Property Prices in Andorra la Vella, Andorra

Index Info
Price to Income Ratio: 8.91
Mortgage as Percentage of Income: 60.39%
Loan Affordability Index: 1.66
Price to Rent Ratio - City Centre: 22.18
Price to Rent Ratio - Outside of Centre: 20.13
Gross Rental Yield (City Centre): 4.51%
Gross Rental Yield (Outside of Centre): 4.97%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,000.00 € 900.00-1,200.00
Apartment (1 bedroom) Outside of Centre 835.71 € 750.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,850.00 € 1,450.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,600.00 € 1,200.00-2,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 455.22 € 418.06-510.96
Price per Square Feet to Buy Apartment Outside of Centre 350.71 € 325.16-418.06
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,434.10 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.20 1.75-4.42

These data are based on 65 entries in the past 18 months from 10 different contributors.
Last update: March 2024

Sources and References
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