Plausibility Check: An Austro-Hungarian colonial empire?

Futurist

Ad Honoris
May 2014
19,936
SoCal
#1
Would it have been plausible for Austria-Hungary to acquire and have a colonial empire? If so, what would have been required for this to occur? Also, which territories is Austria-Hungary the most likely to have colonized in a scenario where it successfully becomes a colonial power?
 

Maki

Ad Honorem
Jan 2017
3,068
Republika Srpska
#9
In 1898 Spain offered to sell Rio de Oro to the Austro-Hungarian Colonial Society. The sale was agreed upon and Count Goluchowski, the Foreign Minister, was aware of the deal. Everything seemed to be complete and then Hungary vetoed the deal and it fell through.