Buying a property in Austria

Austria’s excellent reputation can be ascribed to its high standard of living, international cities such as Vienna and Salzburg, as well as its magnificent lakes and mountainous holiday regions. Whether one thinks of relocating there, buying a second home or investing in the property market: one can’t go far wrong when purchasing a property in Austria.

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With Vienna as its capital and population of around 8.5 million, this landlocked Central European country borders on Germany, the Czech Republic, Slovenia, Italy, Slovakia, Hungary, Switzerland and Liechtenstein.

Its foremost regional centres are Graz, Linz, Salzburg and Innsbruck.

Most of Austria is blessed with a scenic landscape including numerous lakes. Besides its mountainous regions in the Alps to the east and south, there are also the Pannonian lowlands and the Vienna basin. Austria’s appeal extends even beyond its natural attractions.

Those interested in buying a property in Austria should consider a few things:

Basic Law: Fundamental bill of rights governing property acquisition
Depending on which part of Austria you’re looking at, buying property may require advance approval by the federal state authorities. The purchase of holiday homes is regulated by special regulations that determine whether such property may be purchased by foreigners. Only after official approval, can a change of title deed be registered.

We at the Seeber Immobilien Real Estate Agency are ready to advise you on all aspects of the real estate market in Austria, to ensure that your deal will end up as desired. We look forward to your enquiry!

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