Austrian property conveyancing operates via notarial or attorney escrow (Treuhand) with title registered in the Grundbuch. Buyers pay 3.5% Grunderwerbsteuer plus a 1.1% land registry fee.
The Mietrechtsgesetz (MRG) strictly regulates pre-war Altbau apartments under the Richtwert system, setting legally enforceable rent ceilings per square metre. Cash flow models must underwrite statutory limits rather than free-market speculation.