Living in Andorra has become fashionable. This country has been placed at the top of the world rankings due to its low rents and taxes and the great quality of life and security that exists in this country. Contact online >>
Living in Andorra has become fashionable. This country has been placed at the top of the world rankings due to its low rents and taxes and the great quality of life and security that exists in this country.
However, it is essential to understand how the cost of living in Andorra compares to other places before making the decision to settle there. Below, we explore the different aspects that influence the cost of living in Andorra.
In recent years the price of rent in Andorra, as well as the price of urban transport, basic food products such as milk or white rice, clothing and other public services, have gone up in price, not only food in general.
Andorra has a very interesting fiscal panorama for businessmen and entrepreneurs, since living in the Principality of Andorra, allows you not to be taxed at high percentages on business profits. If you need more information about this, you can contact us without any problem.
There are currently many variable options for renting a property in Andorra, however, the further away from the center of Escaldes or Andorra la Vella, the cheaper your apartment will be (except for the Ordino area, which is usually more expensive).
Buying an apartment in Andorra is currently a great investment idea, but it is true that the real estate market, buying apartments in Andorra is complicated because prices have increased significantly. It is really what both tourists and residents (foreigners of new investments) are demanding.
An apartment in Andorra la Vella or in Escaldes Engordany, can range from 300,000€ to a million or even a million and a half if you choose one of the options located in the new towers that have been built in the center of Escaldes Engordany.
In this new area, good restaurants are being located, as they have an excellent location in the center of the Principality of Andorra. Although this type of restaurant is established as a more luxury restaurant, they also offer a very interesting menu for those who work in public services or in private companies nearby.
It is true that many people are currently moving to la seu d’urgell (last town in Spain before reaching Andorra) as they are looking for a place to stay or more affordable housing.
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