Why buy property in Austria
Amid the world of Alpine holiday homes, Austria is the new kid on the block. It's cheaper than France and easy to buy in, but it has only just begun to make the transition from holiday destination to second-home market. This Central European country has some of the most attractive ski resorts in the Alps and the fastest-growing summer tourism levels in the EU.
Austria benefits from a very low crime rate with no organized crime; it is a very safe country in which to live and visit. Austria is a politically stable country and is a valued member of the EU which it joined in 1995. There is no discernable corruption in the legal system or police. There is a highly developed, stable and well organized banking system. Austria has a thriving economy and is one of the wealthiest EU countries as measured by per capita GDP. In addition unemployment is extremely low.
The people of Austria enjoy a high standard of living and relatively speaking, the cost of living is reasonable. Austria benefits from an excellent, modern and well-funded infrastructure e.g. the health service, schools, roads, public transport systems etc.
There is a well-established and stable home property market with many reasonably priced properties. Property tends to be extremely well built. There are two enjoyable and long letting seasons per year, thus increasing your personal enjoyment and letting potential. Therefore, with good advertising, good rental potential is a probability, both in the Alps and the main cities.
Austria looks after the environment very well and hence the country is extremely clean and can boast of lakes, rivers and streams that you can drink! In addition, the Alpine air is incredibly clean, fresh and invigorating. Austria has both wonderful cities of culture and some of the most beautiful natural scenery in the world.
For the sporting, there is available almost every outdoor activity you can think of, including: all year round skiing, excellent summer golfing, hiking/nordic walking, river rafting and canyoning, horse riding, cycling, mountain biking, paragliding and many other sports and pastimes.