Average prices per square meter for 500,000 euros: Where there is more living space for your money in Austria

Average prices per square meter for 500,000 euros: Where there is more living space for your money in Austria

For most people in Austria, choosing a new property depends on budget and region, which narrows down the decision significantly. ImmoScout24 recently analyzed which properties are available for around 500,000 euros in the various federal states. According to Markus Dejmek, the Austrian boss of ImmoScout24, the markets vary greatly regionally, with prices per square meter varying considerably.

In Vienna, for example, apartments in old buildings cost around 5,100 euros per square meter. In contrast, in Upper Austria you could buy a large house with a garden, terrace and a plot of 1000 square meters for 1360 euros per square meter for the same budget. Prices in Vorarlberg, on the other hand, are well above average. Here you would only get 100 square meters of living space for a similar amount, with the price per square meter being around 5959 euros.

In Tyrol and Salzburg, too, prices per square meter are well over 5,000 euros. For example, those interested in real estate in Nassereith can purchase a bungalow with 88 square meters and two rooms for 480,000 euros. In comparison, property prices in Carinthia and Styria are significantly cheaper. In Carinthia, a house with a garden and terrace costs around 2,980 euros per square meter, while in Styria you can buy a single-family house with a large plot of land for 500,000 euros for 1,440 euros per square meter.

The variety of real estate offerings in the different federal states makes it clear that there are both more expensive and more affordable housing options for the budget of 500,000 euros. Prospective buyers should carefully consider their needs and preferences before deciding on a property. (Source: www.diepresse.com )