Are you interested in buying or selling in Austria? Our team reveals some of the best tips to know when you are investing in Austria Luxury Real Estate. Vienna, Salzburg, and the rest of Austria is awaiting!
Our buying guide* gives you the most important keys to successfully invest in Austria luxury real estate
Austria is a land of beauty. Very scenic mountains lie next to exhilarating green plains. It seems as if nature has always been the only one god. Miles of grass lying ahead of you, with pines as far as the eye can see. Legendary hiking trails seal the reunion with nature.
On the other side, big cities are such a huge pond of culture, including the famous capital. Indeed, the market of luxury real estate in Vienna is especially unique.
Feeling amazed and looking to settle in the country? Our buying guide* gives you the most important keys to successfully invest in Austria luxury real estate. Our series of buying guides are designed per country and available for more than 15 countries already, including Russia, Brazil and India. Reserved to our Members, we give you an exclusive preview into our Austria Buying Guide.
Regarding the Austrian real estate market, some major trends include:
First, the economic outlook is expected to be positive in 2013. Then, Austria is becoming a popular place as a second home for wealthy foreigners. Finally, we notice that rental prices are stable and not extremely high.
What about the tax and legal framework in Austria?
Concerning taxes, it is important to notice that there is no wealth tax in the country. There is however a 2% annual Property Tax in municipalities.
In the end, what is the process to buy a property in Austria?
Just like anywhere else, it is not too fastidious to buy a home in Austria, if you’re helped by the right person of course. Especially if you’re not fluent in German! You have to go through several steps till you receive the key to your dream home. It starts with the promise of sale, till title deeds are registered on a local land registry. A lot of paperwork for a single individual.
