Real Estate Glossary

Ablöse = charges for fixtures and fittings (e.g. kitchen left in) ablösefrei = no charges for fixtures and fittings Alle Zimmer zentral begehbar = all rooms can be accessed from a hallway (rather than going through a room to get to another room) Altbau = pre-war building (usually has high ceilings) Aufzug = lift Bad…

Buying property in Austria

One of the particular features of buying property in Austria is that fact the the ancillary costs in relation to the purchase are pretty high – apparently among the highest in Europe, with ancillary costs when buying property in Austria being around 10-11% of the purchase price (e.g. on a property costing EUR 250,000 between EUR…