Episode Details

Andorra’s real estate market is cooling fast—Q2 2026 saw a 35% plunge in deals, with apartments, houses, and buildings all down nearly 30%. Even land and parking sales dropped sharply. Only commercial spaces edged up slightly. Total transaction value fell 17% to €280 million, with apartments accounting for most spending—but prices barely rose 0.2%, while combined residential prices climbed just 2.6%. Residents still dominate buyers (77%), but their purchases dropped 20%. Non-resident and resident-company buying collapsed by over 46%. Prices are inching up, but growth is slowing dramatically.

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