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    Home EUROPE Andorra

    Housing cooperative: third attempt to resurrect the flats building at regulated prices in Terra Vella, in Andorra la Vella

    The Analyst by The Analyst
    November 12, 2026
    in Andorra
    Housing cooperative: third attempt to resurrect the flats building at regulated prices in Terra Vella, in Andorra la Vella


    The third is the winner. This, at least, is what he believes Consul Major, Sergi Gonzálezin relation to the apartment building a affordable price of Terra Vella. What has been the tear-jerker of the project? As the president explained to the program yesterday Let’s talk about it, from Diari TVthe interest of one of the two associations that promote the cooperative housing model – he did not want to reveal which one – has been key to reactivating the initiative.

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    The property includes 42 flats “designed for families”, a public square, a communal premises and warehouse, and a car park. “We see the project very well and now we have to take the necessary steps to set it up the first housing cooperative in Andorra. We are looking for many formulas so that it can go ahead”, remarked the consul.

    “(…) Now we have to take the necessary steps to set up the first housing cooperative”
    Sergi González, Consul Major

    Before saying wheat, however, it will have to be in the sack and well tied, and that means having the funding needed for the project. The common will put, apart from the land, between one and a half million and two and a half million, and the advice of the technicians in urban planning and architecture of the house. “If we need to endorse, we will do it. But here I think the banking sector must step forward and help us. All the actors involved must row in the same direction”, pointed out the consul.

    “But here I think the banking sector must take a step forward and help us”
    Sergi González, Consul Major

    The project of affordable flats in Terra Vella it has been marked by setbacks since the beginning. The initiative was presented to the media on October 22, 2024. The competition to find a private partner to undertake the work had to be declared abandoned because the only company interested it did not meet the requirements of the terms of reference.


    DAILY TV

    A la carte

    Interview with Sergi González

    Before the project starts, financing must be secured

    On December 31, more than a year after the project was announced, the competition was called again through a negotiated procedure. However, just a month ago this publication already revealed that the project was derailed because the only company interested had been unable to treach an agreement with the banks for financing. “The next day I wanted to convene an extraordinary council of commons to approve the concession and, unfortunately, I received a call telling me that the banking entity did not grant them the financing conditions that we had agreed”, admitted the consul.

    Revive

    On the other hand, Gonzalez announced that the common is close to reaching an agreement with the owners of two disused buildings interested in joining the Reviu program. Driven by the Ministry of Housing of the corporation, the Reviu finances the rehabilitation of properties in exchange for putting them on the market at a regulated price. If they add up to the 18 floors it will have The Home of Andorra la Vellathe parking building with services for the elderly, located in the old Jaume I hotel and currently in the process of rehabilitation, and those of the Terra Vella buildingat the end of the mandate this corporation will have laid the foundations for the capital to have a hundred affordable rental flats promoted by the parish administration in the coming years.

    Gonzalez positively values ​​the fruits that have begun to bear Reviveespecially if he takes into account that “it has been difficult for the private sector to understand the philosophy of the program”.



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