Foreclosed and Distressed Investment Properties in Austria

Austria has become one of Europe's most trusted destinations for international property buyers, long-term renters, holiday homeowners and real estate investors. Known for its political stability, strong economy, high quality of life and breathtaking Alpine landscapes, Austria offers a property market that balances lifestyle appeal with reliable long-term value. Overseas buyers are drawn to Austria for second homes, income-generating rentals, and secure capital preservation within the European Union.

Investing in Austrian real estate provides access to a mature and transparent housing market supported by clear legal frameworks and strong tenant protections. Demand remains consistent across both urban and resort locations, making Austria attractive for buy-to-let strategies, mixed-use ownership, and personal use combined with seasonal rentals. Properties in Austria are often built to high construction standards, offering durability, energy efficiency and strong resale potential.

Several Austrian cities and towns are especially popular with international buyers and investors. Vienna continues to lead the market due to its global reputation, excellent infrastructure, strong rental demand and cultural appeal. Salzburg attracts buyers seeking historic charm and year-round tourism, while Innsbruck and Kitzbühel are highly desirable for Alpine lifestyle properties and winter sports rentals. Graz and Linz appeal to buyers looking for university-driven rental markets and more accessible price points compared to the capital.

Looking for distressed properties can be a smart investment strategy, especially if you're interested in flipping, wholesaling, or buying below market value.

There are many places to find distressed or foreclosed properties in Austria, for examples you can ask a real estate agent to filter for foreclosures or bank-owned (REO) properties.

Investors can also refer to the local County Courthouse or Public Records and search for public notices of default, tax liens, and foreclosure sales.


Working with Property Agents or Realtors who specialize in distressed properties, foreclosures and short sales can be useful as well as keeping an eye out for expired listings or properties sitting too long on the market.

Drive around neighborhoods looking for vacant houses, broken windows, or deferred maintenance and work with probate attorneys, property managers, and bankruptcy lawyers who they often know of distressed assets.