Real estate investment in Austria
The sale of real estate to foreigners is limited in Austria: you must obtain permission from a municipality for the purchase. The possibility and conditions of purchase depend on the region. In the Alpine federal states of Tyrol and Vorarlberg, one must be an EU citizen or register a purchase for a European company to buy a property.
Statistics confirm the liquidity of investments: residential real estate prices grow by an average of 2% every quarter. Five years ago, an apartment of 100 m² cost an average of €313,000, and today it is sold for €461,000.
€4,611
2%
5—11%
How the residential property price index is growing in Austria
Cost of a 3-bedroom apartment in Austria
€4.7 million
Penthouse in the historical centre of Vienna, the Inner City district
€1.2 million
Apartment in Vienna, in a 10‑minute drive from the centre
€500,000
Apartment 25 km away from Vienna or in Graz
Austria residence permit or citizenship by real estate investment
Obtaining an Austria residence permit or citizenship is not connected with purchasing real estate. On the contrary, you must get a residence permit to buy a property.
The Austria residence permit obligates its holder to live in the country for at least 183 days a year. After five years, a resident can get a permanent residence permit and apply for Austria citizenship after another three years.
Practical Guide
Discover real estate market trends in 41 European countries
Taxes and associated costs
Check if real estate in these countries suits your goals
The selections include only verified real estate projects from reliable developers. Purchasing these properties may bring you a residence permit or even citizenship.
Malta
€690,000+
Citizenship
1 or 3 years
Show 11 objects
Grenada
$150,000
Citizenship
6+ months
Show 20 objects
United Arab Emirates
AED 750,000+
Residence permit
2+ months
Show 75 objects
Spain
€500,000+
Residence permit
5+ months
Show 47 objects
Portugal
€820+
Residence permit
4+ months
Show 75 objects
40+ guides on European countries
Learn the prices for purchasing and renting a property in each country, the market dynamics and taxes on buying and selling real estate.