Austria is a very developed economically and cultural country that is located in the middle of Europe. Economic and political stability, high standard of living attract investors to the country. Austria is also distinguished by the incredible beauty of nature. Alps give an opportunity for outdoor activities, but the developed infrastructure contributes to this rest – hotels, recreation centers, ski resorts, restaurants. The Austrian real estate market is very stable, and investors who invest in Austrian real estate can be confident in the safety of their investments. Rising real estate prices in Austria is very stable and is about 3-4% per year, without sharp jumps. Due to the fact that high living conditions are throughout the country, there are no particular differences in prices. Infrastructure is developed the same throughout the territory. In Vienna, apartments prices, as well as apartments in Montenegro, vary from 100 thousand. dollars up to 350 thousand. dollars. Interestingly, the price more depends on the area, and not on the location of the apartments. So, for example, an apartment in 50 square meters. meters in a prestigious area will cost less than 50% of the apartment in a less prestigious area of 150 square meters. meters. As for the repair of the apartment, it costs quite expensive, because cosmetic repairs should be tried to do it yourself. Buying real estate in Austria by foreigners is not a simple thing, because even the Austrians themselves need to take permission to buy real estate in the municipality, what to talk about foreign citizens. In order for you to be allowed to purchase real estate in Austria, you need to indicate why you are buying this real estate, then the Austrian authorities individually consider your statement and make a decision. The reason for such difficulties is the desire of the authorities to maintain the security of the country. In addition, the Austrian authorities do not allow foreigners to speculate Austrian real estate. Most often, villas and apartments are purchased for their subsequent rental, as well as the private sector in Montenegro. This makes it possible to additional income if you do not plan to live in Austria. Safe, beautiful and reliable Austria is very attractive for investment, because if you are not scared by small difficulties with the design of papers, then you should purchase real estate here.
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