Investment property in Austria: what to buy and what it costs

Want to buy property abroad? A manager will select properties for your budget and check the deal before registration. Find a property

Updated 23 October 2026

For sale · Leoben, Göss district

Two-room apartment in Göss district

$83,400 (74,400 euros)

50 m² · 2 rooms

A 50 m² two-room apartment - a living room with a kitchen and a bedroom, and a balcony in Göss in southern Leoben, in the Mur valley, with buses to the centre and the station. Leoben is an industrial town in Upper Styria with the University of Mining and a large steelworks, the train to Graz takes about 45 minutes, and small apartments here are rented by students, engineers and steelworkers.

The most affordable entry

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For sale · St. Pölten, Spratzern district

Two-room apartment in Spratzern district

$146,100 (130,400 euros)

55 m² · 2 rooms

A 55 m² two-room apartment - a living room with a kitchen and a bedroom, and a balcony in Spratzern in southern St. Pölten, with buses to the centre and the station, schools and shops. St. Pölten is the capital of Lower Austria with the state government and a university of applied sciences, and the high-speed train to Vienna takes about 25 minutes, so apartments here are rented by civil servants and people who work in the capital.

25 minutes to Vienna

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For sale · Klagenfurt, St. Ruprecht district

Two-room apartment in St. Ruprecht district

$160,500 (143,200 euros)

50 m² · 2 rooms

A 50 m² two-room apartment - a living room with a kitchen and a bedroom, and a balcony in St. Ruprecht east of the old centre of Klagenfurt, with buses to the centre, schools and shops. Klagenfurt is the capital of Carinthia on the shore of Lake Wörthersee, with a university and a large hospital, and apartments here are rented by students, doctors and civil servants.

A lakeside city

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For sale · Graz, Eggenberg district

Two-room apartment in Eggenberg district

$164,800 (147,100 euros)

50 m² · 2 rooms

A 50 m² two-room apartment - a living room with a kitchen and a bedroom, and a balcony in Eggenberg in western Graz, by the palace park, with trams to the centre and the FH Joanneum university of applied sciences campus. Graz is the country's second city with four universities, and small apartments here are rented by students and teaching staff all year round.

For letting to students

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For sale · Wels, Vogelweide district

Three-room apartment in Vogelweide district

$180,100 (160,700 euros)

70 m² · 3 rooms

A 70 m² three-room apartment - a living room and two bedrooms, a kitchen and a balcony in Vogelweide in northern Wels, with buses to the centre and the station, schools and shops. Wels is the second city of Upper Austria with an exhibition centre and factories, and the train to Linz takes about 15 minutes, so apartments here are rented by the families of workers and engineers.

For letting to families

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For sale · Vienna, Floridsdorf district

Two-room apartment in Floridsdorf

$234,400 (209,200 euros)

50 m² · 2 rooms

A 50 m² two-room apartment - a living room with a kitchen and a bedroom, and a balcony in Floridsdorf, Vienna's 21st district on the left bank of the Danube, by a metro and suburban rail station, close to schools and a shopping centre. Vienna is the country's largest rental market, and apartments near the metro here are rented by young professionals and couples.

Near the metro

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For sale · Linz, Urfahr district

Two-room apartment in Urfahr district

$237,800 (212,200 euros)

55 m² · 2 rooms

A 55 m² two-room apartment - a living room with a kitchen and a bedroom, and a balcony in Urfahr on the left bank of the Danube opposite the old centre of Linz, with trams to the centre and the Johannes Kepler University. Linz is the capital of Upper Austria and an industrial centre with a steelworks, and apartments here are rented by students, engineers and young professionals.

Near the university

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For sale · Vienna, Favoriten district

Three-room apartment in Favoriten

$279,100 (249,100 euros)

70 m² · 3 rooms

A 70 m² three-room apartment - a living room and two bedrooms, a kitchen and a balcony in Favoriten, Vienna's 10th district in the south of the city, on the metro line to St. Stephen's Cathedral and close to the Main Station, schools and parks. Favoriten is the capital's most populous district, and three-room apartments here are rented by families.

An apartment in the capital

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Want to buy property abroad? A manager will select properties for your budget and check the deal before registration. Find a property

What properties investors buy in Austria

Above are the most interesting offers selected by our experts. The manager will find a property that fits your requirements.

Apartments for sale in Vienna, Graz, Linz, Wels, Klagenfurt, St. Pölten and Leoben, rental yield, taxes, transaction costs and the purchase rules for foreigners.

A citizen of a country outside the European Union buys an apartment in Austria with a permit from the land transfer authority of the federal state, and the title is entered in the land register in your name. According to Statistics Austria, in 2025 apartments across the country sold for an average of $4,660 per m², in Vienna for $5,840, and in the second quarter of 2026 prices of existing apartments were 5.1% higher than a year earlier. A two-room apartment in Graz can be bought for $164,800, in Vienna for $234,400, and letting brings from 2.5% a year before tax in Linz to 5.2% in Leoben, and 3.1-3.7% in Vienna.

On this page: two-room apartments in Leoben, St. Pölten, Klagenfurt, Graz, Vienna and Linz, three-room apartments in Wels and Vienna, prices by state, rental yield, taxes, transaction costs and the purchase rules. In Austria the living room counts as a room: a two-room apartment is a living room with a kitchen and a bedroom. Tyrol, Salzburg and Vorarlberg are almost closed to buyers from outside the European Union, so for letting investors choose Vienna, Styria, Upper and Lower Austria and Carinthia. The manager will confirm what is for sale today and the exact price.

The market in brief

Market entryfrom $83,400 (two-room apartment in Leoben)

Average apartment price in the countryabout $4,660 per m² (2025)

Rental yieldfrom 2.5% a year before tax in Linz to 5.2% in Leoben, 3.1-3.7% in Vienna

Buying rulescitizens of countries outside the European Union - with a permit from the land transfer authority

Purchase costsa 3.5% purchase tax and 1.1% for the land register entry

Prices and rules as of 2026.

How much an apartment in Austria costs in 2026

Home prices in Austria are quoted in euros. According to Statistics Austria, in 2025 apartments across the country sold for an average of 4,162 euros per m², about $4,660, 4.4% more than a year earlier. Vienna is the most expensive at an average of $5,840 per m², followed by Vorarlberg, Salzburg and Tyrol at about $5,560-5,600. In Upper Austria an apartment costs an average of $3,780 per m², in Carinthia $3,650, in Lower Austria $3,460 and in Styria $3,080, half the Vienna price. In the second quarter of 2026 prices of existing apartments were 5.1% higher than a year earlier.

Federal state	Average apartment price per m²	Prices year on year
Vienna	~$5,840	+5.5%
Vorarlberg	~$5,600	+0.4%
Salzburg	~$5,570	+0.9%
Tyrol	~$5,560	+4.2%
Upper Austria	~$3,780	+5.4%
Carinthia	~$3,650	-2.6%
Lower Austria	~$3,460	+4.4%
Styria	~$3,080	0%
Burgenland	~$2,080	+0.5%

Statistics Austria data on apartment transaction prices for 2025; «Prices year on year» is the change against 2024. Euros converted at the European Central Bank rate of 1.1205 dollars per euro on 22 October 2026, dollars rounded.

What yield letting brings

The gross yield on long-term letting runs from 2.5% a year before tax in Linz to 5.2% in Leoben, and 3.1-3.7% in Vienna. According to the Statistics Austria microcensus, under new leases apartments let for an average of 10.9 euros per m² a month excluding service charges in Vienna, 8.9 euros in Styria and 8 euros in Lower Austria. A 50 m² two-room apartment in Floridsdorf lets for about $610 a month, in Graz for $500, a three-room apartment in Favoriten for $850, and in Leoben the rents of Styria's smaller towns apply - about $360 a month. The tenant usually pays service charges and building costs on top of the rent, and a fixed-term lease runs for at least three years.

Tax	Rate
Letting an apartment	income tax on the 0-55% scale on income after costs and 1.5% annual depreciation of the building
Selling an apartment	30% of the gain; tax-free only if the apartment was your main home for 2 years in a row since purchase or for 5 of the last 10 years
Every year	property tax - a fraction of a percent of an outdated assessed value, usually a few hundred euros a year; there is no wealth tax

Data for 2026: yield for the cities in the cards; the country comparison is in the rental yield table.

A non-resident also pays tax on rental income in Austria, the return is filed once a year, and the taxes of your own country have to be accounted for separately. In freehold apartments in buildings built after 1945 without state subsidies the market sets the rent, while in older buildings the tenancy law caps it, so we check the construction date before the purchase. Rates and examples are on the taxes in Austria page.

What costs to add to the property price

Payment	Amount
Purchase tax	3.5% of the apartment price
Land register entry	1.1% of the price for the title and 1.2% of the loan amount to register a mortgage
Contract and settlement	a lawyer or notary drafts the contract and holds the buyer's money in a trust account until the title is entered; the fee is usually 1-1.5% of the price plus 20% VAT
Broker	up to 3% of the price plus 20% VAT, if a broker found the apartment

Data for 2026. For a $164,800 apartment in Graz the purchase tax and the land register entry come to about $7,580; the lawyer, document translation and bank transfer fees are paid separately. The manager calculates the total for a specific property.

In Austria the permit and the letting rules are checked before the contract

Mistakes cost more than the deal: a contract without a permit clause, an apartment in a state where a non-resident will be refused, a rent cap in an old building, debts and a small repair fund in the building. Murblz support removes these risks: we select an apartment for your budget and goal, check the permit procedure, the land register extract and the letting rules, calculate tax and yield, agree the payment route and handle the deal until the title is entered in your name.

The cost of support depends on the purchase budget and the goal - letting or a home for yourself; the manager will calculate it in the chat.

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Buying with a land transfer permit for citizens of countries outside the European Union

Citizens of the European Union, the European Economic Area and Switzerland buy an apartment in Austria without a permit, while everyone else needs a permit from the land transfer authority of the federal state where the apartment is located. The contract is signed subject to the permit: in Vienna an application usually takes 6-12 weeks, and without a permit the deal is void and the title will not be entered in the land register. The rules differ by state: in Vienna, Styria, Upper and Lower Austria and Carinthia permits are granted for an apartment to live in or let, while in Tyrol, Salzburg and Vorarlberg the market is almost closed to non-residents, especially for second homes. That is why we check the state and the permit procedure before choosing an apartment.

Buying an apartment does not give a residence permit: status is obtained through work, study, family or as a financially independent person. The lawyer and the bank must check where the buyer's money comes from, and until the title is entered the money sits in a trust account, so we agree the payment route before the contract. The conditions for moving are on the Austrian residence permit page, and the manager will send a selection of apartments for your goal to the chat.

How we select a property

Budget and goal: letting or a home for yourself. The manager clarifies the city, the district and the permit procedure in the federal state.
Buyer's documents: passport, proof of the source of funds and the reasons for the purchase for the land transfer authority.
A selection of real properties and checks: the land register extract, mortgages and debts, the construction year and letting rules, the minutes of owners' meetings and the building repair fund - before the purchase offer.
The deal: a contract with a lawyer or notary subject to the permit, the money in a trust account, the land transfer permit and entry of the title in your name.

The manager sends the selection to the chat, with sellers' prices on the date of the selection.

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Options in other countries

Investment property in other countries:

FAQ

How much does an apartment in Austria cost in 2026?

A two-room apartment in Leoben costs $83,400, in St. Pölten $146,100, in Graz $164,800 and in Vienna $234,400, and a three-room apartment in Vienna $279,100. In 2025 apartments across the country sold for an average of $4,660 per m², in Vienna for $5,840.

Can a foreigner buy an apartment in Austria?

Yes. Citizens of the European Union and Switzerland buy without a permit, everyone else with a permit from the land transfer authority of the federal state. In Vienna an application takes 6-12 weeks, while in Tyrol, Salzburg and Vorarlberg the market is almost closed to non-residents.

Does buying property in Austria give a residence permit?

Buying property does not give a residence permit. Status is obtained through work, study, family or as a financially independent person, and an apartment for letting can be bought without moving.

What yield does letting an apartment in Austria bring?

From 2.5% a year before tax in Linz to 5.2% in Leoben, and 3.1-3.7% in Vienna. Rental income is taxed on the income tax scale after costs and 1.5% annual depreciation of the building.

What tax is paid when buying property in Austria?

A 3.5% purchase tax and 1.1% for entering the title in the land register. For a $164,800 apartment in Graz that is about $7,580.

What are the costs of buying property in Austria?

The 3.5% purchase tax, 1.1% for the land register entry, a lawyer or notary - usually 1-1.5% of the price plus VAT, and a broker - up to 3% plus VAT if a broker found the apartment. With a mortgage, 1.2% of the loan amount is added to register it.

Where in Austria can an apartment not be let at a free rent?

In old buildings built before 1945 and in state-subsidised buildings the law caps the rent. In freehold apartments in buildings built after 1945 without subsidies the market sets the rent, so we check the construction year before the purchase.

Where to buy an apartment for investment in Austria?

Leoben, St. Pölten and Wels - for market entry from $83,400 and a yield of 4-5.2%: apartments near universities and factories here are rented by students and professionals. Vienna and Graz - for letting on the country's largest markets.

Investment property in Austria: what to buy and what it costs

Two-room apartment in Göss district

Two-room apartment in Spratzern district

Two-room apartment in St. Ruprecht district

Two-room apartment in Eggenberg district

Three-room apartment in Vogelweide district

Two-room apartment in Floridsdorf

Two-room apartment in Urfahr district

Three-room apartment in Favoriten

What properties investors buy in Austria

How much an apartment in Austria costs in 2026

What yield letting brings

What costs to add to the property price

Buying with a land transfer permit for citizens of countries outside the European Union

How we select a property

Options in other countries

FAQ

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