When purchasing real estate in Austria, it is necessary to pay the transfer of ownership tax.

The tax rate for the buyer constitutes 3.5% of the property value, plus the buyer must pay a fee for the registration in the land registry to the amount of 1.1% of the purchase price. The fee for the services of a realtor constitutes 3% + 20% VAT. The cost of a lawyer's services is 1-2% + 20% VAT.

Taxes on the purchase of property

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Anna Pilnikova
Real estate agent