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The house journal

Andorra

Building in the Principality: prior foreign investment authorisation, dedicated taxation, mountain planning and high-altitude construction constraints.

Andorran village with slate roofs, stone buildings in the mountains

Andorra

Borrowing in Andorra: what the mortgage figures actually say

Local financing exists, is growing strongly — and remains a residents' market. A reading of the official annual Andorran mortgage data, and of what they imply for an international buyer.

1 September 20265 min readChecked 1 September 2026

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Construction site in the Andorran Pyrenees, residential buildings in the valley

Andorra

Andorran tenancies: Law 11/2026 ends forced extensions — in stages

Seven years of forced extensions are ending — but not at once. For a landlord, Law 11/2026 is a calendar: knowing the year your lease is released is worth an appraisal.

1 September 20264 min readChecked 1 September 2026

Andorran village with slate roofs, Pyrenean valley

Andorra

Andorra's market in Q1 2026: prices up, volumes down

Prices rising as volumes recede: Andorra's first quarter of 2026 sketches a dearer, narrower market under the tightened Omnibus 2 tax regime.

31 August 20263 min readChecked 1 September 2026

Snow-covered slope of the Andorran Pyrenees at first light

Andorra

Andorra's passive residence: what 2026 actually requires

Andorra's non-lucrative residence regime tightened all three of its parameters in 2026: the threshold, the deposit, the count. A precise status report under Law 2/2026.

29 August 20263 min readChecked 31 August 2026

Slate roofs of an Andorran village set against the mountain

Andorra

Andorra's Omnibus II: what Law 2/2026 changes for foreign real estate investors

In 2026 Andorra rewrote the taxation of foreign real estate investment: two rates — 6% and 10% — replacing the 2024 brackets, and a definition of 'foreign' that now captures some residents. A reading of the text.

28 August 20263 min readChecked 31 August 2026

Andorran stone and slate village against the Pyrenees, late afternoon

Andorra

ITP, IGI, capital gains: what owning and reselling in Andorra really costs

Buying in Andorra costs 4% in transfer tax (ITP: 1% for the Govern, 3% for the parish) — or 4.5% IGI if the property is new and bought from the developer. On resale, the real estate capital gain is taxed on a scale that decreases with the holding period: up to 15% for a quick resale, down to exemption for long holdings. A non-resident seller faces a 5% withholding on the price, applied by the buyer as a tax advance.

16 August 20263 min readChecked 16 August 2026

Mountain construction site in Andorra under snow, crane and concrete structure at dusk

Andorra

Investing in the Principality: prior authorisation and the foreign real estate investment tax

Any foreign real estate investment in Andorra requires prior administrative authorisation (Law 10/2012, as amended by Law 3/2024) and, since 2024, triggers a specific tiered tax: 6% for a first property, up to 10% from the fourth. The notary cannot execute the deed without proof of tax settlement.

16 August 20263 min readChecked 31 August 2026

Stone and timber residence under construction in a Pyrenean valley

Andorra

Andorra: building in the Principality

A 10% corporate tax, a tiny property market and a recent law taxing foreign investment: the Principality is neither the paradise described nor the fortress imagined. What we have learned there by building.

26 January 20263 min read