Investing in a parking space or cellar in Andorra: limits, yield, taxation
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The short answer
A parking space or cellar requires a lower entry ticket than an apartment, but non-residents are limited to 6 parking spaces and to a set number of annexes per apartment. Taxation of the purchase and of the rent follows that of housing when they are let together.
A non-resident's limits
- Parking: at most 6verified on 09/10/2026 spaces in total.
- Annexes: up to 3verified on 09/10/2026 parking spaces and as many cellars per apartment, unless the division deed provides otherwise.
Yield and risks
- The rent for a parking space is modest: the appeal is the low purchase price and demand in dense areas.
- Liquidity on resale depends on the co-ownership and local demand.
- Co-ownership charges and IGI can weigh on a small rent.
Taxation
On purchase, transfer tax or IGI depending on the seller: 4 %verified on 09/10/2026. For rent: see taxation of rent.
How the limit applies
A non-resident can acquire up to 6verified on 09/10/2026 parking spaces in total. On top of that come the annexes of an apartment: up to 3verified on 09/10/2026 parking spaces and as many cellars per apartment, unless the division deed provides otherwise. The limit counts for 10 yearsverified on 09/10/2026 from the previous investment. Check your project with the checker.
A yield example
A space bought for 25,000 euros with 1,500 euros in costs and let for 100 euros a month earns 1,200 euros a year before charges, or about 4.5% of the total cost of 26,500 euros. Co-ownership charges and vacancy reduce this figure.
What makes the difference
- Location: a parking space close to shops and transport is easier to let.
- Title: parking space in private ownership or a right of use?
- Co-ownership: charges, slab works, letting rules.
- Resale: demand depends on the neighbourhood; liquidity is lower than for a home.
Tax side
On purchase, ITP (4 %verified on 09/10/2026) or IGI depending on the seller. On rent, taxation is that of rental income: see taxation of rent.
Work out your own case
Free simulators, built on the official values of this page.
Frequently asked questions
Can a non-resident buy a parking space on its own?
Yes, within the number of spaces allowed. Check your project with the simulator.
Does the parking space count towards the limit?
Yes, it has its own ceiling.
Is it profitable?
It depends on the price and the rent: use the yield calculator.
Going further
Official sources
This information is general and is not personalised legal, tax or financial advice. It is verified as of the date shown and may change.