Reply To: Buying property in Austria as a third country citizen?

Forum Living in Austria Housing and Property Buying property in Austria as a third country citizen? Reply To: Buying property in Austria as a third country citizen?

#4620
stevepatriarcastevepatriarca
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Many thanks for all the follow up. Property purchase outside the city flat belt needs a lot of patience and money – but as long as you do not move too often it bears fruit, the rise in property values covering the immense costs of buying in Austria (up to 20% of the purchase price). If you are also selling then you may need a bridging loan which has also become even more difficult after Brexit. For us the major banks were unhelpful but we found an excellent regional bank wiling to work with us and at normal interest rates and costs. I am not sure if I am allowed to name the bank here but there are not so many small banks in Austria and easy to find if you need it.