Real estate investment in Andorra
To buy property in Andorra, a foreigner needs to obtain government permission.
Statistics confirm the liquidity of investments: every quarter, residential real estate prices grow by an average of 1,5%. Five years ago, an apartment of 100 m² cost an average of €273,000, and today it is sold for €358,000.
€3,584
Average price per 1 m²
€400,000
Real estate investment for residency
4,5—5%
Associated costs, of the property value
How the residential property price index is growing in Andorra
Cost of a 3-bedroom apartment in Andorra
€2.5 million
Penthouse with a terrace in Andorra la Vella, next to Avenue Carlemany
€1.8 million
Apartment in Andorra la Vella, next to Avenue Carlemany
€400,000
Apartment in Encamp
Investment real estate in Andorra
Andorra, Escaldes-Engordany
175 m²
4 
2 
Andorra residence permit or citizenship by real estate investment
Property buyers can get an Andorra residence permit. The minimum investment amount for obtaining a residence permit is €400,000. Learn more about the Andorra residence permit by investment.
Taxes and associated costs
Check if real estate in these countries suits your goals
The selections include only verified real estate projects from reliable developers. Purchasing these properties may bring you a residence permit or even citizenship.
Malta11 properties
€300,000+
Permanent residency
6+ months
Show 11 properties
Grenada18 properties
$270,000+
Citizenship
8+ months
Show 18 properties
UAE103 properties
AED 750,000+
Residence permit
2+ months
Show 103 properties
Spain36 properties
€500,000+
Residence permit
5+ months
Show 36 properties
Portugal68 properties
Not limited
Residency after D Visas
6+ months
Show 68 properties
Show all countries40+ guides with European countries
Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.
Material prepared by Igor Buglo, Head of the Maltese office, MBA