Real Estate

The main steps of buying property in Austria

We are sure that before taking such a serious step as buying property in Europe, a client wants to get acquainted with the stages of this process. That is why we are going to tell you about all the details of buying property in Austria. Finding a real estate agent The process of buying property in Austria starts with finding a real estate agent. The following information will focus on the process of...

Proof of source (legalisation) of funds in Austria

In Austria, as in most European countries, there is a legal obligation to disclose and confirm the source of your financial resources. For the state, such confirmation guarantees that money obtained exclusively through legal means will be used in various types of transactions. Thanks to this procedure, the country should remain "economically clean". Confirmation of the source of funds is carried out when...

New principle for paying brokerage fees when renting a property

In today's world, renting a home is becoming increasingly popular, and Austria is no exception. Renting is cheaper than buying, and for people who are mobile and frequently change their place/city/country of residence, rented houses or apartments are of course an ideal option. As of now, brokers in Austria can conclude transactions with both landlords and tenants. The brokerage fee can be paid by both...

Real estate loans in Austria

Since Austria is a very attractive country to live, do business and buy real estate, real estate loans are also very common there. A real estate loan in Austria is granted by banks or other financial institutions to finance the purchase or construction of real estate in Austria. Real estate loans are usually granted for several years or decades and are repaid with applicable interest amount. The exact...

How can foreigners buy real estate in Austria?

Every year, Austria is ranked among the top 15 countries in the world in terms of living standards in various rankings. These rankings consider the level of income, the environment, education, safety, health care and even the happiness index of the population. For this reason, many people want to move to Austria, start a business or buy a property in Austria. As a rule, any natural person or legal entity...

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