
REAL ESTATE
Real estate investment in Andorra
Why choose Andorra for your real estate investment?
Benefits
Low income tax: maximum of 10%
No wealth tax
No inheritance tax
Reduced VAT (4.5%)
Result: your investments are more profitable and your income better preserved.

A booming real estate market
Strong demand for residential and luxury properties
Interesting returns for rentals (short or long term)
Medium and long-term valuation opportunity
Andorra, your new horizon of prestige
Choosing our services means:
Access exclusive goods
Optimize your investment thanks to tax benefits
Benefit from comprehensive and personalized support
Invest in a safe, attractive and forward-looking country
Contact us for a quick estimate and advice.

Price per m² by parish (apartments for sale)
Key sources and recent data (2024–2025)
Paroisse | Prix moyen ou médian (€ / m²) |
|---|---|
Escaldes-Engordany | Jusqu’à 6 531 € (Cyril Jarnias) |
Andorre-la-Vieille | ≈ 5 032 € (Idealista, Cyril Jarnias) |
La Massana | ≈ 5 054 € (Cyril Jarnias) |
Ordino | ≈ 4 978 € (Cyril Jarnias) |
Encamp | ≈ 4 546 € (Cyril Jarnias) |
Canillo | ≈ 4 471 € (Cyril Jarnias) |
Sant Julià de Lòria | ≈ 3 776 € – le plus abordable (Cyril Jarnias) |
Additional costs related to the purchase of real estate in Andorra

1
Tax on asset transfers (ITP)
Rate: 4% (3% government + 1% municipality).
When? When purchasing an old property (resale), therefore already built and already registered in the register.
Mandatory for all purchases (primary residence, secondary residence, investment).
2
Notary fees
Andorran law sets notary fees at 1% of the property's sale price. Setup Andorra+2principaute-d-andorre-investir-et-s-installer.com+2
In addition to this percentage, there is usually a fixed cost of €600-1,200 for notary formalities. Andorra Advisors
Notary fees (and acquisition costs) in Andorra are considered “relatively low” compared to some European countries. Setup Andorra+2Andorra Advisors+2
3
Real estate agency fees
The seller pays this fee, not the buyer. They are generally around 5% of the sale price (sometimes as high as 10%).
4
Other costs/considerations
Deposit: often 10% when reserving the property, non-refundable if the buyer withdraws.
Mandatory opening of an Andorran bank account, to make payments (notary, ITP, etc.).
Duration of the procedure: approximately 2 months between reservation and final signature.
5
Other costs/considerations
Deposit: often 10% when reserving the property, non-refundable if the buyer withdraws.
Mandatory opening of an Andorran bank account, to make payments (notary, ITP, etc.).
Duration of the procedure: approximately 2 months between reservation and final signature.