Andorran Youth Fear Long-Term Mortgages in Tight Housing Market
Young Andorrans are increasingly anxious about lifelong property commitments and couple-based agreements amid high costs and financing barriers,.
Key Points
- Young Andorrans fear long-term mortgage obligations and couple commitments.
- AGIA president Gerard Casellas shares insights from conversations with youth.
- High property costs and financing hurdles deter young buyers.
- AGIA advocates for measures to improve housing access.
Gerard Casellas, president of the Andorran Association of Young Property Owners and Buyers (AGIA), has highlighted growing fears among young people about committing to property purchases amid the country's tight housing market.
In recent comments, Casellas shared insights from conversations with young Andorrans, who expressed anxiety over long-term mortgage obligations. He noted that the prospect of being "tied down for such an extended period," combined with the need to enter agreements as couples, instills significant apprehension.
Casellas emphasised the lifelong nature of buying a home in Andorra, whether with or without a guarantor. "I've spoken with young people and they say that being so tied down for so long, and moreover having to enter into it as a couple, scares them a lot," he said.
The remarks, published on 7 February 2026, underscore persistent challenges in Andorra's property sector, where high costs and financing hurdles deter younger buyers from entering the market. AGIA has advocated for measures to ease access, though no immediate policy changes were mentioned.
Original Sources
This article was aggregated from the following Catalan-language sources: