Buying property in Andorra as an investment second home or for relocation.Our specialist mortgage brokers specialise in obtaining the best mortgage products in Andorra, receive free advice , mortgage finance available in your own country.

Eligibility for a mortgages in Andorra

Buyers requiring mortgage finance for Property in Andorra can obtain an Andorran mortgage quote. Our qualified brokers will give mortgage advice concerning the best way to fund overseas property purchases. Including remortgages in your own country . Overseas mortgages available for properties in locations world wide

Mortgages in Andorra

Max 70% LTV

Term 5-30 years
Minimum loan €30,000
Euros only
Repayment & Interest Only
Max age 70
Rates from approx 5.00%

*LTV = Loan to Value

The percentage relationship between the amount of the loan and the appraised value or sales price (whichever is lower).

Andorra mortgage quote here!

Are you a serious buyer looking to purchase property in Andorra and are ready to move forward with your purchase? if so we can provide you with an Andorran mortgage quote

Mortgages available in Andorra

Andorran mortgages need to be supported by a minimum requirement of proof of income, i.e. if employed – copies of your last six month’s payslip's& copies of your latest two P60’s together with copies of your last 6 month’s Personal Bank Statements. Alternatively if you are self-employed – copies of your last three years Audited Accounts & copies of both your last 12 month’s Business and last 6 month’s Personal Bank Statements will be required on application.

Lending is based on affordability and does NOT allow for rental income from the property. All existing liabilities including any mortgage/rent payments, personal and bank loans and any maintenance (ie. Divorce) payments together with your proposed Andorran payments must not exceed 40% of your net monthly income.

Types of Mortgage Repayment and Interest only

Minimum: €30,000 loan amount - No Maximum, but must not exceed 70% of valuation or purchase price (whichever is the lower)

Proof of Income: required in all cases (can be made up of Earned Income, Pension, Investment or Rental Income. Please note however, it is not always the case that the Lender will take all or part of these Incomes into account when determining the maximum loan available). Non-Status loans are currently not available.

Term: 5 to 30 years up to age 70

Currency: Euros only

Current Variable Interest Rate: from approx 1.25% above EURIBOR on a Variable Rate basis

Example for Euro Andorran Mortgage: Repayment mortgage of approx €100,000 over a period of 25 years at an interest rate of approx. 5.05% = approx €588 capital and interest per month = a total approximate amount payable over the term of €176,400 excluding other fees.

Andorra quick facts

Full Name: Principality of Andorra
Capital City: Andorra la Vella
Area: 468 sq km , 181 sq miles
Population: 67,800
Time Zone: GMT/UTC +1 ()
Languages: Catalan (official) Spanish; Castilian (other) French (other)
Religion: Roman Catholic
Currency: Euro (€)
Electricity: 125 or 220V both at 50HzHz

Remortgaging in your own country?

Overseas property buyers have a number of options available to them depending upon personal circumstances these include:

Raising finance at home

Cash purchase

Using local overseas mortgage lender

Securing an overseas mortgage with an international mortgage provider

Use local financing from a developer

Our Mortgage Brokers will help you with expert advice.

Andorran mortgage quote