| As a non resident you need to apply for a soliicitud | | | | outlawed by the Andorran government. |
| from the Andorran Government, this document in | | | | It is possible in the near future that the Andorran |
| Catalan requests permission for you to purchase the | | | | Government will relax the law of only allowing of a non |
| property in question; this is granted automatically to | | | | - resident to own only one property. At this time if a |
| persons fulfilling these conditions | | | | second property is sought then it must be registered in |
| 1 Property purchasers must be 18 years and over | | | | another family name (not a spouse) or in the name of |
| 2 Must have a current passport or National Identity | | | | an Andorran company. |
| Papers | | | | COSTS |
| 3 Does not hold a title deed to another Andorran | | | | Typical costs for property purchase of an apartment |
| property | | | | 100sq metres priced at € 300000 |
| 4 The property that is to be purchased, if an old one, | | | | Government purchase tax 3750 |
| had at the time of construction been authorised by the | | | | Government AfA purchase tax 3750 |
| government to be constructed, and complied with the | | | | Notary Fee 1500 |
| building regulations in force at that time. It goes to say | | | | Government Suplien 190 |
| that any new property must comply with the building | | | | Electricity connection 117 |
| regulations in force at this time. | | | | Telephone connection 36 |
| Once you have made the decision to purchase a | | | | Community Fund 600 |
| property in Andorra you will required to make a | | | | Total 9943 |
| deposit of 10 given to the seller this is a non refundable | | | | MORTGAGES |
| deposit should the purchaser withdraw on | | | | Mortgages are available for property purchase in |
| unreasonable grounds. | | | | Andorra, banks will lend up to 60 over 15 years |
| Normally within 6 weeks the purchase contract is | | | | These guidelines are meant for guidance only and |
| signed in front of the notary, the balance of the money | | | | describe a straightforward purchase scenarios. |
| is paid, and the title deed issued. | | | | However this information is not meant to replace |
| BEWARE if you are offered a property for sale by | | | | proper legal advice, which we always insist you take. |
| someone offering a PROMESA IRREVOCABLEDE | | | | John Everitt is a consultant to Globespan European |
| COMPRA-VENDA (an irrevocable private contract of | | | | property portal. |
| sale) this practise of selling property has been | | | | |