Login



Property for sale in Austria

Property for sale in Austria



1/ Capital: Vienna

Is Austria's primary city; with a population of about 1.7 million, it is by far the largest city in Austria as well as its cultural, economic, and political center. It is the 10th largest city by population in the European Union. View more information on property for sale in Vienna.


2/ Country: Austria

Is a landlocked country in Central Europe? It borders both Germany and the Czech Republic to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west.


3/ Property in Austria

Austria has been in the EU since 1995. Prior to this there were rules preventing foreigners from buying property there, although in some parts of Austria these have eased a little there are still restrictions; EU citizens are allowed to buy and live permanently in any house they wish but this does not apply to holiday property. Quality of life has a price and buying a property in Austria is not for the quick buck investor. The cost of living in Austria is higher than most other EU countries. Austria also enjoys a high standard of living. As highlighted earlier, Austria is the costliest place to live in the whole of Europe. This means that unfortunately, the property scenario in Austria is not too encouraging for the investors of present times. The higher cost of living has, indeed, played a spoilsport for the potential investors. European Union membership notwithstanding, Austria has not seen any surge of investor interest, primarily because of high property prices within the country.
Austria has done well by relaxing the laws in terms of foreign ownership of property, but still buyers want the Austrian government to address the issue of high property prices of every commodity before even thinking of investing in Austrian real estate.

People have been buying property in Austria for many years but have taken to watch their investment simmer in value rather than expecting it to bounce to dizzy heights overnight. Austria is a well established and stable home property market with many reasonably priced properties. With a straightforward purchasing procedure and a wide range of mortgages available it is easy to see why Austria is rapidly becoming a property hot spot. Despite high prices, Austria is a popular country for the purchase of holiday properties, particularly within ski resorts.

 
 
Currently there are no properties for sale or for rent in the selected area. Start by creating a free account and start posting your properties.



Ocean view property, Fiji
Detail
Selling price : 196 700 €

Land space : 3800 m²
Why not view other property reports in Europe