Vienna: Property Market Booms

Professional ServicesReal Estate ♦ Published: January 3, 2013; 15:36 ♦ (Vindobona)

Last year, property prices in the Austrian capital were up by 12% on average.

Vienna: Property Market Booms / Picture: ©

In Vienna, demand for real estate remains high. On average, the property price was up by 11.7% to € 3.981 per square meter. The average rent was up by 9.8% to € 14.45 per square meter. This was published by the real estate supplier

This year, the situation is expected to remain unchanged. “The high demand for property as safe haven and the relatively low…