Location: Encamp | Type: Residential Building — Exclusive Investment Opportunity

Units: 18 residential apartments + 1 commercial unit + 32 storage units

Total built area: approx. 1,410 m² | Usable area: approx. 1,130 m²

Located in Encamp, one of Andorra’s most strategic and fast-growing areas, this exclusive R1 Collection asset represents a rare opportunity to acquire a fully operational residential building with immediate rental income and strong upside potential.

Ideally positioned just minutes from Grandvalira (Funicamp access) and a short drive to Andorra la Vella, the property benefits from a highly sought-after rental environment, combining accessibility, lifestyle and long-term value growth.

The building has undergone a complete technical renovation between 2015 and 2024, offering a modern, efficient and low-maintenance investment product, perfectly aligned with current market demand.

Layout

• Residential building distributed over multiple floors
• 18 residential units:
 – 15 apartments
 – 2 penthouses with private terraces
 – 1 studio with private garden
• 1 commercial unit (140 m², street level)
• 32 storage units generating stable income
• Technical areas and common spaces

All units are delivered fully furnished and equipped, offering a turnkey investment ready for immediate operation under current market standards.

Key Features

• Estimated annual income (market level): €315,300
• Gross yield reference: ~5%
• All leases are flexible — immediate rental uplift potential
• Fully renovated asset (electricity, plumbing, windows, elevator, fiber optic)
• Commercial unit with instant rental reversion potential
• Strong and stable income from storage units
• Located in a high-demand rental market with limited supply
• Excellent connectivity and proximity to ski resorts and capital

Investment Highlights

This property stands out as a secure, income-generating asset in one of Europe’s most attractive micro-markets.

Andorra offers:
• Political and fiscal stability
• Growing international demand
• Limited residential supply
• Consistent upward pressure on rental values

All these factors position this asset as a prime real estate investment in Andorra, ideal for investors seeking both yield and capital appreciation.

Price: €6,300,000