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Sunday, May 19, 2024

The price of housing, 50% more expensive than in 2019

Andorra la VellaThe Spanish portal Idealista has made public that the average price of a house for sale in Andorra was 4,582 euros/m² in January, 14.4% more expensive than in the same month of 2023 (4,005 euros), setting a record high historical The price has almost increased by 50% since 2019, with the outbreak of the coronavirus pandemic. Specifically, in January 2019 the average house price in Andorra was 3,112 euros/m². In other words, until January 2024 there has been a rise of 47.2%. In the last year, the average increase in the seven parishes has been 14.4%.

In Escaldes, the average house price has risen to 5,689 euros/m². This jump represents not only an increase in the last year of 20.1%, but also stands out for being the area with the largest cumulative increase since 2019, with 52.6%. The lowest price corresponds to Sant Julià de Lòria with 3,694 euros per square meter.

(caption id=”attachment_156513″ align=”alignnone” width=”939″) Table of the evolution of house prices in Andorra.(/caption)

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