Andorra Receives Two Proposals for Tourist Properties in Affordable Housing Program

The Andorran government has received two proposals under its new call for leasing properties to expand the public affordable rental housing stock, with both submissions arriving before the deadline closed yesterday at 2:30pm.

The bids target entire buildings, including multi-family residential blocks and tourist-use properties such as aparthotels and tourist apartments. To qualify, properties must be located in Andorra, free of liens or occupants, and able to secure habitability certificates. The initiative prioritizes existing or near-complete structures requiring minimal refurbishment, excluding those needing major works unless owners agree to a rent-free grace period to offset public adaptation costs.

Officials will now conduct a detailed analysis to determine admissibility. Qualifying proposals will undergo independent appraisals, after which owners submit initial rent offers capped at the appraised maximum value. Contracts must last at least 30 years, with negotiations covering pricing—referenced against local public affordable rates—durations, and any necessary transition periods. Final offers will face evaluation before adjudication.

Approved properties will be scored on multiple criteria: rent discounts against appraisal values (up to 60 points, with 10%+ reductions earning the maximum), refurbishment needs (15 points for none, dropping to 2.5 for over €12,000 per unit), energy efficiency (up to 5 points), and location (up to 20 points near the urban core). Offers exceeding appraisals will be disqualified.

The programme complements other efforts like new constructions and purchases, allowing faster integration into the housing market. Housing Minister Conxita Marsol, who leads Presidency, Economy, Work and Housing, has emphasized using all available channels to increase supply. For 2026, €189,800 has been allocated for rents, with future years budgeted based on agreed terms.