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
Average price per 1 m²
2%
Average price growth per quarter
5—11%
Associated costs, of the property value
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.
Taxes and associated costs
Countries to buy a property and get residency or citizenship
We offer proven properties that comply with the conditions of government programs for investors. You can buy real estate and obtain a residence permit or citizenship.
Malta12 properties
€300,000+
Permanent residency
6+ months
Show 12 properties
Grenada18 properties
$270,000+
Citizenship
8+ months
Show 18 properties
UAE103 properties
AED 750,000+
Residence permit
2+ months
Show 103 properties
Spain35 properties
€500,000+
Residence permit
5+ months
Show 35 properties
Portugal68 properties
Not limited
Residency after D Visas
6+ months
Show 68 properties
Show all countries40+ guides with European countries
Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.
Material prepared by Lyle Julien, Investment programs expert