Real Estate Market Report 1H 2023 - LF

Lucas Fox Spanish Real Estate Market Report / First half 2023 / La Cerdanya & Andorra

BUYER PROFILE

H1 2023, Source: Lucas Fox data

PURCHASE REASON AND PROPERTY TYPE

AGREED PRICE

La Cerdanya

Av. price 315,000

Av. discount

Av. price Y-O-Y

La Cerdanya Andorra ski Andorra urban

-4%

-49%

SECOND HOME INVESTMENT UNKNOWN

33% 33% 33% 33% 33% 33%

2,325,000

-6%

-38%

HOUSE/VILLA APARTMENT/PENTHOUSE PLOT

751,333

-1%

-37%

Created sales contracts, average agreed price, average difference between asking and closing price, and annualised change in average agred price.

Andorra ski

PRIMARY RESIDENCE UNKNOWN

50% 50%

BUYER PROVENANCE

HOUSE/VILLA

100%

Andorra urban

PRIMARY RESIDENCE INVESMENT

50% 50% 67% 33%

APARTMENT/PENTHOUSE OTHER

EU LATIN AMERICA

81.8% 18.2%

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