Luxury real estate: buy properties in Andorra

Though tiny in size, the European province of Andorra has an economy many countries lust after, based on a thriving tourist industry linked to the duty-free status it enjoys, along with the excellent ski-ing resorts. Combined with its reputation as a tax haven, it is hardly surprising that Andorra has a vibrant property market for both sales and rentals. The capital, Andorra la Vella, is a popular ski resort, however is also the commercial centre of the country, and home to most of the banks that operate here. As a result, there are a number of luxury properties in the area, both for sale and to rent. The second largest city in the country is Escaldes-Engordany, which is a large parish made up of a collection of villages. Tourism again is the main stay of the local economy, meaning there is an active rental market of apartments and villas to cater for the large number of visitors that arrive every year

4 LUXURY PROPERTIES for sale IN Andorra