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Austrian Buyers' Info
Property Types in Austria
Property Restrictions for Foreigners
Purchase Process and Costs
Mortgages
Buying in the Name of a Company
Rental Income and Running Costs
Rental Obligations
Investment and Selling
What is the purchase process for buying property in Austria?
- The process of buying a property in Austria is very easy. The notary will act on behalf of both the purchaser and the vendor. The notary will draw up the deed of sale and all the documents required to transfer the legal ownership.
- When buying a property, both the purchaser and the vendor are required to attend the notary’s office to sign the deed of sale in his presence.
- The buyer will need to take the power of attorney to either a Notary Public (not a solicitor) in their country of residence to have their signature witnessed and (in the UK) the Notary Public will send the document off to the foreign office to have it ‘legalised’. Alternatively, documents can be signed and legalised at the same time if taken to the Austrian Embassy.
Information correct as of 1st January 2024. This may change as rules and regulations change often, so please contact us directly if you have any specific enquiries.
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