Vienna housing market on the upswing: prices rise, offer remains rare!

Vienna housing market on the upswing: prices rise, offer remains rare!

Prater, Wien, Österreich - condominiums in Vienna are more in demand than ever! According to the “first Viennese housing market report 2025” by Buwog and EHL Real estate, there has been a clear upward tendency since the beginning of the year. The marketing times have been shortened and the distance between the offer price and the actual sales price has become significantly lower. Interest in condominiums is growing, especially for investors who are looking for an attractive investment option due to the sunken key interest rate of the European Central Bank (ECB) and the rapidly rising rents. According to Karina Schunker, Managing Director EHL, the offer prices will increase from autumn from autumn, while the availability of apartments will decrease due to the economic difficulties of many developers, so .

In this context, the residential project "Josephine" appears as an outstanding example of the growing housing market. There are 64 elegant condominiums directly at the Prater, which are between 32 m² and 112 m² and have private open spaces. The apartments not only offer a unique view of the Prater, but also score with sustainable and comfortable equipment such as water-water heat pumps and underfloor heating. The location is perfect for urban joie de vivre and sporting activities, in the immediate vicinity there are numerous schools and leisure opportunities, as EHL.AT . At the start of construction in autumn 2024, the project is expected to be completed in autumn 2026 and offers a valuable option for future owners.

The demand for new apartments remains unbroken, but the real estate companies warn of a shortage of demand, since many developers are under economic pressure. Political measures to relieve housing, such as reducing regulations and the mobilization of building land, are urgently needed to prevent a further increase in property prices. Therefore, it is essential to remain active in these changing market conditions and to use opportunities such as the "Josephine" project.