Five areas of Andorra Sierra de Arcos for real estate purchase and relocation

Five areas of Andorra Sierra de Arcos for real estate purchase and relocation

In the modern world, the tendency to migrate to smaller cities from megacities has become common. 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 how to choose an area, find an apartment and conclude a deal in Andorra.

Contents:

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 centre is suitable for investment.

Accommodation in famous commercial and tourist areas are usually rented out.

For permanent residence, it is essential to consider the infrastructure.

Five areas of Andorra Sierra de Arcos for real estate purchase and relocation

Characteristics of Andorra regions

The districts’ housing prices depend on its location, Andorra’s attractions, infrastructure, availability of parking spaces, and the property’s state.

Let us compare in more detail, where you might want to buy an apartment in Andorra.

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 transport.

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, duplexes.

Average price per square meter

PurchaseRent
Average price per m2 - 842 € / m2Average 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, 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

On the real estate market, there are secondary apartments, houses, chalets, and commercial real estate.

Average price per square meter

PurchaseRent
Average price per m2 - 1069 € / m2Average 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, 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

On the real estate market, there are secondary housing objects, mainly houses and chalets.

Average price per square meter

PurchaseRent
Average price per m2 - 1069 € / m2Average 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, 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, townhouses.

Average price per square meter

PurchaseRent
Average price per m2 - 1069 € / m2Average 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 pace, friendly locals, rich history, high quality of life, 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, houses.

Average price per square meter

PurchaseRent
Average price per m2 - 1069 € / m2Average 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:

  1. Choose the housing type that suits your needs.
  2. Check the area infrastructure.
  3. Get your NIE.
  4. 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%.
  5. Get advice from a real estate specialist.
  6. Prepare the necessary documents.
  7. Conclude a sales and purchase agreement.

Five areas of Andorra Sierra de Arcos for real estate purchase and relocation

Is it worth buying property in Andorra?

Reasons for buying a home in Andorra:

  1. Low prices. The cost of living here is about 45% lower than the national average (low rental prices, IBI and road tax).
  2. Buying property in the Spanish countryside is gaining popularity due to the effects 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.

  3. Tourists increasingly choose the interior regions of Spain during a pandemic.
  4. You can have a safe, quiet life, as well as gain wealth. There is the originality of historical and cultural heritage.

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?

You should choose 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 personal needs of the buyer.

Alosa and Ehulve are areas where it is better to live for a Russian and/or buy an apartment for a pensioner.

In Andorra, Oleta is the area best-suited to buying an apartment for renting and investing.

It is better to live in Esterkueli, Andorra, for a longer period of time.

We hope that our guide to the regions of Andorra will help you choose a property.

Five areas of Andorra Sierra de Arcos for real estate purchase and relocation

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!

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