Buy House, Apartment & Chalets Property in Austria - Buying a Property Guide

As a member of the EU, buying property in Austria is highly regulated and very straight forward – although rules vary slightly from province to province.

Property in the province around Salzburg (Salzburgerland) tends to be the most interesting for foreign buyers – containing many large, well known ski resorts as well as having an established 2nd home market. Popular ski resorts in Salzburgerland include Zell am See, Bad Gastein, Obertauern, Saalbach, Maria Alm and many others.

Many new build developments in these ski resorts are now designated as ‘tourism residences’ meaning that you have an obligation to rent out your property when you are not there to ensure that resorts do not suffer from ‘cold’ beds. As an incentive, the VAT is often waived on property purchases in these residences – giving an approximate 10% discount in most cases. Exact rules do vary from project to project however, so please do discuss in detail with one of Mark Warner Property team when you are considering purchasing. To buy a property in Austria, please visit the site http://www.markwarnerproperty.com