Starting from July 1, 2025, Austria will implement major changes in the tax regulation of real estate transactions, particularly regarding so-called “share deals” — the acquisition of shares in companies that own real estate. Lawmakers aim to close tax loopholes that previously allowed investors to avoid paying real estate transfer tax (Grunderwerbsteuer) by purchasing companies that owned the real...
Renting property in Austria is not just about finding a suitable flat and signing a paper — it’s a legal process that requires full attention, understanding of the law, and clarity about rights and obligations. Mistakes or misunderstandings when signing a contract can lead to serious financial and legal consequences. We have already covered topics such as, rental prices on the market and how...
Property insurance in Austria, especially in Vienna, is not just a formality but a smart investment in financial security. Purchasing residential or commercial property is an important step, and protecting it from unforeseen risks is an integral part of a long-term property management strategy. In this article, we will look at the main types of property insurance in Austria, their cost, specifics, and...
Vienna's 3rd district — Landstraße — is a true gem for those seeking a property with character, comfort, and long-term prospects. Here, aristocratic architecture blends harmoniously with convenient transport infrastructure and proximity to the historic city center. Most importantly, the district is actively developing, offering excellent opportunities for profitable real estate investment.We've...
The Austrian real estate rental market is very specific and unclear to many. Pricing is strictly regulated by current legislation, so not every property owner can determine the rental price at their own discretion.This is explained by the fact that the cost of housing rent in Austria largely depends on whether the property falls under the full application of the Tenancy Law (Mietrechtsgesetz), partial...
Buying real estate is a complex and multi-layered process, where financial matters play a particularly important role. It is no secret that the vast majority of buyers require additional financing to purchase an apartment or house. In other words, they need to obtain a loan from a bank. By the way, we already wrote how to get a mortgage in 2025 in our article. To simplify this process and increase the...
As of January 1, 2022 the Kreditinstitute-Immobilienfinanzierungsmaßnahmen-Verordnung (KIM-VO) came into effect, introducing new requirements for banks involved in real estate financing. The KIM-VO regulations applied to both commercial banks and specialized financial institutions. While the goal of the regulation was to stabilize the banking sector, its implementation significantly restricted access to...
When choosing a place to live, various factors are taken into account, including the location of the school where children will study. This is especially important when planning a move to the capital, which attracts both foreigners and Austrians from other cities due to its high educational standards. Parents often opt for private schools rather than public institutions. Private schools in Vienna can be...
When purchasing real estate, it is essential to adhere to all legal requirements and pay attention not only to the advantages and disadvantages of the apartment or house but also to the legal restrictions regarding the disposal of real estate. As is known, the presence of a mortgage or lien limits the owner's right to sell the apartment or house. However, not everyone knows that among such restrictions, an...
Buying real estate is a significant step for many people, requiring substantial capital investments. When searching for an apartment or house to purchase, buyers often focus on their savings and the possibility of obtaining a loan. However, they frequently overlook the fact that, in addition to the property's price, they will also need to pay considerable additional costs, known as Nebenkosten...