Andorra

What the data says about Andorra

Not opinions — arithmetic. Each of these came out of the registers and the listings themselves, and each links to the page it was computed from so you can check it. 8 of them today.

Geography Where is the biggest price gap in Andorra? The median home in Escaldes asks €2,950,000; in Montferrer i Castellbo it asks €180,000. Same island, 16.4× the price. What would make this wrong: It compares what is on the market, not like for like. An area of large houses will always beat an area of flats, whatever the land underneath is worth. See what this is built from What things cost Which bedroom costs the most in Andorra? Going from 4 bedrooms to 5 adds €1,190,000 to the median asking price — more than any other step on the ladder. What would make this wrong: A 5-bed house is not a 4-bed house with a room added — it is usually a bigger plot in a different place. This is the price of a different kind of home, not the price of a bedroom. See what this is built from What things cost Where does a square metre cost most in Andorra? Escaldes-Engordany asks €8,384 per m²; La Massana asks €5,950. The same 100 m² flat differs by €243,400 depending only on where it stands. What would make this wrong: Only the listings whose agent published a floor area are in this, and agents measure differently. Condition and outside space are not in it at all. See what this is built from The market How concentrated is Andorra's market? Three agents hold 86% of everything advertised — 301, 254, 86 listings out of 747. 7 agents share the rest. What would make this wrong: It counts adverts, not sales. An agency that lists everything it is asked to and one that sells everything it lists look identical here. See what this is built from The market Do agents agree on what a house is worth? 1 property is marketed by more than one agent here. Both figures are published as given. See what this is built from Supply What is the cheap end of Andorra actually like? Only 37 of 565 homes for sale — 6.5% — ask €350,000 or less. The bottom of this market is thinner than most people expect. What would make this wrong: Cheap homes sell fastest, so at any moment the bottom of the market is under-represented on any listings site, including this one. See what this is built from Renting out Where does renting out pay best in Andorra? Encamp shows the widest gap between rents and prices at 5.1% gross, against 3.3% island-wide. See what this is built from This week What has moved in Andorra this week? 704 listings appeared, 4 had their price cut and 6 went up. We read every agent's site overnight, so this is the week as it happened. See what this is built from

The island most like this one

On asking price and market size, Guernsey is Andorra's closest match anywhere on this site — a median of £745,000 (£745,000) against €860,000 (£736,743), across 1,147 listings against 747. Put them side by side

What the same money buys elsewhere

The median Andorra asking price, converted, against other islands' medians.

IslandTheir medianWhat Andorra money buys
SamoaWS$250,00010.8 homes at their median
Dominica$204,5984.9 homes at their median
Belize$235,0004.3 homes at their median
BahrainBD 90,0004.2 homes at their median

Converted at the previous day's reference rates. It compares medians, not like-for-like houses — an island of flats will always look cheap against an island of villas.

The questions people actually ask The market report