Secondary Real Estate in Andorra: Resale Property in a High-Altitude Investment Haven

Why the Secondary Property Market in Andorra Is Thriving

Andorra, the microstate nestled between Spain and France in the Pyrenees, has long been known for its favorable tax regime, high quality of life, and stunning mountain landscapes. While new development projects are tightly regulated, the secondary real estate market—resale apartments, chalets, and villas—has become a central focus for both lifestyle buyers and investors. Offering prime locations, established infrastructure, and faster move-in timelines, resale properties in Andorra deliver strong value and performance across all seven parishes.

From ski-access apartments in Canillo and Encamp to traditional chalets in Ordino and family flats in Andorra la Vella, the resale market provides a diverse portfolio of properties. These homes attract not only Andorran residents but also foreign buyers seeking fiscal residency, vacation homes, or rental income from tourism. As new construction remains limited due to geography and planning laws, secondary real estate is the primary channel for entry into Andorra’s elite alpine housing market.

Who Buys Resale Property in Andorra?

• Andorran citizens and residents: Upgrading properties or moving between parishes based on lifestyle and family needs.
• Foreign professionals and entrepreneurs: Using real estate to establish passive or active fiscal residency in Andorra.
• European retirees: Acquiring long-term homes in a peaceful, tax-efficient, and healthcare-accessible country.
• Investors: Buying fully furnished resale units for seasonal or year-round rental income.
• Digital nomads: Combining outdoor lifestyle with high-speed internet and financial stability.

Advantages of Buying Secondary Real Estate in Andorra

1. Faster Transaction and Move-in Timeline

Unlike new developments that may take months or years to complete, resale homes can be transferred and occupied within weeks. Many come fully furnished and equipped with appliances, heating systems, and utilities already connected.

2. Prime, Established Locations

Resale properties are often located in the best areas of each parish—within walking distance to shops, ski lifts, public services, and schools. Their proximity to infrastructure makes them more appealing to both end-users and renters.

3. Competitive Pricing and Negotiation Flexibility

Compared to new projects, resale properties often provide better value per square meter, especially in older buildings that have been modernized. Sellers may be open to negotiation, particularly in the off-season.

4. Unique Architectural Character

Traditional Andorran stonework, wooden beams, and historic village layouts provide charm that is difficult to replicate in newer constructions. Chalets and mountain homes in Ordino, La Massana, and Canillo are especially valued for their heritage appeal.

5. Proven Rental History and Management Infrastructure

Many resale properties have existing short-term or long-term rental records. This gives investors clear expectations of occupancy, rates, and maintenance costs. Some also include licenses and property management contracts.

Most Popular Types of Resale Property in Andorra

Furnished Apartments in Ski Parishes

Resale units in Canillo, Encamp, and El Tarter offer strong seasonal rental demand due to their proximity to Grandvalira ski domain. These range from 1-bedroom studios to 3-bedroom family apartments with balconies and parking.

Traditional Chalets and Duplexes

Found in Ordino, Arinsal, and Pal, chalets combine authentic mountain architecture with modern upgrades. Often detached or semi-detached, they feature fireplaces, terraces, and panoramic valley views.

City-Center Flats in Andorra la Vella

Apartments in the capital’s secondary market are ideal for professionals and long-term residents. Many come with garages, concierge services, and access to international schools and government buildings.

Luxury Resale Villas in Escaldes-Engordany

Homes in Escaldes offer thermal spa proximity, designer finishes, and private lifts. Secondary villas here serve wealthy buyers seeking prestige, comfort, and seclusion close to the capital.

Affordable Family Homes in La Massana and Sant Julià

Secondary homes in these parishes appeal to local and regional buyers looking for spacious, multi-bedroom units with green surroundings and school access at mid-range prices.

Average Prices and Rental Potential by Area

Property Prices (Resale Market)

• 1-bedroom apartment in Canillo or Encamp: €180,000–€240,000
• 2-bedroom apartment in La Massana or Andorra la Vella: €250,000–€350,000
• 3-bedroom penthouse or duplex: €400,000–€600,000
• Traditional chalet in Ordino: €600,000–€900,000
• Luxury villa in Escaldes: €1.2M–€2.5M

Rental Yields

• Short-term (ski season): 5%–8% gross annual return
• Long-term furnished leases: 3.5%–5% gross annual return
• Vacation rental peak rates (Dec–Mar): €150–€350/night depending on unit size and location

Legal and Financial Aspects of Buying Resale Property

Foreign Ownership Regulations

Non-residents can freely purchase resale property in Andorra, subject to prior approval by the Department of Foreign Investment. The process is typically completed within 30 days and applies to both apartments and land.

Transaction Costs

• Property transfer tax (Impost de Transmissions Patrimonials): ~4%
• Notary and registration fees: ~1%
• Annual property tax (Comú): €300–€1,200 depending on property size and location

Financing Options

Andorran banks provide mortgages to residents and qualified foreign buyers. Typical down payments range from 30%–40%, with loan durations of up to 25 years. Interest rates are competitive, especially for energy-efficient or high-demand units.

Documentation Required

VelesClub Int. ensures title verification, debt clearance, building permits, and utility registration before purchase. Resale homes often come with complete documentation, including renovation history and tax status.

Top Parishes in Andorra for Resale Property

Andorra la Vella

The capital is ideal for those seeking proximity to government, commerce, and city life. Secondary apartments here are priced competitively and deliver consistent long-term rental income.

Canillo and El Tarter

These ski-adjacent parishes offer some of the highest rental yields in winter. Resale units near gondola stations are in constant demand among holidaymakers and seasonal workers.

Ordino

Known for its traditional stone architecture and strict zoning, Ordino offers exclusive chalets and historic homes. The resale market here is limited and premium, with strong appreciation.

La Massana and Arinsal

Family-friendly areas with modern infrastructure. Resale homes here are attractive to long-term tenants and mid-budget buyers who want outdoor lifestyle access and school proximity.

Escaldes-Engordany

Luxurious villas and penthouses dominate this parish, with resale units fetching high prices. It’s a favorite among affluent investors and those seeking spa access and panoramic views.

How VelesClub Int. Supports Buyers of Resale Real Estate in Andorra

• Curated listings with verified legal status and market history
• Assistance with foreign investor approval and financing coordination
• Full due diligence: title checks, tax clearance, and community records
• Support with rental setup, property management, and tourism licensing
• Post-sale services: renovation guidance, furnishing, and resale strategy

Conclusion: Secure, Scenic, and Profitable—Resale Property in Andorra Delivers

Andorra’s secondary real estate market combines location, value, and long-term potential in one of Europe’s most secure and scenic environments. From alpine chalets to city flats, resale properties offer immediate access, lower entry prices, and strong rental demand—all under a transparent legal framework and low-tax regime. With limited new construction and enduring international appeal, Andorra’s secondary market continues to attract discerning buyers from across the globe.

With VelesClub Int. as your real estate partner, you gain access to vetted listings, expert legal support, and the full infrastructure needed to make a secure and rewarding investment in Andorra’s thriving resale property sector.