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Austrian Real Estate Market Shows Stability
The Austrian real estate market is a small, stable market with income returns of 5 percent in the last eight years. Real estate investors focus on core properties resistant to the crisis, leaving some market opportunities untapped.
Austrian Real Estate Market Shows Stability / Picture: © Vindobona.org
Austria's economy and therefore the real estate sector are suffering under the debt crisis in the eurozone. However, with forecasted GDP growth of 0.8 percent this year and the lowest
unemployment rate according to the EU definition, Austria is considered to be a "role model" in the eurozone. This benefits the Austrian real estate market too. Nevertheless, risk appetite in…
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