Countryside sample in Andorra produces low yields

September 07, 2016

Last Updated: Sep. 7, 2016
Countryside Apartments COST (€) YIELD (p.a.) PRICE/SQ.M. (€)
65 sq. m. 179,855 556 3.71% 2,767 8.56
120 sq. m. 349,800 920 3.16% 2,915 7.67
200 sq. m. 599,200 n.a. n.a. 2,996 n.a.
Countryside Houses
200 sq. m. 620,000 n.a. n.a. 3,100 n.a.
500 sq. m. 1,296,500 n.a. n.a. 2,593 n.a.
Districts researched:
Andorra: Ordino, La Massana, and Sant Julià de Lòria
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Our sample of properties in Andorra is rather skewed. By selecting countryside properties, we have unfortunately pre-selected relatively expensive, relatively low-yielding properties (low yields are typical for country properties everywhere).  But it is hard to find a sufficiently large city-centre data sample to generate yields estimates.

Property buying costs. Round trip transaction costs on the purchase of residential property in Andorra are relatively high.  See our Andorra residential property Buying Guide and Andorra property transaction sosts compared to the rest of Europe.