Difficulties in the Vienna Real Estate Market

Published: November 4, 2010; 11:42 · (Vindobona)

While there is a strong demand, there are few offers for investment properties in Vienna. The market turnover drops dramatically.

Difficulties in the Vienna Real Estate Market / Picture: © Flickr

The purchase of an object that is generating a return of 0.6% currently is not a mistake, but a good deal. "In the City there are even deflationary houses", says Eugen Otto, CEO of Otto Immobilien. In general, the demand is enormous, but the offer is very low: “Those who own an investment building, would rather not part with it these days”, according to Otto.

Accordingly,…

This article includes a total of 206 words.

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Difficulties in the Vienna Real Estate Market

While there is a strong demand, there are few offers for investment properties in Vienna. The market turnover drops dramatically.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.