Leisure Real Estate Advisor/ Specialisation Illegal Use of Real Estate Investorenmodell
Illegal use of leisure real estate in Austria.
Buying Austrian real estate for leisure purposes at first sight seems very attractive.
However in practice there appear some major problems.
Many houses or appartments are being offered as socalled Ferienhäuser or Ferienwohnungen, or as Investments in leisure appartments , although in fact the buyer is not allowed to use his real estate for leisure purposes. The penalties could be very high and even forced public auction could be the consequence.
In our practice we have handled many of these issues for numerous international clients.
If you need further information please send us an email email@example.com or call us 00 43 5412 90300 and ask for Dr. Stephan Wijnkamp