Austria: Prices for Luxury Real Estates Soaring

Lifestyle & TravelLuxury Goods ♦ Published: March 10, 2014; 14:48 ♦ (Vindobona)

The prices for luxury real estates in Austria continue to increase.

High-quality residential real estates will remain in short supply in the near future. / Picture: © Vindobona.org

According to real estate agency Engel & Völkers, Austria is an extremely attractive country for living, making holidays and investments. Already now, the most expensive apartments in Austria cost up to € 30,000 per square meter, as reported by the German real estate agency, which has published a ranking for the most exclusive domestic residential locations.

However, the…