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AUSTRIAN PROPERTY FOR SALE
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Last updated 19th November 2008 Property for Sale in Austria
The
current mortgage rate is between 4.25 and 5.50% dependent on type and
also any special offers that the Banks are promoting(not many at the moment but you can still get fixed rates). To give an idea a
100,000 Euro mortgage will cost on average 540 euro per month. So it can
make sense to keep your money in a high interest account and
use the interest gained to pay for an Austrian Mortgage. Unless you are concerned about your bank and the safety of your money, then maybe it is best to put it all in Austrian property. Unlike the UK, it does not have any price corrections to worry about!! Receive an Austrian Mortgage Quote We now have a dedicated Experienced Austrian Mortage advisor on our team, so if you have need of some mortgage advice about buying in Austria or a quote, just email us at: sales@amazingaustria.com Austria proves to be a good option for property investment Research
by Channel 4 programme 'A Place in the Sun' estimated that £100,000 of
property investment in Austria could be worth £311,000 in 10 years
time. An increase of 211% putting it ahead of Cyprus, France, Spain and
Italy!! This is attracting mature investors looking to get a foot on the ladder, make some rental income and have a home to retire to when they want. The Daily Telegraph had a very good article on Austrian property and it's fantastic snow. If you want to read the article here is the link: Property for sale in Austria is still very reasonably priced, in comparison to the Mediterranean countries, as a studio apartment can start from as little as Euro 29,000! We have introduced a new extended email monitoring and reply service until 10pm UK time, to give you time to make your enquiry after a busy day at work. Lakes and mountains still popular Property around the Lakes are popular at all times. As most are only a short drive from Salzburg, one can see the attraction. They are a year round destination and perfect for summer and winter holidays. From Zell am see just west of Salzburg to the famous Wolfgangsee to the south, named after Amadeus Wolfgang Mozart. The ski region of Bad Gastein is also having a surge, as buyers discover that you can buy for much less than the well known areas such as Schladming. Prices are rising in the lake areas, but you can still find a bargain if you look! Take a look at the properties below and email us of you see something that you like. Check out the regions at www.wolfgangsee.at Looking for a hotel when viewing property WE can recommend our colleagues at the Bergrose hotel. Besides their hotel rooms, they have a choice of apartments. What better way to find out if you like the idea of apartment living!! check out www.bergrose.at Driving to Austria to check out Property Driving is very satisfying as you are completely in control of your journey and you also have a car to visit various areas and properties in Austria. Check out our Driving to Austria page for advice. Property list last updated 20th November 2008 Here are the recommended Amazing property bargains this Month. 1. Our best value Ski apartment. Perfect for walking or ski-ing- It is a studio apartment in the village of St Gilgen only 10 minutes from the lake and 10 mins to the cable car. Superb views over some of the ski mountains of Austria. Ref: St Gilgen/SR/38k - Pick up a bargain... It is priced at only 38,000 Euro - email us:sales@amazingaustria.com 2. Our best value Studio. situated near Bad Ischl and within 20 minutes of Postalm ski area. Entrance hall, kitchenline, bathroom, Lounge/bedroom, Glazed balcony. Super situation for the ski slopes of the Postalm or Dachstein area and also Bad Ischl nite life!! Ref: RN/379/Studio It is priced at only 29,000 Euro!! sales@amazingaustria.com 3. 2 bedroom apartment overlooking Lake Traunsee. Ref/IT/057 If you would like further information and photographs of particular properties, simply email us:sales@amazingaustria.comWe answer email enquiries as quickly as possible but please can you check that your spam filter is set to accept, as we have had many emails disappear into these boxes never to see the light of day! It is then that you might think we have not replied to your enquiries!! New extended email monitoring and reply service until 10pm UK time, to give you time to make your enquiry after a busy day at work. So we can effectively get back to you first thing the following morning. Best City Bargain - Salzburg SR2797- Studio apartment on forth floor of a very well maintained house with a lift and recently renovated quite extensively. Situated in a central residential area and a short walk to centre and rail station. The apartment consists of: Entrance hall, Kitchenette, Lounge/bedroom which leads to glazed balcony. Bathroom/wc. There is also a storage cellar. 56.000 Euros!! For more city property click here Best 2 bed at only 88,000 Euro ! IT/057- 2 bedroom apartment at Altmunster with views over lake. Completly furnished with Hall, 2 bedrooms, living room, kitchen, bath, WC, glassed-in balcony and large terrace with garden house. A perfect holiday home.email us:sales@amazingaustria.com Below is our small ad selection of available properties. It is not exhaustive, so check out our other property pages or email us, if you have a specific requirement. sales@amazingaustria.com
Propety for Sale - Bad Ischl R/445 - Studio apartment overlooking the cable car and superb views to the mountains from south facing balcony. Entrance hall, lounge,/bedroom, kitchen, bath/wc. large balcony. 46,000 euross R/427 - One bedroom apartment near town centre, superb views to the mountains from south facing balcony. Hall, wc, lounge, bedroom with bathrm kitchen. 57,000 euross, R/428 - 3 bedroom top floor apartment near to ski lift and with good views to the mountains. Hall, wc, lounge + balcony, 3 bedroom s, bathrm, kitchen. 129,000 euross For more property,Check out the Spotlight Page for Bad Ischl on our front page . GMUNDEN & AREA In the village of Altmunster at Lake Traunsee. Completly furnished apartment with 2 bedrooms, living room, kitchen, bath, WC, glassed-in Loggia and large terrace with garden house. A perfect holiday flat and already for renting! Parking: enough parking space - Outside facilities: Large terrace of 230m² A bargain at the price 88,000 Euro - ref/IT/057 For more lake property click herePropety for Sale - Maria Alm Large 30 mtr2 studio apartment Fully furnished and only 300 mtrs from the village centre. With a large 9 mtrs of Balcony & parking place. Only 49,000 Euros Ref: RF/679 Maria Alm Propety for Sale - Mondsee SR/10 - Large ground floor Studio apartment of 36 sq mtrs, with terrace, near to Village centre and short walk to lake, 63,500 Euros SR/12 - Two bedroom apartment with Lounge/dining, kitchen, bath/wc , near to Village centre and short walk to lake, 135000 Euros IT/mond - one bedroom apartment with Lounge/dining, kitchen, bath/wc, Large terrace - short walk to lake, 130,000 Euros If you would like further information and photographs of particular properties, simply email us:sales@amazingaustria.com We answer email enquiries as quickly as possible but please can you check that your spam filter is set to accept, as we have had many emails disappear into these boxes never to see the light of day! It is then that you might think we have not replied to your enquiries!! New extended email monitoring and reply service until 10pm UK time, to give you time to make your enquiry after a busy day at work.Propety for Sale - St Gilgen SG/258 - One bed residential apartment. Hall, Lounge, kitchen, bathroom. Centre of village, great for retirement or long term rental investment. 84,950 Euros SG/257- 2 bed room residential penthouse apartment in centre of village near to Mozartplatz. views in every direction great for retirement or long term rental investment. 159,600 Euros SG/259 - One bed residential apartment. Hall, Loungr, kitchen, bathroom. balcony, Centre of village, great for retirement or long term rental investment. 101,500 Euros RF/St.Gilgen -Studio apartment with fantastic lake and mountain views. short walk to lake. Hall, lounge/bedroom, kitchen, bathroom, wc, balcony. 71,500 Euros RF/3.St Gilgen -3 beda partment with great lake and mountain views. 10 minutes walk to lake. Hall, lounge ,3 bedroom, kitchen, bathroom, wc, balcony. 180,000 Euros CG/Pr - St Gilgen -Terrace apartment with garden and great mountain views. 10 minutes walk to lake. Hall, lounge, 2 bedroom, kitchen, bathroom, wc, terrace. 175,000 Euros For more lake property click here
Propety for Sale - St Wolfgang R419/Reid - Large one bedroom apartment with super lake views. Lounge/dining, Kitchen, bath, wc. - 81,900 Euros WR/Reid - Superb family house. in a quiet area at lakeside in Reid/St Wolfgang - Lake and mountain views. 146 sq mtrs of living space and over 1300 sq mtrs of grounds. A rare opportunity to own this type of property. Priced at 350,000 euros - possibility to buy private bathing place, with the house. Propety for Sale - Strobl am Wolfgangsee SH/719 - Large 91 sq mtr - 2 bedroom rooftop apartment at Weissenbach, Strobl. in a building of only 9 apartments. This property also has a garage and a storage cellar. 230,000 RF/Strobl/02 - 2 bedroom apartment, in quiet area near to village centre. Hall, Lounge, 2 bedrooms, bathroom, wc. 144,000 Euro Propety for Sale - Unken - near Lofer This is a small village near to Lofer and the ski cicus areas. It is only a short drive from Salzburg AA/Unken - Beautifully renovated town house in the centre of the village and near to Church. 3 bedrooms, loumge/Dining, kitchen, bathroom, WC. - 235,000 Euro Property wanted In Austria and particularly around Wolfgangsee - Client has a villa in Menorca to swap, sales@amazingaustria.com Helping you to find... and buy your property in Austria! |
![]() ![]() ![]() Where to park your car for your visit to Austria
Check out the flights from your local airport to Austria for your property viewing
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Last news update - 24/11/08 - Property for sale in Austria Easyjet flights start 13th December. We are pleased that there is another route to Austria. Easyjet's new service to Salzburg commences on 13th December. They fly from Gatwick, which has all the road connections you should need. You can check out the prices at www.easyjet.com Last news update - 21/11/08 But, it is always worthwhile in the end...particularly the aroma of Glu-Wein and roasted chestnuts wafting in the streets. Our own village of St Gilgen always installs an Ice rink, much to the joy of the local children and visitors. And each village around the lake has it's own theme. But it is best to visit for yourself and enjoy all that is Advent in Austria. news update - 27/10/08 - Property for sale in Austria The client had come to view quite a few properties in different regions of Austria, for which we had made all the viewing appointments. The client asked about banks and mortgages, so we managed to arrange an appointment with our local bank manager. We did this at short notice the morning the client was returning to UK. So all was well...and, a very happy client, we thought? Ah...but we had not thought our good service would cause a problem!! When we later spoke with the client, she said she had delayed any purchase decision because...this part she was embarrassed to say...She had thought that everything had went to smoothly that it could only be a set up to get her to part with her money!!! Particularly, when she met the local bank manager at short notice. She had thought that it was someone who had rented a room at the bank...and they were not really the manager, but someone trying to get her to send her money to them in Austria!! She finally decided that it would have been impossible to rent a room at a major Austrian bank to run a scam!! We were shocked at first, but then saw the funny side. The client has lived so long in London...where it seems that no one trusts anyone!! Salutary lesson here. Being very helpful does not always appear to clients as we assume!! 17/10/08 - Property for sale in Austria We have discovered a new effect from the property and financial crisis...Sellers are now taking their proeprty of the market!! The reason being they say, that they do not know where to invest the money from a sale and it is safer to keep the property!! 10/10/08 - Property for sale in Austria Prices in Austria have always been a bargain compared to the UK and remain so. You can still get a nice one bedroom apartment for under 60,000 Euro!! So, it is still sensible to invest in Austria. Whether for holiday home, long term investment or long term rental of your property. Only 55,000 Euro..There are still bargains around!! Main residence or second home?? . Many buyers ask us the question..."Why can I not buy this apartment and rent it out for holidays?" Well part of the reason is to maintain the price levels in a locality, so that local people can afford to buy a home. There is no bias towards overseas buyers as the rules apply to Austrian citizens from other regions just a equally. When a property is desinated as main residence, it is expected of people who buy in the area to come live there are contribute to the local community. To keep alive village life and schools for the children.The property market in Austria is affected by UK. The mortgage crisis in the UK and America has had a knock on effect with fewer buyers visiting Austria at the moment. Most seem to be waiting to see if the doom and gloom lifts in the UK! Visiting Austria to view Property Our colleagues at The Bergrose Hotel at Strobl on Lake Wolfgang will be offering 7 nights for the price of 6 from 20th September to the end of October. Contact heidi at the hotel - you can email: office@bergrose.at New 3 bedroom house for only 120,000 Euro!! ....So Can it be possible...well, that is what a few of our local house building companies are offering. Of course it does not include the land, but it does include almost everything else!! This could be the way forward to get a bargain new home. Find a plot of land and have your house build to spec. If you would like some more information on these projects, email us sales@amazingaustria.com Should you buy a property in Austria or wait? On
the day when Sterling base rates went down to 5 per cent The
Independent's headline was "The currency crunch". An 80p Euro was a big
deal...So What went wrong?
Investors fell out of love with Sterling. It has been going down
since the writing appeared on Northern Rock's wall back in September.
The technical picture still points to Euro 1.20 for Sterling. So..What is the problem? The economic slowdown affecting the United States has made its presence felt in Britain. Sterling interest rates are going down. Investors don't hang around for smaller and smaller returns; they put their money somewhere else. And then what?
The global nature of the economy will make it difficult for other
currencies to stay out of the mire. When that penny drops, the Euro, the
Swiss Franc, and a few other currencies should have their day of
reckoning. And the outcome? Sterling is close to a turning point. It may already have happened. Can you bet the house on it? No! Is it reasonable to look for a currency correction? Yes. We will not return to last year's highs but we may well see Sterling/Euro in the mid-1.30s by summer. So the question is, should you buy a property or wait? Well, sterling might creep up a little, but then there is the emerging buyer from the new Eastern EU members, and they are driving prices. So, all in all, it is a personal choice whether to wait for a better exchange rate or wait for the property prices to rise.Property even more in demand!! Clients who bought when
the exchange was above 1.40 euro last year, have already made a gain.
on their property. It is difficult for anyone to say what will happen
with exchange rates, but the consensus is that the Euro is getting
stronger. the spot rate today 2/4/08 is 1.26. Many people are sitting
on the fence waiting to see what happens but wherever one buys in
Europe it is going to be the same. So what to do? Well...many
of our
clients are taking the maximum Austrian mortgage availabale, thereby
transferring
the least amount of sterling. This has saved lots of money on exchange
rate and on transfer charges. One of the local Austrian banks is
offering mortages at 2.5%..yes you read that correctly, 2.5% !! With so
many EU citizens on the move with their Job or retirement, it makse
sense to check out all available methods to save money. Austrian Mortgage rates and buying in Austria We now have a dedicated Experienced Austrian Mortage advisor on our team, so if you have need of some mortage advice about buying in Austria or a quote, just email us. sales@amazingaustria.com Austrian lakes promotion The property market in Austria is set to benefit
from Euro 2008, according to some property industry experts. Some of the major investment companies, noted that 'property-dense areas such as Vienna and southern Austria are almost certain to gain from this prestigious sporting event'. The potential impact the events will have on the country can only be positive, as many people who have never visited Austria will arrive and many will decide to invest in the country. In contrast to other countries with ski resorts, Austria's appeal lies in its traditional culture and all-round tourism.. the country was placed 16th in Channel 4 programme A Place In The Sun's list of the 20 Best Places To Make Money. Many people are buying specifically in Austria, for the summers, which the property market does not get in Switzerland or France!! New International School Latest Austrian hotspots! Two that we will be featuring this month are Lake Traunsee and the Kaiser town of Bad Ischl. Here you can still still pick up bargains from £27,000 for a studio and from £36,000 for a one bedroom apartment. Both are within an hour of Salzburg. Bad Ischl is near to the ski region Dachstein West. Traunsee is further from the major ski areas, but you have the benefit of fantastic golf courses and the yachting on the lake. So this area ios superb for the boatng enthusiast. We will be launching two new hotspot pages next week, so keep a look out. Forty percent of British plan to retire abroad! At the end of last year another television programme popped up on our screens showing a couple looking for property in Austria. The programme 'Home or Away' followed a young couple interested in a holiday home in either Norfolk or Austria. The programme did not really do justice to some of the beautiful areaas of the Salzkammergut and certainly the researchers of the programme did not, I feel do their home work with regards to property!! There are many bargains to be had in Austria but there are also some restrictions. These are in place to protect areas from becoming tourist ghettos with empty property when the season has finished. You can buy certain property but it must only be used for yourself and not commecrcially let for holidays. If you want to do this then there are plenty of what are called FerianWohnungen.These can be let for holidays all year. If you have any queries about what you can and cannot do, then please drop us an email. Property sales have stayed very high, with the most popular regions being the Lakes of the Salzkammergut. Salzburg is now becoming of interest as more people look at the possibilities of investment rather than just a holiday apartment Salzburg like any city needs rental property for worers and at the moment there is not enough property on the rental market. THis is where our cliens are now considering investing ther money. Yields are approx 6-7% plus the steady increase in property values. Many more of our clients are also making a lifestyle choice and moving to Austria to set up business or retire. Demand for Guesthouses is on the increase. Gaining in popularity Two areas are gaining in popularity. That is around the Spa town of Bad Ischl. At the moment prices are extremely reasonable, with a one bedroom apartment selling for 45,000 Euro. The increase in interest in this town is because as it is near to the Dachstein and Postalm ski areas. also it is less than an hour from Salzburg airport. The other area is the city of Salzburg. This city is great for long term rental investment as there is a lack of rental property for workers. So it is worth to consider if one is wanting a long term investment. So it is possible to buy with an Austrian mortgage and this is paid from rental income. Also if one invests in a new property for rental there is no VAT to pay. Then after 10 years there is no capital gains to pay. Research shows Austria a good option Research by Channel 4 programme 'A Place in the Sun' estimated that £100,000 of property investment in Austria could be worth £311,000 in 10 years time. An increase of 211% putting it ahead of Cyprus, France, Spain and Italy!! This seems to be confirmed by the strong demand for property in all areas of Austria but particularly in the Salzkammergut, with it's easy access to Salzburg airport. www.channel4.com/4homes |