Price/Rent Ratio in Andorra compared to Europe
This price-to-rent ratio helps assess whether it is more cost-effective to buy or rent a home in a given market. A high price-to-rent ratio suggests that buying a property is more expensive relative to renting, whereas a low ratio indicates that buying may be more favorable than renting.
- Price-to-Rent Ratio below 16: It's generally cheaper to buy a home than to rent.
- Price-to-Rent Ratio between 17 and 20: The cost of buying and renting is roughly comparable.
- Price-to-Rent Ratio above 21: It's generally cheaper to rent than to buy.
Last updated January, 2025
| Monaco | 40 yrs |
| Luxembourg | 37 yrs |
| France | 36 yrs |
| Switzerland | 32 yrs |
| Czech Republic | 32 yrs |
| Malta | 30 yrs |
| Finland | 30 yrs |
| Austria | 28 yrs |
| Germany | 27 yrs |
| Latvia | 25 yrs |
| Norway | 24 yrs |
| Slovenia | 22 yrs |
| Estonia | 22 yrs |
| Belgium | 22 yrs |
| Cyprus | 22 yrs |
| Bulgaria | 22 yrs |
| Croatia | 21 yrs |
| Greece | 21 yrs |
| Denmark | 21 yrs |
| North Macedonia | 20 yrs |
| Hungary | 19 yrs |
| Slovak Republic | 19 yrs |
| Lithuania | 19 yrs |
| Portugal | 18 yrs |
| Poland | 18 yrs |
| Serbia | 18 yrs |
| Spain | 17 yrs |
| Netherlands | 17 yrs |
| Russia | 16 yrs |
| Romania | 15 yrs |
| United Kingdom | 14 yrs |
| Italy | 14 yrs |
| Turkey | 14 yrs |
| Montenegro | 13 yrs |
| Ireland | 12 yrs |
Andorra has no official house price statistics. There are real estate reports from Agents i Gestors immobiliaris d'Andorra (AGIA) but they are written in Andorran.