The rental prices in areas popular with expats in Andorra vary depending on the location, size, and condition of the property. Properties in the heart of the city, such as the capital city of Andorra la Vella, tend to be more expensive than those in more rural areas.
Typically, a one-bedroom apartment in Andorra la Vella can range from 900 to 1,500 euros per month. A two-bedroom apartment can range from 1,200 to 2,000 euros per month. Larger apartments and houses can cost anywhere from 2,000 to 5,000 euros or more per month, depending on their size, location, and features.
Rental Caps in Andorra
At present, there are no rental caps in place in Andorra. Renters are free to negotiate the price with landlords, taking into account the condition and location of the property, as well as the cost of utilities, insurance, and any other additional expenses.
Deposit When Renting in Andorra
When renting a property in Andorra, renters are typically required to pay a deposit equivalent to one month’s rent. This deposit is held by the landlord or property manager as security against any damages or unpaid rent at the end of the tenancy.
At the end of the tenancy, the deposit should be returned to the tenant, provided that there has been no damage to the property and all rent and utilities have been paid. If there is damage or unpaid rent, the deposit can be used to cover the costs of repairs or to compensate the landlord for lost income.
Price and Availability of Rentals in Andorra
The price and availability of rentals in Andorra can vary depending on the time of year. During the winter months, when Andorra is a popular ski destination, rental prices tend to be higher, and available properties may be in short supply. Conversely, during the summer months, rental prices may be lower, and there may be more properties available for rent.
Overall, the rental market in Andorra is competitive, and renters have a good choice of properties to choose from. However, it is important to plan ahead and start searching for a rental property several months in advance, especially during the winter months, to ensure that you find a property that meets your needs and budget.