FAQs
Every question deserves clear answers.
Whether buying, selling, or renting: Real estate decisions are never just numbers and contracts. They are connected to emotions - with hopes, plans, and sometimes uncertainties. Especially when buying, selling, or renting a property, many questions arise: How does the process work? What documents do I need? And what additional costs will I incur when buying property in Austria?
That's precisely why we take the time to answer your questions - both big and small. Our answers provide guidance on topics such as additional expenses when buying an apartment in Austria, additional purchase costs when buying a house, and even land registry registration - understandable, honest, and always with an eye on what really matters to you.
FAQs Glorit Real Estate Agency in Vienna
Because experience builds trust. For more than 50 years, Glorit has stood for first-class expertise as a premium property developer, construction company, and prefabricated housing company. With DAS MAKLERHAUS by Glorit, we are now bringing this expertise to real estate brokerage - from valuation and consulting to sales and rentals. This expands our portfolio to include customized solutions for everyone, even beyond new construction projects.
A) I want to buy a property
Do you have an idea of your future home? We'll find the perfect home. DAS MAKLERHAUS by Glorit provides clarity on the real estate market - and helps you find the right property without stress.
Whether it's a spacious garden apartment, a charming house in the countryside, or a high-yield investment property: together with you, we not only define what really matters to you, but also accompany you from the initial consultation through viewings and price negotiations to the handover of the keys.
And when it comes to financing, we connect you with experienced, independent partners who will find the right offer for you on the market.
The brokerage commission is based on the purchase price of the property and is regulated by law.
Depending on the purchase price, one of the following options applies:
- For a purchase price up to € 36,336.42: The commission is a maximum of 4% of the purchase price plus 20% VAT.
- For purchase prices of € 36,336.43 or more: The commission is a maximum of 3% of the purchase price plus 20% VAT.
We will, of course, inform you in advance about all costs.
On average, a property purchase takes four to six months - from the initial viewing to the transfer of ownership. The duration depends on factors such as financing, contract negotiations, and regulatory processes.
For properties that have already been completed, closing can be much faster. We'll guide you through every step - efficiently, personally, and reliably.
The better prepared you are, the faster the process will go. This includes early financing approval, complete documentation, and a clear decision. Our team ensures smooth processes and brings everyone involved together at the right time.
B) I want to sell a property
Because your property deserves more than just a listing. We bring market knowledge, sensitivity, and in-depth experience to the table, and we'll showcase your property in a way that will reach the right buyers.
Whether it's a single-family home, condominium, land, or investment property, we will accompany you with personal commitment through the entire sales process - from valuation and marketing to the conclusion of the contract.
And if you're looking for a new home yourself, you've come to the right place!
Are you looking to sell your property or land and simultaneously purchase a new Glorit property? We'll provide strategic advice and ensure a smooth transition. How does this work?
Quite simply the entire process is handled under one roof - from the escrow purchase to sales and purchase advice, as well as the brokerage of your existing property.
You can rely on a renowned, award-winning company with excellent market knowledge. Our extensive database of registered prospective buyers enables us to quickly find suitable buyers for your property.
In addition, our independent financing experts will provide you with comprehensive, individual advice - including on the possibility of interim financing.
A successful real estate sale begins with complete documentation. These include:
- Valid energy certificate (not older than 10 years)
- Floor plans and construction plans
- Current operating cost statement
- Last operating cost statement and forecast for the coming year
- Utility value report
- Condominium agreement
- Current status of the repair reserve (if created)
- Minutes of owners' meetings
Don't worry – we'll help you compile your property, take professional property photos, and generally ensure a sales-driven presentation.
The energy performance certificate shows how energy-efficient a property is - similar to the energy label for electrical appliances. It is required by law when selling a property and helps buyers better estimate energy consumption and expected energy costs. It is valid for 10 years.
If you don't have a valid energy performance certificate, don't worry. We'll connect you with the right person for that, too.
When selling a property in Austria, the so-called real estate income tax (ImmoESt) is payable.
Assessment basis for real estate tax on “old properties”:
This term refers to properties that were acquired before 31 March 2002 and were therefore not subject to tax on 31 March 2012 (i.e., the ten-year speculation period under the law prior to the 1st Stability Act of 2012 had already expired).
The following flat-rate acquisition cost calculation applies: tax burden 4.2% of the sales proceeds.
Assessment basis for real estate tax on “new properties”:
This term refers to properties that were acquired after March 31, 2002, and were therefore subject to tax at least as of March 31, 2012 (i.e., the ten-year speculation period under the law prior to the 1st Stability Act of 2012 had not yet expired) or are still being acquired.
The assessment basis here is essentially the sales proceeds less acquisition costs: tax burden 30% of the capital gain.
There are also exceptions—for example, for primary residences or self-constructed buildings. We will clarify for you whether
and how you can benefit—and connect you with experienced tax experts if necessary.
Further information on this topic can also be found here.
C) Legal, practical & more
It's very simple: as soon as you contact us by telephone, email, our website or a real estate portal and request information, a so-called distance selling contract is created by law.
Even if no formal brokerage contract has been concluded, the FAGG (Distance and Doorstep Selling Act) in conjunction with the VRUG (Consumer Rights Directive Implementation Act) obliges us to inform you of your 14-day right of withdrawal.
Important: There are no costs for you when concluding a distance selling contract. A commission is, of course, only due if the transaction is successful - that is, if the transaction is successfully concluded.
With a sole agency agreement, you entrust DAS MAKLERHAUS by Glorit with the exclusive sale of your property.
The advantage: We invest specifically in marketing and finding buyers - because only we are authorized to market your property. This ensures clear processes, greater commitment, and optimal sales opportunities.
The Distance and Doorstep Selling Act (FAGG) and the Consumer Rights Directive Implementation Act (VRUG) regulate your rights as a consumer in brokerage transactions concluded off-premises or online. This includes, in particular, your legally guaranteed right of withdrawal.
Yes, our portfolio also includes rental properties. We support you in your property search, coordinate viewings, assist you with the contract processing, and are at your side until the keys are handed over.
Rental income is subject to income tax. The amount depends on your personal tax rate. There are fixed tax brackets in Austria. For commercial rentals, additional sales tax may be due.
However, anyone who pays taxes can also deduct some - and these include, for example, advertising expenses, depreciation, interest costs, or maintenance and repair costs.
The "ordering party" principle states that the party who commissioned the agent pays the brokerage commission. In Austria, this principle currently applies exclusively to the brokerage of rental apartments.