Real Estate: Outskirts of Vienna Popular Among East Europeans

Professional ServicesReal Estate ♦ Published: February 4, 2014; 22:04 ♦ (Vindobona)

More and more well situated East Europeans discover the suburban regions surrounding the Austrian capital. Unlike in Vienna, property prices are going up steadily.

Real Estate: Outskirts of Vienna Popular Among East Europeans / Picture: © Vindobona.org

In the past few years, not only the Viennese city, but also the Viennese suburbs become more and more popular, Christoph Petermann at Raiffeisen Immobilien explains. Above all, investors and other well-situated buyers from Russia, Ukraine, Poland and the Czech Republic have discovered the villages and small towns in the Northwest, West, Southwest and South of Vienna.

Due to the…