Geographically, politically, artistically and culinarily, all roads have led to Vienna for centuries. The results speak for themselves. Imperial grandeur. Cutting-edge culture. Stunning natural beauty. Austria doesn't just embody the great European traditions -- it's the essence of Europe itself.
From sunny beaches at crystal-clear lakes to ice-capped and precipitous peaks, from romantic vineyards to luxuriant forests, from lush pasturelands to isolated marshlands: Austria's federal provinces offer sceneries of rare beauty!
The landscapes, old towns and cities are a reflection of the history and culture that has developed over the centuries.
The greater part of Austria lies in the cool/temperate climate zone, where humid westerly winds predominate. With nearly three-quarters of the country dominated by the Alps, the alpine climate is predominant.
Although Austria is cold in the winter (−10 – 0 °C), summer temperatures can be relatively high, with average temperatures in the mid-20s and a highest temperature of 40.5 °C (105 °F)
Any foreign nationals within the EU can buy freely in Austria. Any foreigner outside the EU need to obtain permission from the local authority office in the locality where they wish to purchase.
In Austria, more often than not, a lawyer handles the affairs associated with the buying and selling or real estate. 1. As a matter of normal routine, the buyer will post a deposit in the amount of 10% at the time the purchase agreement is executed. 2. When the completion date rolls around, the seller will be responsible for making certain that all contract provisions that apply to him or her have been satisfied.
More often than not this primarily includes making certain that the property is free from any encumbrances that might interfere or impede the conveyance of the real estate to the buyer.
At the time of the completion date, the buyer will need to have his or her financing in place and in order. At the time set for the completion of the transaction, the buyer will pay the remaining balance due and owing on the purchase agreement.
Once this payment is made, ownership of the real estate will transfer by operation of Austrian law to the buyer. However, the new ownership of the real estate -- the ownership of the buyer in the real property -- will need to be registered with the Austrian Land Registry.
The process of fully registering the real estate with Austrian Land Registry can take up to three or four months in some instances.
Purchase Tax 3.5% land purchasing tax Additional purchasing costs 1% registration at the land register 3.6% commission (incl. 20% Uts tax) this is standard throughout Austria, payable on signing contract. Notary for the contract, depending on the price (usually 1%) if the price is lower than EUR 1,000.
Translator at the notary will cost approximately EUR 400 Other Expenses The annual property tax in Austria is generally very low, as a guide you can expect to pay around EUR 200 per year for an apartment and approximately EUR 400 per year for a family house with 1000 sq.m. of land. EUR 250 property insurance (depending on size and location)
An average sized house could expect to use per annum: electricity and water, depending on the usage, EUR 80-150/month approximately. The additional costs associated with buying a property in Austria generally amount to about 12% of the purchase price.
A standard rental contract is signed for a period of three years. Once you have your apartment, you are legally well protected and your landlord will not be able to easily kick you out. You would not believe it, but if you do not have a rental contract, the situation is even better for you.
Therefore, landlords carefully select potential candidates, and you better try to appear as a trustworthy person with sufficient financial power to pay your rent on time. When you get accepted and have the rental contract on hand – how can you make sure everything is OK? Get it checked by an Austrian friend who knows about the issues, or contact the appropriate institution called Mietervereinigung at http://www.mietervereinigung.at
For a small annual fee you get full support and consultation in all legal aspects concerning your rental contract. A Deposit in the range of one to three monthly rents is standard in Austria. For getting large, mainly older apartments, landlords sometimes will ask you to pay an Abfindung – this is a one-time payment and it is generally not legal! One-time compensations can only be claimed for respective value added to the apartment, e.g. when new furniture has been added.
If you pay such a fee, make sure that your payment is well documented. In case you find out that it was not appropriate, you may be able to claim it back. However, especially in Vienna, people sometimes prefer to pay the Abfindung in order to get a large apartment for a small monthly rent. When you move into your new room or apartment, we recommend you take photos to document the state of the property. This may help you get back your deposit afterwards, if the landlord claims money for renovation or repairs.
For a contract up to 3 years the Tenant will pay the Agent the amount equal to one months rent, any contract over 3 years they will pay equal to 2 months rent.