Holiday home abroad: What is really left after taxes?

Holiday homes in popular vacation countries appeal to many investors as a way to invest capital over the long term. The property can serve as a personal retreat while also offering the possibility of rental income.

When owners are not using the home themselves, renting it to vacation guests may turn the private property into an additional source of revenue.

But owning property abroad can also bring tax obligations in Austria. The potential income therefore comes with responsibilities that investors should consider alongside the property’s use as a holiday home.