Can foreigners get a mortgage in Austria in 2026?

Lenders favour stable euro income paid into an Austrian Girokonto, employment beyond probation, a strong household surplus, local banking history, and a residence status that is likely to outlast the loan relationship: Open a bank account and Apply for a residence permit.

EU and EEA citizens with Meldezettel and clean local income usually see a wider product menu. Temporary third-country titles, self-employed applicants, and people paid in another currency may face fewer lenders and higher equity demands. Non-EU buyers should align Grundverkehrsgenehmigung timing with the bank’s valuation and offer letter so registration is not blocked after funds are ready.

Bring enough savings for Grunderwerbsteuer, Grundbuch fees, and notary or lawyer costs. Banks commonly expect these Kaufnebenkosten from the buyer rather than folding them into the loan: Property purchase costs. Equity toward the property price improves pricing and approval. Non-residents or foreign-currency earners may need a much larger share than established residents.

The bank lends against its own valuation, which may sit below the agreed purchase price. You must cover the gap as well as closing costs. After purchase, budget Wohnungseigentum Betriebskosten and reserve contributions: Condominium fees. If financing is unrealistic yet, compare the total cost of renting first: How to rent a home and Vienna cost of living.