Property Management in Austria
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Property Management in Austria

If you own a second home in Austria you want to ensure it is looked after when you are not there. The solution is to engage a Property Management Company, but what does that involve, you can find the answers here.

Owning a holiday home is becoming more and more popular and Austria is one of the most beautiful countries in the world. Popularised by the film "The Sound of Music" it is equally attractive in both summer and winter.

But unless you are retired work commitments usually mean you can only visit your second home two or three times a year, so what happens to the property when you are not there? Rather than leaving it empty the best thing to do is let it out, but if you are thousands of miles away how do you find suitable tenants and collect the rent.

The solution is to hire someone to manage your property for you, someone who will find you suitable tenants, collect the rent and regularly inspect the property.

One of the best websites to find a Property Management Company in Austria is European Properties Directory. This site lists property agents and real estate agencies working in Austria with a brief description of the company and the contact details.

If you engage a Property Management Company in Austria they will usually charge an annual property management subscription or a fee. This varies according to which agency you go to, it might be an all inclusive fee which is between 300 and 500 euros, or a subscription with other charges to follow.

Property Management Services include

  • Chanegover service, including cleaning and changing linen if you rent the property out.
  • Callouts
  • Property checks
  • Trade Access
  • External Property Services
  • Non-qualified maintenance activities
  • Qualified maintenance activities
  • Utility bill management

Chalet  offers a property management service and charges the following rates for the 2010/11 season

  • Subscription 170 euros
  • hourly fee for all tasks, minimum 1 hour 24.50 euros
  • Call-outs/trade access per hour, minimum 1 hour, pre-booked up to 24 hours beforehand 24.50 euros
  • Same day/short notice 40 euros
  • Property checks, brief check 35 euros
  • Meet and Greet Guest Service 0800-1900 35 euros
  • Pre-arranged in evening up to 2200 an additional 24.50 euros
  • Pre-arranged, later than 2200, an additional 40 euros
  • Short notice, less than 24 hours an additional 40 euros
  • Cleaning, prices on request.

This company's locally-based bi-lingual property management team offers a complete back-up and support network for second home owners, whether they live in their property or rent it out.

They also offer assistance to non-German speaking customers who live in their Austrian properties and need help with property and business-related issues.

Whether you own a small ski chalet or a house in the mountains it is worth hiring a professional property management company to look after your property and relieve you of any worries when you are not in residence.

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Comments (4)
killian okonkwo

I,m so interested in property management.secondly i will like to know more about this business.tanx Mr.Killian

Traditionally a family business, Otto Immobilien is now one of the few independent property companies in Austria. Dr. Eugen Otto and over 50 commercial and residential real estate experts provide comprehensive advice predicated on partnership and mutual trust.
ILM Corporation provides document management solutions in Washington DC, Virginia, and Maryland, including data capture, data entry, digital imaging, document scanning and much more. We have over 35 years experience of creating custom data solutions for all types and sizes of organizations, private and public.
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