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Viennese Real Estate: Roof Space Utilization is the Key
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In Austria´s capital, living space is rather limited. In the next few years, shortages in the housing market will sharpen further.
Viennese Real Estate: Roof Space Utilization is the Key / Picture: © Vindobona.org
Four major trends were observable in the Viennese residential property market last year.
First, the heterogeneity of Viennese properties is diminishing gradually. According to Andreas Wollein at (ÖVI), there are no bad districts anymore. Due to the migration to Vienna and the declining average household size, demand is growing in all categories.
Second, buyers have become…
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