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Trend Reversal: International investors push for Austria's Real Estate Market
Austria is getting increasingly popular for foreign real estate investors. Mainly speculators start to get interested in the domestic market to care.
Trend Reversal: International investors push for Austria's Real Estate Market / Picture: © Vindobona.org
The foreign demand for Austrian real estate was weak in both years, 2009 and 2010. The managing director of EHL Investment Consulting, Franz Pöltl, presented figures on the occasion of a press conference on Austria's real estate market.
The second half of 2010 was especially disappointing, although sales are traditionally higher during this period. Sales achieved in 2010…
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