Investment without remorse: Risks in buying property abroad to avoid

In times of financial crisis real estate are considered safe investment. The mortgage interest rates are at historic lows and thus facilitate the financing. Because prices explode in large urban centers such as Munich or Frankfurt, many German liebäugeln österreichischen with the real estate market. Who will ensure that you make a purchase decision there, but notice some peculiarities and limitations of the Alpine republic. The purchase contract to infrastructure – Jager BAU are five plug tips to buying a house in the neighboring country does not run awry.

First Forderalismus note: In real estate law Österreich Zuständigkeitsbereich located in the Landes. Interested parties should, therefore, is verified exactly where they invest their money, because there are different regulations from state to state as in the leasing of real estate.

Second Legally, hedge: candidates from EU Mitgliedsländern have regarding the real estate purchase, the same rights as Osterreicher. However, it must before the completion of the purchase agreement to obtain the consent of the competent authorities within the respective federal state. A notarial deed of purchase is recommended but not mandatory information they need – it could be a written contract. Besides the purchase price fall in Österreich additional costs of 1.8 percent for the notary, 3.5 percent for the land transfer tax and one percent for the land registration of.

Third Second residence permits? Considerations should be willing to purchase in advance exactly whether the property they primarily want to rent or hauptsächlich use as a secondary residence. In most federal österreichischen namely it restrict the purchase of so-called holiday. Darfur licensed real estate must come from the state government “dedicated” to be. Construction grief yourself in advance for such authorization and sell print the very rare objects dedicated. Here, the Buyer with respect to the use of the property is completely free.

4th Playing it safe: As in Germany, it also comes in Österreich repeatedly during a dispute over some construction details. Customers should therefore insist that properties such as material and equipment level are fixed in the contract in detail. A detailed description of all construction projects with clearly defined information on “good and kind” of each work is recommended. Ideally, in such a document are the individual material suppliers and manufacturers listed.

5th Infrastructure is verified: Even if you are looking for a second home in the quiet of nature or in the ski area did, can not do without a comfortable infrastructure. Is the supermarket nächstliegende reached in short walking distance? Is a car necessary for doctor visits? These points should be abgeklärt ahead with. To realize the full value of the property, interested persons should also inform about the leisure facilities in the region – in particular, whether it is outside the ski season Unternehmungsmöglichkeiten attractive.

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