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Where Are Austria's Properties Most Expensive?
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Particularly sought-after locations can be found in urban areas and tourist centres. The two well-known winter sports resorts of Lech am Arlberg and Kitzbühel, with a price per square metre of 1,806 euros and 1,646 euros respectively for building plots, are at the top of the list. In Vienna, the districts of Döbling with 1,416 euros and Währing with 1,301 euros per square metre were in the lead.
Average real estate prices: Building plots, houses and apartments in Vienna and Western Austria most expensive (Picture Lech am Arlberg) / Picture: © Wikimedia Commons / own photo [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0/deed.en)]
Last year, the average price for building land in Austria was 89 euros per square metre, for condominiums 3,046 euros per square metre and for houses 1,531 euros per square metre.
According to evaluations by Statistik Austria, however, the average prices for building land, houses and apartments calculated for the whole of Austria show large regional…
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