{"id":5451,"date":"2022-05-20T09:48:19","date_gmt":"2022-05-20T07:48:19","guid":{"rendered":"https:\/\/www.augelegalfiscal.com\/the-big-unbalance-between-sales-and-rentals-remains-within-the-andorran-real-estate-market-in-2022\/"},"modified":"2024-02-22T11:56:28","modified_gmt":"2024-02-22T10:56:28","slug":"the-big-unbalance-between-sales-and-rentals-remains-within-the-andorran-real-estate-market-in-2022","status":"publish","type":"post","link":"https:\/\/www.augelegalfiscal.com\/en\/the-big-unbalance-between-sales-and-rentals-remains-within-the-andorran-real-estate-market-in-2022\/","title":{"rendered":"The big unbalance between sales and rentals remains within the andorran real estate market in 2022"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5451\" class=\"elementor elementor-5451 elementor-5434\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3f506dca elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3f506dca\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c3dbf9c\" data-id=\"c3dbf9c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-131ffb3c elementor-widget elementor-widget-heading\" data-id=\"131ffb3c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #8f2b2f;color:#8f2b2f\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #8f2b2f;color:#8f2b2f\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.augelegalfiscal.com\/en\/the-big-unbalance-between-sales-and-rentals-remains-within-the-andorran-real-estate-market-in-2022\/#The_big_unbalance_between_sales_and_rentals_remains_within_the_andorran_real_estate_market_in_2022\" >The big unbalance between sales and rentals remains within the andorran real estate market in 2022<\/a><\/li><\/ul><\/nav><\/div>\n<h1 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"The_big_unbalance_between_sales_and_rentals_remains_within_the_andorran_real_estate_market_in_2022\"><\/span>The big unbalance between sales and rentals remains within the andorran real estate market in 2022<span class=\"ez-toc-section-end\"><\/span><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4458d1bb elementor-widget elementor-widget-text-editor\" data-id=\"4458d1bb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The Andorran real estate market persists with a big unbalance between sales and rentals.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the one hand, the purchase of apartments maintains its upwards tendency with a very high level of sales, specially in the sector of high standing, despite the increase of the cost of raw materials that at first seemed to potentially tense the market. However, for the time being this upward tendency has not ceased and the data on sales are not only better than last year but are actually the best of the decade. The consistent arrival in the Principality of new investors and residents with high purchase power maintains a high level of sales and for this reason the vast offer of new apartments is fundamental for the market. Against this background, the offer of \u201csecond hand\u201d apartments is very low due to the big amount of transactions that took place these last years. The few available units are at a high over cost <\/span><i><span style=\"font-weight: 400;\">vis \u00e0 vis <\/span><\/i><span style=\"font-weight: 400;\">the new constructions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other hand, the situation of the rental market is different and during the past years it has gotten more complicated. From a practical stand point, the entirety of apartments that are on the market are for sale and there are basically no apartments to rent. In addition, the prices are following a upward tendency, especially in the central Parishes. The few properties that are put on the market often present a price-quality ratio that is difficultly understandable. The real estate portals are a faithful indicator of this reality and the options of purchase represent a 67 to 1 ration vis \u00e0 vis the rentals.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With respect to the touristic rentals, this sector has been impacted these last two years, due to the lack of tourism stemming from the Coronavirus pandemic, but it is now recuperating dynamism and is a very interesting option for investors. The result is that residential rentals and seasonal rentals lose units on the market and the owners prefer the touristic rental modality because this form of rental is not limited by the \u201cfreezing\u201d of rent that took place during three consecutive years. <\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13ef5dea elementor-widget elementor-widget-text-editor\" data-id=\"13ef5dea\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>The Management<\/b><\/p>\n<p><span style=\"color: #a22d58;\">Aug\u00e9 Legal &amp; Fiscal<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-61bef32f elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"61bef32f\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The Andorran real estate market persists with a big unbalance between sales and rentals.\u00a0 On the one hand, the purchase of apartments maintains its upwards tendency with a very high level of sales, specially in the sector of high standing, despite the increase of the cost of raw materials that at first seemed to potentially [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5442,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[100],"tags":[],"class_list":["post-5451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/posts\/5451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/comments?post=5451"}],"version-history":[{"count":1,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/posts\/5451\/revisions"}],"predecessor-version":[{"id":5452,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/posts\/5451\/revisions\/5452"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/media\/5442"}],"wp:attachment":[{"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/media?parent=5451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/categories?post=5451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/tags?post=5451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}