Visit Us In Vienna
Address: Kärntner Straße 39 – 1010 Wien
FAQ
Yes, they can. As part of your purchase, there is legal consultation included that will handle all the necessary paperwork for a foreign purchaser. Our clients include business creators/transfers as well as Artists, Students, and Retirees. No matter why you have fallen in love with Vienna, we have the right location for you.
Unfortunately, the transactional costs of buying real estate in Austria are higher than you may be accustomed to. Legal and Notary fees are 2.20% of the purchase price and there is a 3.5% property transfer fee to the government. There are 3% Buyer’s Agent fees and Stamp and Recording fees are from 1.6% to 2.1%, depending on purchase price. Finally, there is City Registration fee of 1.1%.
Mortgages in Austria are fairly straightforward to set up and foreigners are eligible for a loan in the country. Generally, fixed-rate mortgages are the most common. These finance up to a maximum of 70% of the property for between 15 and 30 years. Adjustable-rate loans are also available.
We will provide a pre-screening of available properties and compile a portfolio of options
just for you. This pre-selection will cut down on the time spent viewing properties that you’re not really interested in. We will ask questions about your price range, how long you’ve been looking, and what requirements you have for your new property.