Wiener Wohnen Smarter: The outskirts are the new real estate hit!
Wiener Wohnen Smarter: The outskirts are the new real estate hit!
Wien, Österreich - In Vienna, a profound change is emerging in the residential preferences of the population. According to a current study by the Market Institute, around a third of the people in Vienna and the surrounding area are planning to change their living situation within the next five years. The focus is particularly on a habitat that offers a connection between idyllic environment and urban quality of life. The survey shows that 38 % of the Green City locations surveyed state as preferred places of residence. In contrast, only 5 % are interested in city situations, while rural areas and living on the water occupy places two and three. The trend towards closeness to nature and modern comfort can be clearly seen, which also drives the demand for new living concepts in the periphery of Vienna.
The developer Glorit reacts to these developments and offers exclusive living space in attractive locations such as Klosterneuburg, Langenzersdorf and the Old Donau. In times when security when buying real estate is the top priority for many, Glorit stands out through a "very good credit rating" and a "very low risk of failure", as certified by Creditreform and KSV1870. The company has equity of around 62 million euros and offers extensive hedging concepts such as completion guarantees to offer investors additional security.
decline in rental apartments and purchase price development
The rental prices show a strong increase. In the first quarter of 2024 there was an increase of up to 11 % compared to the previous year, with an average square meter price of 18.7 euros. There are particularly high rents in the inner city, where prices of up to 22.60 euros per square meter are not uncommon for most forms of living. In contrast, a decline of up to 15 % of the purchase prices for residential properties can be observed compared to 2023, whereby the highest purchase prices in the inner city are listed with 19,907 euros per square meter.
influencing factors and outlook
In addition, various factors influence the Viennese real estate market: population growth in Vienna remains constant, while the building permits have been reduced to around 11,500 units, a decrease of over 46 % compared to 2019. Institutional investors are currently reluctance for new living conditions, while the demand for energy -efficient apartments is increasing. In this context, alternative investment opportunities, especially through digital platforms such as Brickweise, gain importance. These enable small investments from 100 euros and make the real estate market more accessible for wider sections of the population.
The developments in the Vienna real estate market show a clear change in the needs of the resident population, which offers both challenges and opportunities. The demand for safe, future -oriented forms of living therefore remains a central topic in urban planning and project development.
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| Ort | Wien, Österreich |
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