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Buying real estate in Austria
A deposit of lO% is usual but not necessary, returned if the sale falls through when buying real estate in Austria. Property sales are usually handled for both parties by a solicitor/lawyer. The purchase agreement and the documents can be signed before an official at an Austrian embassy abroad and translated if required. When the purchase contracts are signed the funds are deposited in a trustee (escrow) account until completion takes place. The owner details will then be registered in the land registry and can take a few months. The taxes and fees are then paid by the solicitor/lawyer and the agreed purchase price paid to the vendor.

Solicitor / Lawyer
A solicitor/lawyer would normally be employed to handle the sale and buying contracts.

Your total fees should be around 8-9% of the buying price and will include property transfer tax of 3.5% and notary fees around 3-4%. The ownership registration should be 1% with stamp duty 0.5-1%, the land registry fees averaging a payment of around 300 / $450.

Property Tax
Will be between 0.4-0.9% of the properties assessed value and should be lower than the market sale value.
Wealth tax of 1% of your net worth irrespective of your resident status is charged for Austrian property owners.

For more information on Belgium Property and to arrange your viewing visit:

  Belgium Property Viewing Arrangements


buying real estate in Belgium   Belgium

Advocaten, Solicitors/Lawyers

Allen & Overy

Beachcroft Wansbroughs

Berwin Leighton Paisner

Denton Wilde Sapte



Field Fisher Waterhouse

Freshfields Bruckhaus Deringer

Hammond Suddards Edge

Herbert Smith

Law Office and Dept Collection

Legal Information, English


Nabarro Nathanson

Pinsent Curtis Biddle

Richards Butler Int Law Firm

Wragge & Co

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