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The tendency to migrate to smaller cities from megacities has become common in the modern world. The areas of Andorra-Sierra de Arcos are ideal for acquiring your dream house.
Below, you will find details about some of the best areas in Andorra to buy property. We will also cover choosing an area, finding an apartment, and concluding a real estate purchase in Andorra.
CONTENTS:
- Choose the purpose behind your purchase: investment, vacation, or permanent residence
- Characteristics of Andorra Sierra de Arcos areas
- How to buy an apartment as a foreigner in Andorra Sierra de Arcos?
- Is it worth buying property in Andorra Sierra de Arcos?
- The best areas of Andorra Sierra de Arcos to stay in
- We will help you buy an apartment in Andorra Sierra de Arcos
CHOOSE THE PURPOSE BEHIND YOUR PURCHASE: INVESTMENT, VACATION, OR PERMANENT RESIDENCE
Real estate is purchased for different reasons, such as investing, renting out, or living.
Real estate in Spain in the city center is suitable for investment.
Accommodations in famous commercial and tourist areas are usually great rental options.
For a permanent residence, it is essential to consider the infrastructure.
CHARACTERISTICS OF ANDORRA REGIONS
The district’s housing prices depend on its location, Andorra’s attractions, infrastructure, availability of parking spaces, and the property’s state.
Let us compare where you might want to buy an apartment in Andorra in more detail.
1. Andorra
Geographical location
Andorra is a municipality in Spain, part of the province of Teruel. It covers an area of 141.58 km², and the population is 8367 people.
Infrastructure
Sightseeing: Mining Technopark, San Macario Park, Parish Church of the Nativity of Our Lady, Ethnographic Exhibition Angel Garcia Cañada.
Transport: railway, public transportation.
Education: CEIP general education schools, Juan Ramón Alegre, Escuela de Música y Danza de Andorra music school, Escuela de Educación Infantil la Malena preschool, Public College of Manuel Franco Royo (Colegio Público Manuel Franco Royo).
Healthcare: Medical Centers of Salud Andorra, Centro Médico Mediasa, Loga Salud Andorra.
Sports: Mini-football sports center, clubs - cycling, athletics, basketball, and badminton.
Development and property type
The real estate market is represented by secondary housing: apartments, houses, townhouses, and duplexes.
Average price per square meter
| Purchase | Rent |
|---|---|
| Average price per m2 - 842 € / m2 | Average price per m2 - 6 € / m2 |
| Average property price - 83 258 € | Average property price - 501 € |
| Price per m2 for the number of rooms: | Price per m2 for the number of rooms: |
| Price for 3 rooms - 829 € / m2 | Price for 3 rooms - 527 € / m2 |
| Price for 4 rooms - 842 € / m2 | Price for 4 rooms - 520 € / m2 |
| Price per m2 for services: | Price per m2 for services: |
| With terrace - 851 € / m2 | With terrace - 451 € / m2 |
| Furnished property - 835 € / m2 | Furnished property - 496 € / m2 |
| With elevator - 1105 € / m2 | With elevator - 530 € / m2 |
| For a parking space - 1061 € / m2 | For a parking space - 486 € / m2 |
Advantages and disadvantages
The advantages include safety, high quality of life, and rich cultural life.
2. Alosa
Geographical location
Alosa is a Turol municipality in Andorra. The village is located at an altitude of 668 m above sea level, and its area is 81 km2. The population is about 600 people.
Infrastructure
Sightseeing: Renaissance Town Hall (16th century), Los Barrancos sculptural park, Gallipuente aqueduct, Escuriza reservoir, Miners’ park, Cypress grove.
Transport: public transport (bus stop only).
Education: Escuela Infantil De Alloza School.
Healthcare: Wellness Center de Atención Primaria.
Development and property type
There are secondary apartments, houses, chalets, and commercial real estate on the real estate market.
Average price per square meter
| Purchase | Rent |
|---|---|
| Average price per m2 - 1069 € / m2 | Average price per m2 - 6 € / m2 |
| Average property price - 103 772 € | Average property price - 501 € |
| Price per m2 for the number of rooms: | Price per m2 for the number of rooms: |
| Price for 2 rooms - 1135 € / m2 | Price for 2 rooms - 487 € / m2 |
| Price for 3 rooms - 1064 € / m2 | Price for 3 rooms - 527 € / m2 |
| Price for 4 rooms - 1029 € / m2 | Price for 4 rooms - 520 € / m2 |
| Price per m2 for services: | Price per m2 for services: |
| With terrace - 1121 € / m2 | With terrace - 451 € / m2 |
| Furnished property - 1063 € / m2 | Furnished property - 496 € / m2 |
| With elevator - 1221 € / m2 | With elevator - 530 € / m2 |
| For a parking space - 1118 € / m2 | For a parking space - 486 € / m2 |
Advantages and disadvantages
Advantages include a quiet lifestyle, rich history, and low prices.
3. Ejulve
Geographical location
Ejulve is a municipality in Spain within the province of Teruel. It covers an area of 109 km2, and the population is 198 people.
Infrastructure
Sightseeing: Town Hall, Tower, Santa Maria Maggiore Church, San Pascual Church, Casa Felicitas Monastery, Las Posadas, Ancient Hospital, Recuenco Cave, Maestrasgo Cultural Park.
Transport: public transport (bus stop only).
Education: Center for Children and Primary Education.
Healthcare: Wellness Center (Centro de Аtención Рrimaria).
Development and property type
There are secondary housing options on the real estate market, mainly houses, and chalets.
Average price per square meter
| Purchase | Rent |
|---|---|
| Average price per m2 - 1069 € / m2 | Average price per m2 - 6 € / m2 |
| Average property price - 103 772 € | Average property value - 501 € |
| Price per m2 for the number of rooms: | Price per m2 for the number of rooms: |
| Price for 2 rooms - 1135 € / m2 | Price for 2 rooms - 487 € / m2 |
| Price for 3 rooms - 1064 € / m2 | Price for 3 rooms - 527 € / m2 |
| Price for 4 rooms - 1029 € / m2 | Price for 4 rooms - 520 € / m2 |
| Price per m2 for services: | Price per m2 for services: |
| With terrace - 1121 € / m2 | With terrace - 451 € / m2 |
| Furnished property - 1063 € / m2 | Furnished property - 496 € / m2 |
| With elevator - 1221 € / m2 | With elevator - 530 € / m2 |
| For a parking space - 1118 € / m2 | For a parking space - 486 € / m2 |
Advantages and disadvantages
The advantages include landscape diversity, rich cultural and historical heritage, and low real estate prices.
4. Olivete
Geographical location
Olivete is a municipality in Spain within the province of Teruel. It covers an area of 86 km2, and the population is about 500 people.
Infrastructure
Sightseeing: Don Juan’s House, Nuestra Señora de La Asuncion Church of the 18th century, Sima de San Pedro - a massive well with a lake at the bottom, the Cueva Foradada reservoir. Olete is part of the Martin River Cultural Park.
Transport: public transport (bus stop only).
Education: National Center for Preschool and Primary Education, College.
Health care: Outpatient clinic, health centers.
Development and property type
The real estate market is mainly represented by secondary housing: houses in Spain, chalets, and townhouses.
Average price per square meter
| Purchase | Rent |
|---|---|
| Average price per m2 - 1069 € / m2 | Average price per m2 - 6 € / m2 |
| Average property price - 103 772 € | Average property price - 501 € |
| Price per m2 for the number of rooms: | Price per m2 for the number of rooms: |
| Price for 2 rooms - 1135 € / m2 | Price for 2 rooms - 487 € / m2 |
| Price for 3 rooms - 1064 € / m2 | Price for 3 rooms - 527 € / m2 |
| Price for 4 rooms - 1029 € / m2 | Price for 4 rooms - 520 € / m2 |
| Price per m2 for services: | Price per m2 for services: |
| With terrace - 1121 € / m2 | With terrace - 451 € / m2 |
| Furnished property - 1063 € / m2 | Furnished property - 496 € / m2 |
| With elevator - 1221 € / m2 | With elevator - 530 € / m2 |
| For a parking space - 1118 € / m2 | For a parking space - 486 € / m2 |
Advantages and disadvantages
The advantages include a calm atmosphere, a slow pace, friendly locals, rich history, high quality of life, and low prices.
5. Esterkuel
Geographical location
Esterkuel is a municipality in Spain within the province of Teruel. It covers an area of 55.5 km2, and the population is 271 people.
Infrastructure
Sightseeing: Center of Fire and Celebration, Church of Santo Toribio, Monastery of Santa Maria del Olivar, brown coal mining enterprises. Esterkuel is part of the Maestrasgo Cultural Park.
Transport: public transport (bus stop only).
Education: Center for Primary Education.
Healthcare: Medical centers.
Development and property type
The real estate market is represented by secondary housing: apartments and houses.
Average price per square meter
| Purchase | Rent |
|---|---|
| Average price per m2 - 1069 € / m2 | Average price per m2 - 6 € / m2 |
| Average property value - 103 772 € | Average property value - 501 € |
| Price per m2 for the number of rooms: | Price per m2 for the number of rooms: |
| Price for 2 rooms - 1135 € / m2 | Price for 2 rooms - 487 € / m2 |
| Price for 3 rooms - 1064 € / m2 | Price for 3 rooms - 527 € / m2 |
| Price for 4 rooms - 1029 € / m2 | Price for 4 rooms - 520 € / m2 |
| Price per m2 for services: | Price per m2 for services: |
| With terrace - 1121 € / m2 | With terrace - 451 € / m2 |
| Furnished property - 1063 € / m2 | Furnished property - 496 € / m2 |
| With elevator - 1221 € / m2 | With elevator - 530 € / m2 |
| For a parking space - 1118 € / m2 | For a parking space - 486 € / m2 |
Advantages and disadvantages
The advantages include a calm rhythm of life, pine forests nearby, and low prices.
HOW TO BUY AN APARTMENT AS A FOREIGNER IN ANDORRA?
Requirements to purchase. You will need to:
- Choose the housing type that suits your needs.
- Check the area infrastructure.
- Get your NIE.
- If necessary, choose a mortgage with favorable terms. Note that the maximum amount that banks will finance when buying real estate in rural areas is 60 to 70%.
- Get advice from a real estate specialist.
- Prepare the necessary documents.
- Conclude a sales and purchase agreement.
IS IT WORTH BUYING PROPERTY IN ANDORRA?
Reasons for buying a home in Andorra:
- Low prices. The cost of living here is about 45% lower than the national average (low rental prices, IBI, and road tax).
- Buying property in the Spanish countryside is gaining popularity because of the Coronavirus.
According to the Airbnb hosting platform, the demand for properties within a 300 km radius of significant cities increased from 17% in February 2021 to 45% in May 2021.
- Tourists have increasingly chosen the interior regions of Spain during the pandemic.
- You can have a safe, quiet life and gain wealth. Historical and cultural heritage is original.
Immigrants from Romania, China, Luxembourg, France, and Morocco prevail among foreign real estate buyers in the Andorran market.
THE BEST AREAS OF ANDORRA TO STAY IN
So, where is the best place to buy an apartment in Andorra?
It would help if you chose the area of Andorra for buying and renting real estate that best aligns with your preferences, lifestyle, and budget.
Recommendations for choosing an apartment in Spain for living in will depend on the buyer's personal needs.
Alosa and Ehulve are areas where it is better to live for a Russian and buy an apartment for a pensioner.
In Andorra, Oleta is the area best for buying an apartment for renting and investing.
It is better to live in Esterkueli, Andorra, for a more extended period.
We hope that our guide to the regions of Andorra will help you choose a property.
WE WILL HELP YOU BUY PROPERTY IN ANDORRA
Do you want to buy a house in a quiet area of Spain, far from the bustle of the city? Explore the Andorra-Sierra de Arcos area. The specialists of Spain-Real.Estate will help with the search, paperwork, and real estate purchase. Find your dream house with Spain-Real.Estate!