New Airport Boost For Andorra

| Total Words: 691

Once a poor European country with no real economy, Andorra has been transformed in the past forty years to a vibrant independent State, sought after by the wealthy for her tax haven status, and skiers for her ski runs that match the best in Europe for facilities and ski holidays infrastructure.

The one drawback that Andorra has had is the distance from a major airport, two and a half hours drive to Barcelona in Spain or Toulouse in France, with some ski holidays starting with a night in one of the hotels in Barcelona before setting off for Andorra.

But that is set to change with agreement for an aiport to be built just fifteen minutes drive from the Spanish / Andorra border.

As well as the extra ski tourists the new airport will impact Andorra as a tax haven. Andorra and the more famous Monaco are Europe’s leading tax havens, with residents enjoying the benefit of no income tax. Property prices in Andorra are less than a third of the price of Monaco’s.

Commenting on the new airport, Andorra estate agents who specialise in Andorra property for sale thinks that the prices of Andorra properties will rise.

‘At the moment Monaco...

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