AUSTRIA: Buying into the heart of Europe
August 8th, 2007 by Ines
Until now, few property buyers have considered Austria. A reason for its unpopularity could have been the restrictions on foreign property ownership, yet joining the EU in 1995 saw these laws lifted.
Austria, with a population of only eight million, is by no means crowded and has a stable property market. In the heart of Europe, it contains gorgeous cities, such as Vienna and Salzburg, the latter being the birthplace of Mozart and home of The Sound of Music. Austria’s central location means that other fab cities outside the country, like Prague and Venice, are nearby.
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