The average value of mortgages granted for residential use in the first six months of 2026 has been 451,875 euros, which represents an increase of 10.7% compared to the first half of 2025. Meanwhile, the total amount has been 217.8 million and has increased by 25% compared to the first half of the previous year. The massana has concentrated a quarter of the global value of operations and presents an increase of 80% compared to the first six months of 2025, while Encamp concentrates the highest number of mortgages, with 111 operations, followed by the Massana, with 97, and ofAndorra la Vellawith 90. In interannual terms, the country’s capital has been the parish with the greatest increase, of 55.2%, according to data fromStatistics.
In relation to the operations granted for other uses, which include hotels, premises, developments and land, the absolute variation has been in new mortgages compared to the first half of 2025, with a year-on-year increase of 13.3% and a reduction of 12.1% compared to the previous half. The value was 104.3 million euros in the first half of 2026. The parishes ofAndorra la Vellawith 29.9 million euros, andEncampwith 27.3 million euros.
533 mortgages have been granted in the first six months of the year
And regarding the total number of new mortgages granted to the principality during the first half of the year, 533 were registered compared to the 471 granted in the same period of 2025 (+13.2%). Compared to the previous semester, there is a decrease of 60 mortgages (-10.1%). And, for its part, the total value of the operations granted was 322 million euros, a figure that represents a reduction of 10.8% compared to the first semester of 2025 and 31.6% compared to the previous semester. The average amount of mortgages was 604,282 euros, 21.2% less than a year earlier.
The average age of the loan holders was 40.5 years
The average age of the loan holders – as natural persons – of the overall mortgages granted in the first half of 2026 was 40.5 years. Regarding the average interest rate paid during the analyzed period for mortgages in progress in the first half of 2026, it was 3.60%, with a drop of -4.7% compared to the previous half. Finally, the average monthly fee for residential use was 1,455 euros and the total average monthly fee paid was 2,346.
