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Sep 11, 2013

Countryside sample produces low yields


Last Updated: Sep. 11, 2013
Countryside Apartments COST (€) YIELD (p.a.) PRICE/SQ.M. (€)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
60 sq. m. 180,000 485 3.24% 3,000 8.09
90 sq. m. 270,270 662 2.94% 3,003 7.35
120 sq. m. 464,160 790 2.04% 3,868 6.58
Countryside Houses
200 sq. m. 718,600 n.a. n.a. 3,593 n.a.
350 sq. m. 1,050,350 n.a. n.a. 3,001 n.a.
Districts researched:
Andorra: Ordino, La Massana, and Sant Julià de Lòria
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Our sample of properties in Andorra is rather skewed. By selecting countryside properties, we have unfortunately pre-selected relatively expensive, relatively low-yielding properties (low yields are typical for country properties everywhere). Next year we should try to include a city centre sample.






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