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Austrian Real Estate Market: “Small Market in Good Shape with Potential”
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The Austrian real estate market is a small, stable market with net cash flow returns of around 5 percent in the last nine years. This is the result published in Bank Austria´s report “Real Estate Country Facts”.
Austrian Real Estate Market: “Small Market in Good Shape with Potential” / Picture: © Vindobona.org
Austria is considered a low-yield country in Central Europe: investors are becoming more willing to take risk, real estate with development potential is becoming more appealing
According to Reinhard Madlencnik, Head of Real Estate at Bank Austria, “there were two sides to the first half year of 2013: on the one hand, only EUR 430 million was invested in the…
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