It’s no wonder that one of the parishes where there is more growth in investments or purchases of flats is Andorra la Vella, as the capital of the principality contains all the ingredients to be an ideal destination for investors and individuals: a unique location, complete coverage of all kinds of services, tax benefits and a wide range of properties.
It must be taken into account that Andorra has for years become a power within the tourism sector thanks to being in a rural, quiet, surrounded by nature and geographically located between the countries of France and Spain. For these reasons, if you want to buy a flat, Andorra la Vella is one of the places indicated, where investors and individuals will find a wide variety of real estate opportunities, along with the 7 parishes in which the country is divided.
Why invest or buy a flat in Andorra la Vella?
Being the most populated parish in the country with approximately 25,000 people, the city of Andorra la Vella is also the highest capital in Europe at 1013 meters high. Some features that have made it one of the favorite destinations for tourism and foreign investors, who have seen the opportunity to take advantage of the large number of services available both in winter and summer, highlighting sports activities such as skiing or mountain hiking as some of its main attractions.
On the other hand, if you intend to buy a flat or a house in Andorra la Vella, you have to know the tax and economic benefits obtained by both the investor and the individual, especially if we also consider their territorial appeal.
Thus, in this aspect, the principality enjoys one of the most beneficial financial policies in Europe, with the value added tax of 4.5%, being the lowest of the European economies, and an IRPF rate that fluctuates 0% and 10%, the latter only in net income of more than € 40,000 per year.
From the investment point of view, the benefits of buying a flat or house in Andorra la Vella also speak for themselves: The Government contemplates a corporate tax of 10%, which can be reduced to 2%, if the business wants to settle in the principality is dedicated to international trade or financial investment. In short, buying apartments in Andorra are all advantages.
Andorra la Vella, an ideal destination with a wide range of properties
Whether you want to establish an active or passive residency in Andorra, buy a flat in Andorra la Vella it is always an excellent choice because it has the largest portfolio of properties throughout the Principality. In this sense, from And.immo we put at your disposal our advisory team that will allow you to find the home that best suits your requirements, providing you with knowledge about Andorran legislation in the real estate sector, in addition to dealing with all the paperwork management for the transfer of property.
Voici quelques-unes de nos propriétés les plus remarquables en Andorre