Can Foreigners Buy Property In Austria?

Buying Property in Austria: A Guide for Foreigners

Ever dreamt of owning a charming chalet in the Austrian Alps or a chic apartment in the heart of Vienna? 🏡 Well, you’re not alone. As a real estate expert, I’ve seen a surge in interest from foreigners looking to buy property in Austria. But the question that often pops up is, “Can foreigners buy property in Austria?”

The answer is yes, but there are a few things you need to know.

So, let’s dive in and explore the ins and outs of buying property in this beautiful country.

First things first, let’s talk about the legal aspect. Austria has a unique set of laws governing property ownership by foreigners. While there’s no outright ban, certain restrictions apply, especially in the provinces of Tyrol, Vorarlberg, and Salzburg. Here, non-Eu citizens may need a permit to buy property. But don’t let this deter you. With the right guidance, navigating these legal waters can be a breeze. 🌊

Choosing the Right Location

Location, location, location! It’s a mantra we real estate folks live by. Austria offers a diverse range of locales, each with its unique charm. From the bustling city life of Vienna to the serene landscapes of Styria, there’s something for everyone. But remember, property prices can vary significantly based on location. So, do your homework and choose wisely. 🌍

Financing Your Property

Now, let’s talk money. 💰 Financing a property in Austria as a foreigner can be a bit tricky. While Austrian banks do offer mortgages to foreigners, the terms may not always be favorable. Typically, you’d need to make a down payment of at least 30% of the property’s value. Plus, you’ll need to factor in additional costs like property transfer tax, notary fees, and real estate agent commissions. So, plan your finances accordingly.

Working with a Local Real Estate Agent

When buying property in a foreign country, having a local ally can be a game-changer. 🤝 A local real estate agent can guide you through the process, help you find the right property, negotiate the best deal, and navigate the legalities. Plus, they can provide invaluable insights into the local market trends and property values.


1. Can non-EU citizens buy property in Austria?

Yes, non-EU citizens can buy property in Austria. However, they may need a permit in certain provinces like Tyrol, Vorarlberg, and Salzburg.

2. What additional costs should I consider when buying property in Austria?

Beyond the property’s price, you should consider additional costs like property transfer tax, notary fees, real estate agent commissions, and possibly renovation costs.

3. Can I get a mortgage from an Austrian bank as a foreigner?

Yes, Austrian banks do offer mortgages to foreigners. However, the terms may not always be favorable, and a significant down payment is typically required.


So, can foreigners buy property in Austria? Absolutely! While there are certain legal and financial considerations to keep in mind, owning a piece of this beautiful country is certainly achievable. With careful planning, a bit of research, and the right local guidance, you can turn your Austrian property dreams into reality. 🏞️

Remember, buying property is a significant investment, and it’s essential to make informed decisions. So, take your time, do your homework, and when you’re ready, Austria awaits!

Kurby Team

The Kurby Content Team is a diverse group of seasoned real estate experts dedicated to providing insightful, reliable information for homebuyers, real estate investors, and real estate agents. With backgrounds ranging from real estate brokerage, property investment, and residential home buying, our team combines decades of experience with a passion for demystifying the real estate world. We at Kurby are committed to helping you make informed, successful real estate decisions. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, count on the Kurby Content Team to deliver the most relevant, actionable real estate content you need.