Location · Pyrenees
Andorra is the alpine geography of the portfolio: a narrow, sought-after residential market, a singular tax and legal framework, and one conviction — build for snow and slope, hold year-round. One file is under review.
A market of valleys: little buildable land, sustained residential and tourism demand, parishes with very different dynamics. Scarcity makes the value — and imposes patience: we would rather walk away than buy badly placed.
The house’s Andorran file is under review; it will only be presented if retained.
A direct reading of Andorran land, permits and the local market, file by file — fed by the Journal’s reference texts: prior authorisation of foreign investment, acquisition and holding taxes (ITP, IGI, capital gains), building in the Principality.
High-end residential designed for year-round holding — not just the high season. Mountains are calculated: snow loads, insulation, winter access; our altitude construction guide describes these constraints and how to treat them.
Review by the house’s method: desk study, visits, counter-appraisals — then, if the operation is retained, a dedicated vehicle, governed in writing. Until the study concludes, nothing is promised: that is the rule, in Andorra as everywhere.
Foreign real estate investment is subject to prior authorisation, and Law 3/2024 introduced a specific tax on foreign real estate investment. Acquisition and holding add ITP, IGI and real estate capital gains taxation. These rules are public, dated, and documented in our texts — official sources attached.
Frequently asked questions
Sources and references
Facts checked against these texts on 19 August 2026 — jurisdiction: Principality of Andorra.
This page is published for general information. The legal and tax regimes cited are dated and sourced; they evolve. Every situation calls for the analysis of locally licensed advisers.
