The process of renting apartments in Austria: how to find with or without a realtor, the procedure – what to look for when inspecting real estate.
Most expats who come to Austria start their lives in this country by renting an apartment. This is the easiest and most convenient way to start life in a new place, to get comfortable. If you want to buy real estate in Austria, the initial lease will allow you to get enough time to decide on the ideal area of residence and type of property for yourself, and thus make a more successful purchase.
If there are no plans to buy housing, long-term rent is what will suit you. In Austria, even local people tend to rent rather than buy apartments. In our article, we will tell you everything you need to know before you start choosing an apartment for rent.
To rent an apartment in Austria, a foreigner will have to go through the following steps:
It is important to note that the rental market is a landlord market, not a tenant market, and there are many requirements for this.
Before you rent out your home, you will most likely be required to show your employment contract to see how much you earn. And you may actually be refused to conclude an agreement if you do not agree with one of the clauses of the agreement. Before signing a contract and paying, it is very important to find out which furniture and household items remain and which do not, so as not to run into additional expenses.
When choosing a rental, you need to clearly understand that paying for a month is not all the expenses that will expect you at the beginning of the rental period. There are several important concepts to keep in mind when comparing options.
But there is also a good side in it. If you move out of your rented apartment, you can also "sell" the furniture you bought to the next tenant.
Austrian law allows landlords to demand prepayment for the first six months of their residence. However, this opportunity is not used by all property owners. Usually, to rent an apartment in Austria, the tenant will have to pay for 2-3 months. The amount includes the tax and the cost of the communal apartment.
The Austrian real estate market is very diverse, and therefore prices can vary significantly here. The rental price depends on the following criteria:
Of course, in large cities it will be more expensive to rent an apartment in Austria. The same goes for the prestigious areas located in the center.
The cheapest option is a small apartment. The most expensive is the villa.
The area of the smallest studio apartments can start from 35 m2.
We'll consider the average cost of real estate in Vienna. An apartment in the city center with one bedroom costs from 710 euros per month, on the outskirts - from 530 euros per month.
The situation is mostly similar in Salzburg. One-room apartment will cost you around 500 euros, a two-room apartment - from 600 to 800 euros, a three-room apartment - from 800-900 to 1000-1200 euros and so on.
The cities of Austria differ not only in the peculiarities of the landscape, but also in the value of real estate. Let's take a look at some of the most attractive places to live in.
This city is considered the musical capital of Europe. The Danube flows on one side of the city, on the other side there is the Vienna Woods.
As a result of the intersection of many cultures, the architecture in Vienna is truly unique. And although many buildings were damaged during the war, most of them have been reconstructed since then.
In recent years, the city has been among the top ten places to live. In all respects, Vienna is able to offer a high standard of living and service, which attracts many investors who want to invest in real estate here. Nevertheless, it is cheaper to buy or rent housing here than in a number of European capitals.
This federal district is considered the largest in Austria. It is located next to Vienna. The areas adjacent to the capital, especially those on the Vienna Woods side, are of the greatest interest in terms of buying real estate.
The region is famous for its thermal springs, thanks to which a large number of resort areas have appeared here. A special place for tourists is the city of Baden, which is located only 25 km from Vienna. The town is located at an altitude of about 250 m above sea level, surrounded by forest, fields and vineyards.
An ideal place for lovers of active winter holidays. Styria is home to many of the cleanest lakes with picturesque nature. There are also dozens of ski slopes with a total length of 750 km.
The south of the province is planted with vineyards. Numerous hiking trails lead to the wine taverns.
An independent search for housing without contacting a realtor is possible, for this you can search for ads for renting apartments without intermediaries on specialized sites. However, this option is much more difficult than contacting specialists.
The fact is that about 90 percent of new properties are rented through realtors. Therefore, it is obvious that the best apartments do not end up on rental sites without intermediaries. Most of the real estate in Vienna is rented by investors and building owners, they do not want to communicate with tenants directly.
In addition, contacting agents has a number of other advantages.
However, it is important to understand that you will have to pay a commission to the realtor to conclude the transaction. Agency commission is charged depending on the cost of the lease, while, by law, it cannot exceed the amount of lease per month for short-term leases, and two months in case of long-term leases.