Page 91 - Economic report 2020
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least 6,238 empty apartments in the country in 2021, almost 15% of the total number of properties.
                     The reasons for this “underutilised” housing are varied (second or third homes, apartments for sale,
                     inheritances and other circumstances), as demonstrated by the low revenue from the tax on empty
                     housing in 2022, only €5,037, the lowest from all existing taxes. This tax is charged on housing that
                     has been unoccupied without justification for at least two years.

                     As for public policies adopted to favour access
                     to  home  ownership,  the  Government  has   GOVERNMENT PUBLIC WORKS. SETTLED
                     approved a programme of public guarantees   PUBLIC INVESTMENT* BY PROGRAMMES           Table  11.2
                     for  purchasing  an  apartment  for  the  first   (categories)
                     time  and  for  use  as  the  habitual  residence.
                     The  requirements  to  access  this  guarantee   Description         2021      2022
                     programme, for up to 20% of the value of the   Administrative infrastructure  1,040,175 €  2,620,323 €
                     mortgage, are, among others, a minimum period   Judicial infrastructure  86,307 €                  -
                     of seven years residence in the country; going   Mountain huts             -   349,567 €
                     to  live  in  the  property  within  twelve  months;   Infrastructure - Fire Station  -  -
                     that the value of the acquired housing and its   Prison building           -         -
                     annexes do not exceed €450,000; that the total   Health & social infrastructure  3,314,033 €  395,230 €
                     mortgage is no more than 35% of the income   School infrastructure  4,219,821 €  713,368 €
                     of  the  family  unit,  and  that  available  income   Sports infrastructure  359,708 €  118,920 €
                     after financial obligations is at least €2,000. The   Sanitation     79,293 €  285,113 €
                     programme has €10 million in funds and came   Natural Heritage management
                     into effect in mid-April 2023. Together with this   & conservation  145,604 €        -
                     programme of guarantees is another of grants   Cultural infrastructure  1,588,412 €  278,037 €
                     in  which  the  Government,  through  an  annual   Central government  487,912 €     -      89
                     payment, pays the beneficiary of the guarantee   Main roads, road infrastructure  4,515,156 €  7,352,775 €
                     a  part  of  the  financial  costs  (interest)  on  the   Secondary roads  -  1,187,518 €
                     formalised loan.                           Access to Andorra (RN20)        -  2,000,000 €
                                                                Other roads              231,469 €  457,601 €
                        Real investment by the Comú             Machinery and equipment         -   44,798 €
                     governments increases but that             Vehicles                        -   88,595 €
                           of the central government            Road maintenance        6,495,339 €       -

                               continues to decrease.           Natural risks. Protective   553,164 €  55,397 €
                                                                infrastructure
                                                                Sectoral plan. New road
                     As for the subsector of public works, 2022   infrastructure           6,875 €        -
                     continued the same trend as in the previous   River & stream treatment  179,979 €  779,534 €
                     year. On the one hand, the Comú governments   Cartography & topography  158,379 €  64,712 €
                     increased  their  investment  rate,  while  the   IT applications          -    1,186 €
                     central  Government  reduced  it  again  for  the   Mobilitat safety equipment  -  130,224 €
                     third consecutive year. The settled aggregate   Surfacing of main and secondary              Andorran economy: developments in the main sectors  |  XI.  Construction and related industries
                     real  investment  of  the  central  and  Comú   roads and streets          -  2,481,202 €
                     governments  (chapter  6  of  the  Budget)  is   Industrial infrastructure  264,554 €  827,441 €
                     €68.1 million, 7.1% more than in 2021 (€63.6   Strategic & transport projects  193,464 €  -
                     million). This is the second consecutive year of   National Housing Institute  -  162,870 €
                     increase, after the decline in 2020 due to the   Publicly-developed housing
                     pandemic, regaining the upward trend in public   (Borda Nova)              -  363,709 €
                     investment that had been seen since 2017.  Total                   23,919,644 €  20,758,119 €
                                                                     *Amount of settled public works relating to investment by the
                     In  relation  to  the  Government,  settled                        Ministry of Land and Housing.
                     investment (chapter 6) rose in 2022 to €23.1
                     million,  a  figure  that  represents  a  decline  of   Source: Ministry of Land and Town Planning.
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