Rents in Vienna Still on the Rise

Professional ServicesReal Estate ♦ Published: October 17, 2011; 15:54 ♦ (Vindobona)

Since the beginning of 2011, rents on the Viennese rental market increased by 2.0%. On average, the rent for one square meter is € 13.00.

Rents in Vienna Still on the Rise / Picture: © Vindobona.org

According to the Bernd Gabel-Hlawa and Benedikt Gabriel from the real estate service provider FindMyHome.at, several reasons are responsible for a substantial price increase on Vienna´s rental market: “People searching for real estate objects are increasingly asking for rented flats. Most of them do not want to be committed to own real estate objects.”

In meantime, real…