Property for rent in Andorra
The market of properties for rent in Andorra has seen a growing interest in this small principality thanks to its advantageous tax system and its taxation system, in fact who owns a property does not have to pay taxes.
Investors are also attracted by the affordable cost of living and by the excellent quality of life. Rental property prices have increased by 15% compared to 2017. Some years ago many owners wanted to sell but now they prefer to rent. The demands for properties for rent in Andorra in fact have increased thanks to the geographical position and the many flights that have been activated: the principality is close to Barcelona, Lisbon, Madrid and the Canary Islands.
Banks in Andorra are among the top 20 in the world.
The most elegant properties for rent in Andorra are located in the areas of Escaldes and Andorra La Vella.
Properties for rent that are defined as luxury are found mainly in the areas of Els Vilars and Engolaster.
Foreigners, especially Americans and from the United Kingdom, look for properties for rent in Andorra in the areas of La Massana, Ordino, Pal and Arcalis