The cost of buying property in Andorra: taxes & fees
Buying property in Andorra can be a sound investment, but it’s important to understand the associated costs.
This guide will outline the one-off fees, ongoing expenses, and what to expect for mortgage costs as a non-resident.
One-off Purchase Costs
When purchasing property in Andorra, buyers should budget for a range of one-off costs above the purchase price.
These typically include notary fees, registration fees, and taxes which can vary by region.
- Transfer tax: approximately 4%
- Notary fees: generally 0.5-1.5%
- Registration fees: about 1%
- Legal fees: around 1-2%
Total Percentage to Budget
On average, you should expect to budget around 6-8% of the property price for these one-off costs.
This can vary based on the exact property value and regional differences.
Worked Example
Assuming a typical median asking price of €1,750,000, the one-off costs could be estimated as follows:
Transfer tax (4%): €70,000
Notary fees (1%): €17,500
Registration (1%): €17,500
Legal fees (1.5%): €26,250
Total one-off costs: approximately €131,250.
Recurring Costs of Ownership
Once you own property in Andorra, there are several recurring costs to factor in.
This includes annual property taxes, community fees if applicable, utilities, and insurance.
- Annual property tax: generally around 0.1-0.2% of the property value
- Community/condo fees: varies by property
- Utilities: can range based on usage
- Property insurance: varies based on coverage needed
Mortgage Costs for Non-Residents
Financing is available for non-residents, but conditions can vary widely between lenders.
Be prepared for higher interest rates and potentially lower loan-to-value ratios compared to residents.
Verification and Professional Guidance
Always verify the current tax rates and fees with official sources or a local lawyer/accountant.
They can provide tailored advice based on your specific situation.
Frequently asked questions
What taxes do I need to pay when buying property in Andorra?
You will typically pay a transfer tax (around 4%), notary fees, and registration fees.
What are the ongoing costs after purchasing property?
Monthly costs include property tax, utility bills, insurance, and possibly community fees.
Can non-residents get a mortgage in Andorra?
Yes, but terms vary. Non-residents may face stricter lending criteria.
How much should I budget for one-off costs?
Budget approximately 6-8% of the property price for one-off costs.
Where can I find more detailed information about tax laws in Andorra?
Consult local legal experts or refer to government resources for the most accurate and current information.
This guide is general information, not legal, tax or immigration advice. Rules change — verify the current position with official sources and a qualified professional before acting. Last reviewed June 2026.