Buying real estate in Austria
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Loading... - Leon Muller
- 09 Mar 2022
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Buying any real estate in Austria is generally considered to be an excellent investment, particularly in Vienna. To begin with, the high quality of life and excellent medical care coupled with affordable property, make Austria an attractive place to purchase real estate. Then, of course, there are the countless ski resorts, breathtaking scenery, and stunning architecture.
If you are relocating to the scenic Alpine nation, you’ll want to know everything there is to know about buying a home there. Firstly, you’ll want to be well-versed in mortgages in Austria, including refinancing, and how contents insurance works in the country. Additionally, if you are considering building your own home in Austria, there are several important factors to consider. And, as always, it’s a good idea to look into planning your will and estate and retirement options when thinking of purchasing a home and settling down in another country.
After all, there are plenty of mistakes lurking behind the bushes when buying a house abroad. However, knowing what is what in your new home will help you purchase the right property for you. To help you get to grips with purchasing real estate in Austria, this helpful guide includes the following information:
· Homeownership in Austria
· Should you buy or rent property in Austria
· Can expats buy property in Austria?
· The Austrian property market and property prices
· Costs of buying a property in Austria
· Financing a property purchase in Austria
· Finding a property in Austria
· The process of buying a property in Austria
· Moving into your Austrian property
· Buying land to build a new property in Austria
· Buying a new build home in Austria
· Selling a property in Austria
· Tips on buying a home in Austria
· Useful resources
Homeownership in Austria
In Austria, the homeownership rate increased to 55.4% in 2018 from 55% in 2017; lower than the overall rate across Europe which sits at 69%. This may be due to the fact that Austria, along with countries like Germany and Switzerland, has historically been less active in promoting homeownership than other Western European countries. Read More...
