Buy or rent in Andorra? What is the best option?
If you’re thinking about moving to Andorra or investing in property, you’re probably wondering whether it’s better to buy or rent an apartment in Andorra. At Sterling, we analyze the benefits of each option.
Advantages of buying an apartment in Andorra
● Property appreciation: housing prices have increased in recent years.
● An ideal option for investors seeking passive residency.
● High profitability if used for tourist or long-term rental.
Advantages of renting a property in Andorra
● Lower initial investment and greater flexibility.
● Possibility of living in an exclusive area without the need to buy.
● Ideal for new residents who want to get to know the market better before buying.
Conclusion:
If you have a long-term project in Andorra, buying a property is the best option. If you’re still exploring the country or prefer flexibility, renting might be more suitable.
