Andorra is a small country which has always been considered the shopping mecca as well as a winter sports paradise. It holds some of the best skiing resorts internationally with skiing resorts placed within the best internationally such as Grandvalira or Vall Nord.
Retail is getting triggered in Andorra and we need to be ready to invest
In the last couple of years most luxury, fashion and consumer good brands have decided to open stores in Andorra´s main streets. The main reason why is that there is a very important demand all year round. We can establish that retail is getting activated in Andorra and that we need to watch out for investment opportunities.
As of right now Andorra has more than 1500 stores and good shopping centers. Within them we must highlight the L’illa Carlemany shopping center. The country has a large shopping promenade of 10 linear km.
The stores have excellent facades and their design is similar to the one we could find in New York, Las Vegas, Shanghai, Paris or London.
Within the last brands to have established themselves in Andorra we find Salomon store in the Carlemany shopping center. As well as a LIU JO store which opened in December. FNAC opens its first store outside Spain in Andorra, locating it in Pyrenees shopping center, with in Andorra’s city center. It has a commercial surface of 1300 sqm and it has almost 25 employees.
From Cat Real Estate we consider that it is the perfect moment to open new locations in Andorra. In fact we are already advising several retail companies as well as restoration groups for their implementation in the country.
As real estate investors we are ready to activate our portfolios. Due to this activation in Andorra we are already analyzing the market to invest. Get in contact with us and we will explain how to do it.
If you liked, thanks for share it!
ARTICLE WRITTEN BY CAT REAL ESTATE
The Cat Real Estate group together with Yarrels Property has transformed an old bank headquarters into 8 floors with a certificate of ability.
Strong recovery in the tourism sector of Barcelona
The real estate group Cat Real Estate has this #proptech startup that has become the fourth in the group.
Barcelona has become one of the main European cities to invest in technology companies.
In order to have a more direct communication with our customers and suppliers, we have activated a new communication channel: the company WhatsApp of http://www.catrealestate.com
On the phone 695 93 06 74 we will give an immediate response and without waiting to the problems of our tenants.
The Cat Real Estate group has established itself as a benchmark in the management of real estate assets in Barcelona with more than €750 million in asset management.