Guides
Practical knowledge on buying, selling and investing in Austria — concise and from real brokerage practice.
How does buying a property in Austria work?
Buying a property in Austria runs in eight steps: clarify the financing, inspect the property and check the documents, make a written purchase offer, fix the loan, sign the purchase contract with payment into escrow, obtain the permit if you are a non-EU national, take handover and finally be entered in the land register (Grundbuch).
How do you sell a property in Austria?
Selling a property in Austria runs in seven steps: determine the value, prepare documents including the energy certificate, engage an agent, market the property, accept the purchase offer, complete the purchase contract through escrow, and hand over the property.
Can foreigners buy property in Austria?
Citizens of the EU, the EEA and Switzerland buy property in Austria on the same terms as Austrians.
What is your property worth?
The value of a flat in Austria is determined above all by the comparable sales method: what have similar flats in the same location actually sold for?
How do you finance a property in Austria in 2026?
For a property loan, Austrian banks in practice expect at least 20 % equity plus the purchase costs of around 10 %.
How high are the additional costs when buying property in Austria?
When you buy a property in Austria, around 10 % is added to the purchase price, around 11 % with a loan.