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Andorran MP Baró Questions Government on 55% Surge in Foreign Property Investments

Socialdemòcrata Pere Baró criticizes the government for inaction on soaring foreign property buys pushing residents out, vowing to challenge Housing Minister Marsol in the General Council.

Key Points

  • Pere Baró announces oral question to General Council on 55% rise in foreign property investments and 35.5% value increase in 2025.
  • Criticizes Demòcrates policies as insufficient against speculative buying, accuses government of obscuring data with 2026 projections.
  • Proposes banning initial foreign investments in property; plans to grill Housing Minister Conxita Marsol on new measures.
  • Defends Socialdemòcrates' ideas like soft credits, investment restrictions, and higher taxes amid housing crisis.

Socialdemòcrata Pere Baró has announced an oral question to the next General Council session on the rise in foreign investment in Andorran property during 2025. Speaking on Monday, Baró voiced concern over data showing a 55% increase in the number of such investments and a 35.5% rise in their economic value. He accused the government of trying to obscure the figures with unconfirmed 2026 projections and charged Demòcrates-led policies with lacking boldness.

Baró criticised current measures as insufficient to curb foreign speculative investment in housing. He reiterated proposals from his party, including a ban on directing initial foreign investments towards property, which Demòcrates previously rejected in committee. "They cannot claim we lack proposals; their model simply differs from ours," Baró said, contrasting liberal approaches with a focus on citizens' needs.

He plans to press Housing Minister Conxita Marsol directly on new initiatives to stem foreign property investment and whether the executive genuinely intends to act. Baró described the government's stance as one of constant immobilism amid what he called one of Andorra's worst social crises, with residents feeling pushed out of their country.

The remarks respond to Marsol's recent statements accusing the opposition of failing to offer housing proposals. Baró defended the Socialdemòcrates' parliamentary record, citing initiatives like a new soft credit system and restrictions on foreign investment. He also accused the executive of political populism for rejecting PS ideas such as higher taxes on such investments and stricter requirements for non-repayable funds.

This intervention comes amid broader tensions over housing access, with opposition parties highlighting the issue's urgency. Authorities have not detailed full 2025 investment breakdowns beyond the cited percentages.

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