Austrian real estate as an investment
Vorsorgewohnung, tenement house or cash-flow commercial: which strategy suits your capital, worked out without wishful thinking.
Stable legal framework, growing urban regions and inflation protection via indexed rents. In return, moderate yields — property here is wealth preservation plus cash flow, not speculation.
RomaniaSelected investment project
Light industrial park with its own energy plant — Brașov
- Site area
- approx. 68,000 m²
- Usable space
- approx. 17,000 m² in 5 halls
Qualified investors receive the full investment memorandum after signing a confidentiality agreement.
Request memorandum
€16,800 net income p. a. · estimated yield 2.2 %
€780,000
€12,940/m²
2 rm · 60.3 m² · 18th floor
1220 Donaustadt
Apartment for sale in 1220 Vienna — 2 rooms, 60 m²
Commercial7.14% yield
€2,800,000
€916/m²
3,057.1 m² · 7.14 % yield
St. Pölten
Industrial hall for sale in St. Pölten (Lower Austria) — 3,057 m²
Vorsorgewohnung+
New-build buy-to-let with VAT recovery: 20% back given long-term letting intent. Typically 2.5–4% gross yield in Vienna (based on ImmoLöwin experience, depending on location and lease) plus appreciation. More on this: Vorsorgewohnung Vienna.
Tenement house (Zinshaus)+
Viennese old-build with multiple units: substance value and development upside, but mind the tenancy act with regulated reference rents. For experienced investors with a 10+ year horizon. How to check and value a Viennese Zinshaus is explained under Buying a Zinshaus in Vienna.
Cash-flow commercial+
Offices, logistics, convenience retail: 5–7% gross yields (based on ImmoLöwin experience, depending on location and lease) and longer leases, against higher vacancy risk and more management. Our commercial desk vets tenant covenant and location.
Investor taxes+
Rental income is income-taxed, building depreciation 1.5% p.a., and sales gains face 30% ImmoESt. We model private ownership against a GmbH structure with tax advisers.
What yield is realistic?
Gross yield, based on ImmoLöwin experience and depending on location and lease: Vienna residential 2.5–4%, good commercial 5–7%. From around 8% it is worth checking more closely why the yield is so high.
How much equity do I need?
Banks usually require 30–40% plus costs for investor loans; rental income is only partially counted.
Can foreigners invest?
Whether a foreign person needs approval depends on the federal state and on their personal status. In Vienna, EU and EEA nationals are in principle exempt from the approval requirement. Third-country nationals generally need approval; statutory exceptions and exceptions under international treaties must be checked case by case. Hurdles for commercial assets are often lower than for apartments.