Visit Andorra, the tiny treasure trove

Europe, once brimming with small principalities, now has fairly few micronations. Those that have retained their independence are unique and special places, often overlooked by tourists and the property market. Yet for the discerning buyer, one particular mini-nation has a multitude of benefits to uncover. Here's why to visit, and what to see in Andorra.

Andorra la Vella - Andorra is one of the smallest countries in Europe, but did you know that it has a burgeoning second-home property market? There are many reasons to visit Andorra, and even more to invest there.

Visiting Andorra 

Measuring about 13 miles by 13 miles, with around 80,000 residents, Andorra is truly tiny. However, the once-poor nation has risen to new economic highs, mostly thanks to skiing, hiking and shopping, and now more than 8 million people visit Andorra per year. Tourists pour in from nearby France and Spain to buy luxury goods, electronics and designer items with the country’s appealingly low taxes. Andorra travel is easiest by car, it being only 200km from Barcelona. Due to its mountainous nature, travelling to Andorra by plane isn’t possible and the nearest airport, Andorra-La Seu d’Urgell Airport (LEU), only accepts private flights. 

Exploring Andorra 

Any traveller would be delighted by Andorra’s claim to 300 days of sunshine and, for the ski-enthusiasts, the 300km of skiing in the resorts of Grandvalira and Vallnord. When not blanketed in snow, the mountains are still the prime reason to visit Andorra – it's defined by its nearly 3000m-high peaks. The hiking is lush and unspoilt – the hillsides are dotted with wooden chalets, and serene, lonely lakes invite you down to the valleys. Mountain bike enthusiasts can also find their fill of exciting terrain to tackle here. On a more relaxing note, surrounded by the stunning Pyrenees, the Caldea Thermal Spa in Escaldes-Engordany, claims to be the largest spa in Europe, with lagoons, a grapefruit pool, an Aztecan pool, bubble beds and much more to entice visitors. Speckled around the mountains, in pretty, quiet villages, there are also plenty of churches and fantastic examples of original, stone Romanesque architecture, not to be missed on an Andorra travel itinerary. 

Buying property in Andorra 

Since the peaceful country is so easy to fall in love with, it’s hardly surprising it’s an increasingly popular destination for second homes. Unemployment is low, and non-working residents need only spend 90 days of the year here. Additionally, the income tax is low (10 per cent at its highest rate), meaning it’s a well-considered investment. There's only 4% stamp duty to pay on second properties in Andorra, considerably lower than many of its neighbours, and there is no inheritance tax either. Most notably, there is no capital gains tax collected on properties owned for over 10years. 

All things considered, a purchase in Andorra may be advantageous enough that you could simply use it as a holiday home and then lock it up and leave at the end of your preferred season, to later perhaps utilise the zero capital gains tax. However, given the popularity of the region for its outdoor pursuits, a second rental property here can also be a lucrative investment. Why not find out more about why Andorra is the property investor's dream?

Contact us now

Engel & Völkers Andorra
Email
Back
Contact
Enter your contact details here
Thank you for your request. We will contact you shortly.

Your Engel & Völkers Team
Salutation
  • Mr.
  • Mrs.

Declaration of Data Protection

When using our website, you expressly consent to the registration and use of data described in this statement. Your data will be used for the purposes described below.

IP addresses

IP addresses are required for problem diagnosis, website administration and demographic information. When you visit our site, we recognize only your domain name in any case your e-mail address. Just see your email address if you provide us directly through a form or send us an email.

Cookies

Cookies are used to personalize content, to avoid repeated introduction of passwords or information provided to adapt to the preferences of the user.User registrationOur website contains forms that can be filled to request information. When you register, we will send the requested information.

Email Address

If you provide your e-mail address, we will contact you by email. Do not provide your email address to third parties outside Engel & Völkers. If you no longer wish to receive our e-mails, you can give unsubscribe at any time.Links to other websites Our website contains links to third-party websites. Engel & Völkers is not responsible for protective measures or data content from other websites.

Cancelation

If you no longer wish to receive emails of Engel & Völkers can revoke previously granted permission at any time. The email notification is sufficient for your e-mail is deleted from the list or database web log.

Send now

We know the true value of your property

Do you know how much your property is currently worth? No matter if you just want to inform yourself about the current market-price, or if you wish to sell your property for the best price: our experienced marketing experts are happy to assist you with a free and non-binding valuation.
Send now
Back
Contact
Enter your contact details here
Thank you for your request. We will contact you shortly.

Your Engel & Völkers Team
Salutation
  • Mr.
  • Mrs.
Please enter the property information.

Declaration of Data Protection

When using our website, you expressly consent to the registration and use of data described in this statement. Your data will be used for the purposes described below.

IP addresses

IP addresses are required for problem diagnosis, website administration and demographic information. When you visit our site, we recognize only your domain name in any case your e-mail address. Just see your email address if you provide us directly through a form or send us an email.

Cookies

Cookies are used to personalize content, to avoid repeated introduction of passwords or information provided to adapt to the preferences of the user.User registrationOur website contains forms that can be filled to request information. When you register, we will send the requested information.

Email Address

If you provide your e-mail address, we will contact you by email. Do not provide your email address to third parties outside Engel & Völkers. If you no longer wish to receive our e-mails, you can give unsubscribe at any time.Links to other websites Our website contains links to third-party websites. Engel & Völkers is not responsible for protective measures or data content from other websites.

Cancelation

If you no longer wish to receive emails of Engel & Völkers can revoke previously granted permission at any time. The email notification is sufficient for your e-mail is deleted from the list or database web log.

Send now

Follow us on social media



Array
(
[EUNDV] => Array
(
[67d842e2b887a402186a2820b1713d693dd854a5_csrf_offer-form] => MTM5MjE5NzU3NkJ4d29xancwTDVhZWFIRzEycXAxcW9SdElHdVBqMTdV
[67d842e2b887a402186a2820b1713d693dd854a5_csrf_contact-form] => MTM5MjE5NzU3NnlHcUR0Y2VlTXVPUndLMHZkMW9zMnRmRlgxaUcwaFVG
)
)