Frequently asked questions
Key answers on buying, selling and investing in Austrian real estate — from our brokers’ daily practice.
- What are the purchase costs in Austria?
- Budget roughly 10% on top of the price: 3.5% transfer tax, 1.1% land register fee, 1–3% for the contract and escrow, and up to 3% (+20% VAT) broker commission. With a mortgage, add 1.2% for the lien registration.
- Can foreigners buy property in Austria?
- EU/EEA citizens buy without restrictions. Third-country nationals usually need approval from the regional land transfer authority — in Vienna the Ausländergrunderwerbsbewilligung. We handle the procedure and assess feasibility upfront.
- How does a purchase work?
- Viewing, offer, acceptance, purchase contract drafted by a notary or lawyer, escrow settlement and land register entry. From agreement to keys it typically takes four to eight weeks.
- How high is the broker commission?
- For purchases, at most 3% of the price plus 20% VAT per side. For rentals, since 2023 the party who commissions the broker pays (Bestellerprinzip).
- What is a Vorsorgewohnung?
- An apartment bought to let: VAT deduction, predictable rental income and long-term appreciation. We calculate yield, taxes and financing transparently before you buy.
- Why ImmoLöwin?
- Licensed brokerage (since 2021), WKO member, advice in German, Russian and English. Residential and commercial property across Austria plus selected international projects.