What fees are involved in buying property in Andorra?

Transfer Tax: 4% of property value; Notary Fees: 0.1% to 0.5% of property value; Registration Fees: ~0.1% of property value; Legal Fees: 1% to 1.5% of property value

How long does it take to buy property in Andorra?

Offer and Acceptance: 1-2 weeks; Due Diligence: 2-4 weeks; Notary and Completion: 1-2 weeks

What do I need in order to buy property in Andorra?

Identification (required) — Valid passport or national ID.; Tax Identification Number (required) — NRT (Número de Registre Tributari) is required for tax purposes.; Bank Account (required) — An Andorran bank account is necessary for transactions.; Foreign Investment Authorization (required) — Non-residents must obtain authorization from the Andorran government.

Buying Property in Andorra

In Andorra, buying property involves a structured process including offer and acceptance, due diligence, and completion with the involvement of a notary. Buyers should budget for additional costs such as transfer tax and legal fees, which typically add around 5.1–6.1% to the purchase price.

Foreign buyers should be aware of the specific legal requirements and costs associated with purchasing property in Andorra, including the need for a tax identification number and a local bank account.

It is advisable to consult a qualified local lawyer to ensure compliance with the latest regulations and any regional variations.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser.

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