Affordable property: Sowo is presenting a new living model for Burgenländer

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In Mattersburg, a new construction project will soon be launched, which is under the concept of "affordable property". This model, which is promoted by the "Sowo" (social residential building), promises to offer property to the citizens of the region at a fair price. The whole thing is implemented by a calculation of the purchase price, which is based on the actual manufacturing costs instead of often higher market value. This should enable tenants to pay part of their purchase price from the first rental payment. Governor Hans Peter Doskozil explained this at the presentation of the initiative in January 2023.

An interesting detail of this project is that tenants become the rightful owners of their apartments after 30 years. "With each individual rental payment, a share of ownership is gradually acquired. This money is not lost," explained Doskozil. This could be important for many Mattersburgers who are looking for home ownership.

criteria for housing

Not everyone will be able to automatically move into an apartment. There are clear prerequisites that must be fulfilled in order to be entitled to be entitled to claim. One of the most important is that the main residence in Burgenland must be registered. Anyone who has a different accommodation that covers the living requirement is excluded from this regulation. In addition, there must be entitlement to Burgenland residential building funding.

The permissible annual income varies depending on the size of the household. A single household may have an annual income of a maximum of 44,000 euros, while the value for two people is 75,000 euros. For three people, this amount increases to 76,500 euros and so on. For larger households, the upper limit is 80,000 euros.

If applicants cannot provide proof of income or whose income does not reach the minimum criterion, there is the possibility of still enjoying funding through additional collateral or guarantees. These guarantees can only be taken over by Austrian citizens.

The introduction of this model is regarded as a crucial step to promote social housing in the region and could cause long -term changes in the area of ​​living space situation. For more information on this topic, interested parties can find the details on the website www.bvz.at read.