JOIN OUR FRIENDLY COMMUNITY
Learn from the experiences of other expats and make new friends in our disccussion forums and Facebook groups
READ OUR GUIDE TO MOVING ABROAD
The Expat Focus Guide to Moving Abroad contains everything you need to know when planning an international relocation available now, completely free
COMPARE QUOTES AND SAVE MONEY
Insurance, FX and international movers
LISTEN TO THE EXPAT FOCUS PODCAST
The Expat Focus podcast features interviews with expats living abroad and service providers meeting their needs subscribe today!
EXPERT FINANCIAL ADVICE & SERVICES
From our tax, investment and FX partners
Expat Focus Partners

Become a Partner. Click Here.
Andorra > Property

Andorra

Andorra - an increasingly attractive location for property buyers

Published Thursday January 05, 2012 (17:41:57)

 

European tax haven Andorra enjoys the same fiscal benefits as better known Monaco, adding to property demand from those looking for residency in a tax shelter as well as traditional ski chalet buyers who flock to the country between December and April each year.

With the end of the ski season last month many ski resorts in Europe have closed up shop until early December with overseas property owners having little prospect of rental income in the summer months.

But tiny Andorra, nestled between France and Spain in the Pyrenees and the sixteenth smallest country in the world, is increasingly attracting out of season tourists and property owners are seeing a rise in overall occupancy levels and return on their investment.

Cycling, pony trekking and hillwalking are some of the pursuits attracting tourists and potential property owners heading for the mountains outside of Andorra's ski season. Andorra's capital, la Vella, is full of duty free shops, restaurants, clubs and bars. Coupled with the mountain scenery and lakes, Andorra has seen a rise in the number of out of season tourists in recent years, and the letting season extended from just the winter months to include the spring and summer.


For a country with a population of 77,000 Andorra attracted a surprising 9 million tourists last year, and with more visitors in the summer months predictions are that this will rise to ten million this year.

Ryanair and easyJet are two of the low cost carriers flying to Barcelona and Girona airports from the UK and Ireland, the onward journey time to Andorra's capital, la Vella, is two and a half hours by coach or car.


Andorra Property News at www.propertyandorra.com offer a free 28 page guide covering banking, applying for residency and the towns and villages of Andorra to those considering moving there plus details of apartments and chalets for sale, with prices starting from 157,000 Euros for a furnished one bedroom apartment in Els Cortals ten minutes from the ski slopes.


Read more Andorra property articles or view our latest Andorra articles

Discuss this article in our Andorra forum or Facebook group

 

 
 


Expat Health Insurance Partners


Cigna Global

Cigna has worked in international health insurance for more than 30 years. Today, Cigna has over 71 million customer relationships around the world. Looking after them is an international workforce of 31,000 people, plus a network of over 1 million hospitals, physicians, clinics and health and wellness specialists worldwide, meaning you have easy access to treatment.



Copyright © 2019 Expat Focus. All Rights Reserved. Use of this website signifies your agreement to the Terms of Use/Privacy Policy. Comments are property of their posters.
Interactive software released under GNU GPL, Code Credits, Privacy Policy