Austria’s investment market is firmly back: €4.2 billion transacted in 2025, 41 percent of it international capital – including the Gulf, with Abu Dhabi’s Eagle Hills acquiring the Ritz-Carlton Vienna. We are the Viennese counterpart: licensed brokerage and asset advisory at Kärntner Ring, with regular presence in Dubai.
Gross prime yields, year-end 2025. Vienna is not a yield play – it is a preservation play with income: full land-registry title, euro-denominated, in one of the world’s most stable jurisdictions.
| Asset class | Gross prime yield | Notes |
|---|---|---|
| Residential / Zinshaus | 4.0 % | The classic Viennese apartment building – scarcest, most sought-after segment |
| Office | 4.75 % | Prime Vienna locations, large tickets returning to the market |
| High-street retail | 4.70 % | Inner-city trophy locations, structurally short supply |
| Logistics & industrial | 5.10 % | Rising owner-occupier and SME demand |
| Hotel | 5.40 % | International buyer groups active – see the Ritz-Carlton precedent |
Yields: CBRE Austria, 2025 review. Every asset is priced individually – gross and net of Austrian tax. We model both before you commit.
We sell Vienna the way we sell everything: with numbers, including the inconvenient ones. Licensed real estate brokerage and licensed asset advisory under one roof.
Land-transfer law is provincial law – nine provinces, nine statutes. EU/EEA citizens are treated like Austrians almost everywhere; the rules below concern non-EU buyers. Corporate vehicles, foundations and associations majority-owned by non-EU persons count as foreign, and bilateral treaties exempt certain nationalities entirely. As a rule, buying apartments, houses and building land is easier than acquiring agricultural land or properties for secondary residences, where partly strict rules apply.
| Province | Non-EU acquisition | In practice |
|---|---|---|
| Vienna | Permit – routine | Own statute (WrAuslGEG) with an established process; EU/EEA buyers declare the admissibility of the acquisition in the contract or obtain a simple negative clearance from the land-transfer authority on application. Our home market. |
| Lower Austria | Permit | Building land and apartments are unrestricted for EU/EEA; separate approval track for non-EU buyers, generally moderate outside tourist zones. There is no province-wide secondary-residence ordinance – whether second homes are permitted depends on the zoning plan of the individual municipality. |
| Upper Austria | Permit | Standard approval via the district authority; EU/EEA buyers are treated as locals. Leisure-residence acquisitions are restricted in designated (tourist) reserve areas. |
| Salzburg | Permit – strict on leisure use | Approval by the district authority; strict second-home rules apply even to EU buyers – primary-residence or investment use is the viable route. |
| Tyrol | Permit – strictest rules | Approval with usage commitments; new leisure residences are barred in many municipalities. |
| Vorarlberg | Permit – strict | Comparable to Tyrol: tight leisure-residence rules, full approval procedure for non-EU buyers. |
| Styria | Permit – Graz exempt | Approval required in most of the province; the city of Graz waives it for third-country buyers – a notable opening. |
| Carinthia | Permit – lakefront sensitive | Approval required; EU/EEA buyers are treated as locals. Lakeside locations face the closest scrutiny. |
| Burgenland | Permit – recently eased | Moderate rules after recent liberalisation; stricter near the lakes. |
Status 2026; permits are typically granted where the buyer poses no risk to state interests and a cultural, social or economic interest in the acquisition is shown – the latter not merely claimed but, where required, substantiated, for instance through job creation. Contracts are signed subject to approval. Rules change and details decide – we verify every acquisition with specialised Austrian counsel before you commit.
One counterpart in both markets: strategy in Dubai or online, execution in Vienna, management afterwards.
We maintain a structured register of qualified buyers – from Vienna to Dubai. The more precise your profile, the earlier you hear from us: off-market mandates reach registered investors before the market sees them.
Your details are transmitted by e-mail to office@immotrading.at and used exclusively for property matching and our buyer register. No disclosure to third parties; deletion at any time on request.
Alternatively, create a search profile in our service portal – new mandates are matched against it automatically.
Yes. Non-EU nationals require a land-transfer permit under Vienna's foreign acquisition rules, and well-established routes exist – either a personal permit or acquisition through an Austrian holding structure. We manage the approval process end to end, in English, together with specialised Austrian counsel. EU citizens buy without restriction.
Prime Viennese residential currently yields around 4.0 percent gross; offices around 4.75 percent, high-street retail 4.70, logistics 5.10 and hotels about 5.40 percent. Vienna is a preservation market: the return profile combines moderate income with exceptional title security, euro diversification and long-term value stability.
Rental income from Austrian property is taxed in Austria – for individuals at progressive rates, for corporate structures at corporate rates. Purchase costs include 3.5 percent transfer tax and 1.1 percent registration fee. We model the net return for your specific structure before you commit, together with your tax advisors.
The Zinshaus is Vienna's classic residential investment: a period apartment building, typically from the Gründerzeit era, held for rental income and generational wealth transfer. It is the scarcest and most sought-after asset class in the city – trading at around 4 percent gross yield, largely off-market, among family offices and foundations.
Yes. A significant share of Viennese investment sales never reaches a portal. We run a structured register of qualified buyers and match incoming mandates against it first – registered investors see suitable assets before the market does. Registration is free, confidential and non-binding.
Register your acquisition profile below or request an introduction by e-mail. We hold strategy meetings in Dubai or online – we are in the Emirates regularly. The first conversation is without obligation and takes half an hour.
Strategy meetings in Dubai or online – we are in the Emirates regularly, and at Kärntner Ring every day. The first conversation is without obligation and takes half an hour.
+43 664 350 4000 office@immotrading.at