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Jackie Colson-Miller

Jackie Colson-Miller, CIPS
Direct - (813)629-5757
Homeward Real Estate
3401 Henderson Blvd
Tampa, FL 33609
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How to Buy Real Estate in Vienna, Austria

http://video.google.com/videoplay?docid=-8503686024109817367Austria is a picturesque country which bridges the gap between Eastern and Western Europe, so it is a convenient place to live for those who enjoy traveling across the continent.

Vienna, which is always highly-ranked in the Best Places to Live lists, is a very livable citymoderate in size, rich in amenities and culture, filled with parks and museums.

The Real Estate market is very tight, with few rental vacancies or properties for sale in the City Center. Prices range from $900/square foot for a luxury property in a prime district to $100/square foot for a fixer upper on the outskirts of the city. Foreigners may buy property here after a background check is completed, which can take 3 6 months. Commissions are regulated by the government, with buyer and seller each paying his/her own agent and total closing costs to the buyer would be about 10% of the total purchase price. Annual property taxes are very reasonable at 1% of the value.

Mortgages are available and the current interest rate is 5 5.25%.

Vienna makes the short list of cities I would like to live in! If you would like more information about buying property in Austria, please contact me.

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One Response to “How to Buy Real Estate in Vienna, Austria”

  1. Leigh Ann Quinlan says:

    You go Girl!! Very proud of you.

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