Andorra: House Prices, Rents, and Rental Yields
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Last Updated: Feb 13, 2006
Yields are moderate in Andorra
| Last Updated: February 13, 2006 | |||||
| ANDORRA - Centre | COST (€) | YIELD (p.a.) | PRICE/SQ.M. (€) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 50 sq. m. | 132,000 | 700 | 6.36% | 2,640 | 14.00 |
| 90 sq. m. | 255,000 | 1,200 | 5.65% | 2,833 | 13.30 |
| 120 sq. m. | 310,000 | 1,600 | 6.19% | 2,583 | 13.30 |
| 200 sq. m. | 420,000 | 2,200 | 6.29% | 2,100 | 11.00 |
| ANDORRA - Suburbs | |||||
| 90 sq. m. | 230,000 | 1,200 | 6.26% | 2,556 | 13.30 |
| 120 sq. m. | 280,000 | 1,500 | 6.43% | 2,333 | v |
| 250 sq. m. | 470,000 | 3,000 | 7.66% | 1,880 | 12.00 |
| 400 sq. m. | 820,000 | 4,500 | 6.59% | 2,050 | 11.30 |
| Source: Global Property Guide | |||||
Apartments in Central Andorra enjoy yields ranging from 5.7% - 6.4%, while similar properties in the suburbs have relatively higher yields, averaging at 6.3% - 7.7%.
Housing in Central Andorra can cost around €2,100 to €2,850 per sq. m. Similar properties in the suburbs offer a cheaper alternative, with prices ranging from €1,880 to €2,560 per sq. m.
A property of 250 sq. m. in the suburbs might cost around €470,000, while a property measuring 400 sq. m. might cost €820,000.
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posted by William | 2007-09-04
jryfibofbvc, Tanta
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