Needless to say, shelter is one of the most basic human necessities. With that in mind, you’re going to need a semi-permanent living arrangement if you plan on staying in Andorra long term (unless you can afford to live in a hotel indefinitely).
Housing prices can vary greatly, depending on where in Andorra you plan on settling down. If you want to become a longtime resident, you’ll have to make the choice to either rent or invest in real estate.
Precio del alquiler de una propiedad
Como en la mayoría de lugares del mundo, el mercado inmobiliario de alquiler en Andorra tiene sus propias peculiaridades y características. Los precios varían según la ubicación, the number of bathrooms and bedrooms as well as additional benefits, such as parking.
Generally, you’ll find that apartment rental costs range between €800 and €3,000 per month. Most of the time the number will fall somewhere between the two extremes. Here’s an overview of apartment rental costs in Andorra:
1 bed/1 bath studio apartment outside the city center will cost between €800-€1,500/month
A quality 2 bed/1 bath unfurnished apartment in Encamp costs around €1,700/month
Precio de compra de un bien inmobiliario
If you’re looking to put down your roots in Andorra or if your life situation demands a long-term stay, buying a house or an apartment might make more sense than renting. Real estate prices here, much like in any country, are going to vary based on property specifications and more importantly, the location.
Generally, if you want to buy a modern two-bedroom apartment, expect to pay between €250,000 and €400,000. To make calculations simpler, here’s an estimate of Andorran property costs per square metre:
Apartments: €3,268 per square metre
Townhouses and chalets: €2,700-€3,000 per square metre
Land: €727 per square metre
Obviously, depending on the location, the price can be higher or lower. Pricing will also depend on the number of bedrooms and bathrooms. Additionally, amenities like parking or extra storage may also up the price. Be sure to consult our frequently updated guide for buying property in Andorra as well as our house and apartment rental guide, both of which provide more detailed information.