Price/Rent Ratio in Andorra compared to Europe
The tax levied on the average annual income on a rental apartment/property in the country based on a gross rental income of $1500/month. We assume that the property is owned by nonresidents. These tax rates might be subject to deductions (e.g from interest payments, costs).
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| Monaco |
40 yrs
|
| Luxembourg |
35 yrs
|
| Switzerland |
34 yrs
|
| Germany |
32 yrs
|
| Austria |
31 yrs
|
| Denmark |
30 yrs
|
| Norway |
28 yrs
|
| Czech Rep. |
26 yrs
|
| Bosnia & H. |
25 yrs
|
| France |
25 yrs
|
| Belgium |
24 yrs
|
| Finland |
24 yrs
|
| Slovenia |
24 yrs
|
| Croatia |
24 yrs
|
| Malta |
22 yrs
|
| Slovak Rep. |
22 yrs
|
| Sweden |
22 yrs
|
| Estonia |
22 yrs
|
| Albania |
21 yrs
|
| Cyprus |
21 yrs
|
| Bulgaria |
21 yrs
|
| Netherlands |
20 yrs
|
| Hungary |
20 yrs
|
| Iceland |
20 yrs
|
| Portugal |
19 yrs
|
| Andorra |
19 yrs
|
| Macedonia |
19 yrs
|
| Greece |
18 yrs
|
| Serbia |
18 yrs
|
| Spain |
18 yrs
|
| Turkey |
18 yrs
|
| Montenegro |
17 yrs
|
| Romania |
16 yrs
|
| UK |
16 yrs
|
| Italy |
16 yrs
|
| Latvia |
15 yrs
|
| Moldova |
15 yrs
|
| Poland |
15 yrs
|
| Ireland |
14 yrs
|
| Lithuania |
13 yrs
|
Andorra has no official house price statistics. There are real estate reports from Agents i Gestors immobiliaris d'Andorra (AGIA) but they are written in Andorran.