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Boom in Viennese Real Estate Market Persists
According to the real estate service supplier findmyhome.at, the price increase in the residential housing segment and the rental market goes on.
Boom in Viennese Real Estate Market Persists / Picture: © Vindobona.org
In the third quarter of 2012, rents grew by 3.0% in Vienna. In the second quarter, the price increase was 2.5%. On average, rents reach € 13.89 per square meter. In the inner districts, the price comes at 15,34 per square meter. Bernd Gabel-Hlawa explains that the third quarter is traditionally driven by a massive inflow of students. As a result, small apartments in inner districts…
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