Investment apartments in Austria
We are constantly expanding the offer of apartments in Austrian ski resorts. These apartments may already have a contract with a short-term rental company as part of the transaction, and in the case of a client's interest. Therefore, the investor will have a regular rental income based on the occupancy of the apartments and at the same time he may reserve his apartment for himself at pre-agreed dates.
Why invest in Austria?
• Austria is a country with a stable financial and political environment.
• Stable and solid real estate market with no extreme fluctuations but constant growth.
• No mass development of projects, but strong regulation that balances supply and demand.
• Mortgage payments, if any, can be deducted from rental income in Austria.
• Austria has no inheritance, gift tax or property tax.
Under Austrian law, such apartments must already have a special status in the occupancy permit. In some cases, it is possible to buy apartments for your own use only, and at other times they are liable for their commercial lease. This is always dependent on a particular project. In the case of purchase for the purpose of commercial renting (with the possibility of personal use mostly 4 weeks a year, it also depends on the particular project) VAT will be refunded to the buyer from the price of the apartment. Our services also include securing financing, for example, by means of a mortgage from a bank in the Czech Republic, with the possibility of guaranteeing real estate both in the Czech Republic and acquired property in Austria. For each purchase of property in Austria, ancillary charges amount to about 10% of the purchase price incl. VAT (3.5% tax, 2% legal service, 3.5% commission to Austrian retailer, 1.1% land registry fee).
In some cases, Invest & Design does not charge you a commission if we are paid by the seller or we charge a standard brokerage commission of 3,5% of the purchase price + VAT. You can find this information in each menu. In all cases, the price of our services includes continuous assistance in the Czech language during the entire purchase process, from the selection of the appropriate property to the actual handover of the property, possible translation of the contractual documentation into the Czech language and assessment by a Czech legal representative, personal assistance in Austria in Czech .