Updated analysis of real estate prices in the Principality: data by parish, historical evolution and comparison with other markets.
The average price of an apartment in Andorra in 2026 is between €5,400 and €5,700/m² according to the most recent sources. An 80 m² apartment costs between 430,000 and 500,000 euros on average, with important differences depending on the parish: from €4,491/m² in Sant Julià de Lòria to more than €7,400/m² in Escaldes-Engordany.
Market Overview
The Andorran real estate market remains at historic highs in 2026. The average house price is around 5,700 euros per square meter according to the most recent data from Indomio (November 2025), with an increase of 17.5% compared to the previous year. Other sources such as RID Analytics point to a national average of €5,400/m², with new housing approaching €6,200/m².
To contextualize, the average price in Andorra already exceeds that of Barcelona, which is around €5,150/m² in 2026 according to Idealista. A small market that trades like a large European capital.
If you are considering whether it is a good time to buy, you can review the properties available in Versus Andorra and compare directly with what the market offers today.
Historical price evolution
Growth has been sustained and accelerated in recent years. In January 2024, the average price in Andorra was €4,407/m² according to Indomio. In November 2025, that same indicator marked €5,719/m², which represents an increase of 29% in less than two years.
If we broaden the horizon, from January 2019 (when the price was around €3,100/m²) until today, the market has accumulated a revaluation of more than 80% in seven years.
Behind this growth there are three recurring factors: sustained international demand, supply of buildable land structurally limited by geography, and a tax system that continues to attract professionals, entrepreneurs and high-net-worth individuals.
Prices by parish in 2026
The differences between parishes are very significant and can exceed 60% between the most expensive area and the cheapest.
Escaldes-Engordany It leads the market with average prices of €7,400/m² for finished housing and up to €8,500/m² for new construction according to RID Analytics. The report from the Association of Real Estate Agents of Andorra (AGIA) for the first half of 2025 places it at €6,935/m² for apartments, with average prices per unit exceeding €800,000. It is the parish with the greatest year-on-year revaluation in the Principality.
Andorra la Vella registers between €6,086/m² (Idealista, January 2026) and €6,671/m² (Indomio, November 2025) depending on the source, with the AGIA report for the first half of 2025 pointing to €6,018/m². The difference between sources reflects different calculation methodologies and property samples. The internal variations within the parish are notable:
- Center: up to €6,667/m²
- Santa Coloma: €4,900-5,000/m²
- La Margineda: €3,700-3,800/m²
Ordino It stands out as the most exclusive parish in the Principality. According to the AGIA report for the first half of 2025, the average price of apartments exceeds one million euros per unit, and single-family homes reach an average of 3.13 million euros. The transaction volume is small, which causes the data to vary significantly between operations. Due to the scarcity of public transactions in this parish, the price data per m² are not statistically representative.
La Massana It combines direct access to the Vallnord slopes with a family residential environment. The latest data available from Idealista (January 2024) placed it at €4,221/m². Given the general growth of the Andorran market since then (around 29% according to Indomio), the current range is estimated to be above €5,400/m², although there is no official figure published for 2026.
Canillo It is the parish most closely linked to skiing, with areas such as Soldeu and El Tarter directly connected to Grandvalira. The latest data from Idealista (January 2024) recorded it at around €4,100/m². Following the general market trend, the current range is estimated to be above €5,200/m², especially in areas close to the slopes. There is no specific data published for 2026.
Encamp It is historically the parish with the highest accumulated percentage growth: 53.3% since 2019 according to Idealista. The latest data from Hogaria.net (December 2025) for second-hand housing places it at €3,694/m², although this source works with an offer price sample that tends to be conservative. Indomio recorded it at around €4,090/m² in January 2024. The trend is clearly upward, driven by access to Grandvalira via cable car and its more accessible prices than those in the capital.
Sant Julia de Lòria It is the most accessible parish in the Principality. Indomio registers it as the lowest price in November 2025, with an average of €4,491/m². It shares a border with Spain and offers the best price-service ratio in Andorra for those who prioritize access to the market.
| Parish | Latest data available | Source and date |
|---|---|---|
| Escaldes-Engordany | 6,935 – 7,400+ €/m² | AGIA 1H 2025 / RID Analytics 2025 |
| Andorra la Vella | €6,086 – €6,671/m² | Idealista Jan 2026 / Indomio Nov 2025 |
| Ordino | No data per representative m²* | AGIA 1S 2025 |
| La Massana | ~€4,221/m² (upward trend) | Idealist January 2024 |
| Canillo | ~€4,100/m² (upward trend) | Idealist January 2024 |
| Encamp | ~3,694 – 4,090 €/m² | Hogaria Dec 2025 / Indomio Jan 2024 |
| Sant Julia de Lòria | ~€4,491/m² | Indomio November 2025 |
| Country average | ~5,400-5,700 €/m² | RID Analytics / Indomio Nov 2025 |
Ordino has a very small market with few transactions. The average price per unit exceeds one million euros, making it the most exclusive segment in the country.
What factors move the price of a flat?
Beyond the parish, there are variables that can change the final price quite a bit:
Age of the building. New construction or completely renovated buildings reach higher prices than buildings without updating. In Escaldes, the difference between finished housing and new construction already exceeds 15%.
Quality of finishes. Premium materials, home automation, certified energy efficiency and contemporary design justify higher prices.
Plan and views. Apartments on high floors with views of the mountains are valued above ground floors or with interior views.
Orientation. The south or southwest orientation is especially valued in a mountain climate.
Extras. Parking space, storage room, terrace or private garden increase the value significantly in all parishes.
If you want to understand well how the purchasing process works step by step, our purchasing service includes advice from search to signing.
Comparison with neighboring markets
Andorra already surpasses Barcelona in average price per square meter, something that did not happen five years ago.
| City/Zone | Average price (€/m²) | Source and date |
|---|---|---|
| Escaldes-Engordany | 7,400+ | RID Analytics 2025 |
| Andorra la Vella | 6,086 – 6,671 | Idealista Jan 2026 / Indomio Nov 2025 |
| Barcelona | ~5,150 | Idealista / Inmohogaris Feb 2026 |
| Andorra (half country) | ~5,400-5,700 | RID Analytics / Indomio Nov 2025 |
| Madrid | ~4,600-5,000 | Market reference 2026 |
This crossing reflects a structural change: Andorra is no longer a cheaper alternative to large cities. It is a market that is listed at the European capital level, with the advantage of the environment and taxation.
Rental market: price per m²
The rental market has also risen strongly. According to Indomio, the national average in November 2025 was 23.43 euros/m²/month, with an increase of 12.7% compared to the previous year. The AGIA report for the first half of 2025 recorded an average rental price of €25.1/m²/month, with the average price for a complete home approaching 3,000 euros per month.
By area, Escaldes-Engordany also leads in rentals with €25.05/m²/month according to Indomio. Andorra la Vella is around €24.18/m²/month. La Massana stands out above the average, with average rents of 3,565 euros per month per complete home according to AGIA.
What is happening with prices in 2026?
The market maintains the upward pressure with which it closed 2025, although there are signs of moderation. The factors that support prices are:
- Sustained demand from international buyers, mainly from Spain, France and Latin America
- Supply of buildable land structurally limited by the geography of the Principality
- Tax attractiveness that continues to attract professionals, businessmen and retirees
Factors that could moderate the pace of growth include the Omnibus Law of 2025, which introduces restrictions on foreign investment, and the negotiation process of the Association Agreement with the EU, the regulatory impact of which is still uncertain.
If you have questions about how current regulations affect you, you can consult us directly.
Conclusion
Buying an apartment in Andorra in 2026 has a real cost that is already measured in the same parameters as Barcelona or the major European capitals. The difference between parishes is still important: Escaldes and Andorra la Vella concentrate the highest prices, while Sant Julià de Lòria offers the most accessible entry point to the Principality.
For specific decisions, market data is a starting point, but the specific situation of each property can vary greatly. At Versus Andorra we work with real data and knowledge of the local market.
Frequently asked questions
How much does a flat in Andorra cost in 2026?
The average price is between €5,400 and €5,700/m² according to the most recent sources (RID Analytics and Indomio, November 2025). An 80 m² apartment costs between 430,000 and 500,000 euros on average, with important differences depending on the parish.
What is the most expensive area of Andorra to buy?
Escaldes-Engordany leads the market with average prices of €7,400/m² for finished housing and up to €8,500/m² for new construction according to RID Analytics. The average price per unit exceeds 800,000 euros.
Where are the cheapest apartments in Andorra?
Sant Julià de Lòria is the most accessible parish, with an average of around €4,491/m² according to Indomio (November 2025). It is the most economical option in the Principality without losing access to basic services.
Are real estate prices in Andorra going to continue rising?
The market maintains upward pressure but with signs of moderation. International demand remains strong and land supply is structurally limited. The Omnibus Law of 2025 and the negotiations with the EU are the factors that could partially cool the rate of increase.
How much does rent cost per square meter in Andorra?
The national rental average is around €23.43/m²/month according to Indomio (November 2025), and €25.1/m²/month according to the AGIA report for the first half of 2025. The average price for a complete home is close to 3,000 euros per month.
Is it worth buying in Andorra compared to other European cities?
In terms of price, Andorra already exceeds the Barcelona average (around €5,150/m² in 2026). The difference is in the low taxes, security and quality of life of the Principality, factors that for many buyers justify the price.
Last updated: 1 April 2026
Did you find this article useful?
Share it with others who might be interested
