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