What does a holiday rental in Austria earn?
Across the markets Terrivio tracks, gross yields in Austria typically range from 4–6% and net yields from 2–3.5% after operating costs and acquisition costs. The spread between the two is the whole story: platform fees, cleaning, management, utilities, insurance and local taxes usually consume 35–50% of gross revenue.
Worked example: a €320,000 property at €130 per night and 55% occupancy books about 201 nights and grosses roughly €26,130 a year (8.2% gross yield). After 25% variable costs and €4,400 fixed costs, NOI is about €15,198 — a net yield of 4.3% on the total investment of €352,000.
Purchase costs and taxes in Austria
Budget roughly 10% on top of the asking price for acquisition costs. The main component is the 3.5% Grunderwerbsteuer + 1.1% registration + ≈3% agent. These costs are sunk on day one, which is why Terrivio divides NOI by the total investment — not the asking price — to compute net yield.
Rental profit is taxed at progressive income-tax rates (0–55%) after 1.5% depreciation; tourist letting with services may fall under 10% VAT. Property tax (Grundsteuer) is low.
Tourist tax: Vienna 3.2% of the room rate · Ortstaxe €1–3.5 per night in resorts. It is normally collected from guests but affects your competitive nightly rate.
Short-term rental rules in Austria
Since July 2024 Vienna allows short-term letting in residential zones for a maximum of 90 days a year unless a special permit is granted. Tyrol and Salzburg only allow holiday letting where a Freizeitwohnsitz designation exists.
Regulation is the biggest single risk in European STR investing. Terrivio's risk score weights regulatory risk at 25% and flags night caps, licence requirements and enforcement intensity for every analysed listing.
Where to look: cities and portals in Austria
Popular short-term rental locations include Vienna, Salzburg, Innsbruck, Kitzbühel, Zell am See and Wörthersee. Each has a different seasonality profile — Terrivio shows the 12-month revenue curve so you can see how much of the year carries the return.
Listings are mostly published on Willhaben, ImmoScout24.at, Immowelt.at and FindMyHome. Terrivio reads these portals directly: paste the listing URL and the pipeline extracts price, size, rooms and location automatically.
How to analyse a Austria listing with Terrivio
- Copy the listing URL. Open the property on Willhaben or another supported portal and copy the address bar URL.
- Paste it into Terrivio. Terrivio scrapes the listing, geocodes the address and pulls market ADR and occupancy for the segment (property type, bedrooms, location).
- Review yield and cashflow. You get gross and net yield, NOI, monthly cashflow, break-even occupancy and 10-year IRR — using Austria-specific acquisition costs and taxes.
- Check risk, tax and rules. The report shows the 10-dimension risk score, the recommended tax regime for Austria and the STR rules that apply to the exact city.
Frequently asked questions
Is a holiday home in Austria a good investment in 2026?
It depends on the micro-location and on regulation. Typical net yields are 2–3.5%; the best results come from locations with year-round demand and clear licensing. Always model the net figure, not the gross.
How much are purchase costs in Austria?
Plan for roughly 10% of the price: 3.5% Grunderwerbsteuer + 1.1% registration + ≈3% agent, plus notary, registry and agent fees where applicable.
Do I need a licence to rent out short-term in Austria?
Since July 2024 Vienna allows short-term letting in residential zones for a maximum of 90 days a year unless a special permit is granted. Tyrol and Salzburg only allow holiday letting where a Freizeitwohnsitz designation exists.
Which Austria property portals does Terrivio support?
Terrivio analyses listings from Willhaben, ImmoScout24.at, Immowelt.at and FindMyHome and 40+ other European portals. Paste any listing URL to start.