Purchase costs in Austria: the complete list
Around 10% comes on top of the price in Austria. Every line item — and where you can save.
Transfer tax — 3.5%
Based on the purchase price. Intra-family transfers enjoy reduced stepped rates based on assessed land value.
Land register — 1.1%
Registration fee for ownership. With a mortgage, add 1.2% for registering the bank’s lien.
Contract and escrow — approx. 1–3%
Notary or lawyer fee including escrow settlement and certifications; negotiable and often available as a flat package.
Broker commission — up to 3% +VAT
Legally capped by price band. Watch for commission-free units sold directly by developers.
Example on €500,000
Tax €17,500 + register €5,500 + contract ~€10,000 + commission €18,000 = about €51,000 without financing; ~€57,000 with a lien.
Can purchase costs be financed?
Banks are reluctant; costs usually come from equity. Some banks offer 100%+ models at a rate premium.
What running costs follow?
Service charges and reserve fund (typically €2–5/m² monthly for apartments), insurance, property tax, and income tax on rent if letting.
Are costs tax-deductible?
When letting, yes — via depreciation and as expenses. For owner-occupied homes, generally no.