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Apres-Ski
by Roger Munns
European tax haven Andorra
enjoys the same fiscal benefits as better known Monaco, adding to property
demand from those looking for residency in a tax shelter as well as traditional
ski chalet buyers who flock to the country between December and April each
year.
With the end of the ski season
last month many ski resorts in Europe have closed up shop until early December
with overseas property owners having little prospect of rental income in
the summer months.
 But
tiny Andorra, nestled between France and Spain in the Pyrenees and the
sixteenth smallest country in the world, is increasingly attracting out
of season tourists and property owners are seeing a rise in overall occupancy
levels and return on their investment.
Cycling, pony trekking, and
hillwalking are some of the pursuits attracting tourists and potential
property owners heading for the mountains outside of Andorra's ski season.
Andorra's capital la Vella is full of duty free shops, restaurants, clubs
and bars. Coupled with the mountain scenery and lakes Andorra has seen
a rise in the number of out of season tourists in recent years, and the
letting season extend from just the winter months to include the spring
and summer.
For a country with a population
of 77,000 Andorra attracted a surprising 9 million tourists last year,
and with more visitors in the summer months predictions are that this will
rise to ten million this year.
Ryanair and easyJet are two
of the low cost carriers flying to Barcelona and Girona airports, the onward
journey time to Andorra's capital la Vella is two and a half hours by coach
or car.
Andorra Property News at
http://www.propertyandorra.com
offer a free 28 page guide covering banking, applying for residency and
the towns and villages of Andorra to those considering moving there plus
details of apartments and chalets for sale, with prices starting from 157,000
Euros for a furnished one bedroom apartment in Els Cortals ten minutes
from the ski slopes.
About the Author
Realtor for Andorra, details
of Andorra real estate can be found at http://www.propertyandorra.com |
