Vienna real estate market on the upper: Sold over 70% of the units!
Vienna real estate market on the upper: Sold over 70% of the units!
Seidlgasse 17, 1030 Wien, Österreich - On June 16, 2025, the same celebration of the newly renovated interest house at Seidlgasse 17 in the 3rd Vienna district was celebrated. This project, which is known as the Seidl, was realized by the companies M.A.L Immo and Tal Group. The shareholders, Mr. Tal and Mr. Mamistavlov proudly announced that over 70 % of the units have already been sold. The project is viewed by the two companies that specialize in the renovation of old buildings as a significant milestone for both themselves and for the entire real estate industry. According to ots.at, the positive developments at the Vienna real estate market could be survived well, so that the price trends and sales figures indicate a recovery.
The expanded attic for the same party was presented, which was renovated "with attention to detail". In total, M.A.L Immo and Tal Group have almost 15,000 m² in the existing and have successfully completed 200 units so far. The success of the two companies show that there are positive developments in the current market situation.
market analysis for the Vienna Zinshausmarkt
A comprehensive market analysis of the Vienna Zinshausmarkt was presented last time. According to immofokus.at , the current market shows massive disparities in qualitative and geographical terms. It is particularly noteworthy that transaction volumes of developed interest houses have won over the previous year, especially in the inner districts. In the first year of 2024, 52 transactions were recorded by Altbau-Zinhäusern, which represents a total volume of around 307 million euros. Despite a decline of 8 % compared to the same period last year, the market shows signs of stabilization.The analysis also makes you take notice: the retention of interest rate developers is noticeable, which is due to restrictive lending and increased financing costs. In particular, interest houses with development potential have a decline in the investment volume of 50 %. While in 2022 65 % of the transactions were still on this category, it was only 30 % in 2024.
forecasts and future prospects
With a view to the future, a recovery is in sight: the forecast interest reductions could have a positive effect on the financing conditions for interest rate investors. Thus, in the second half of 2024, increasing demand at the Altbau-Zinhausmarkt in Vienna will be expected. The prices show a mixed picture: While the median prices in internal districts are EUR 3,476/m² - a decrease of 12 % compared to H1 2023 - the purchase prices in belt -close interest rate houses have even dropped by 32 % to EUR 2,134/m². In addition, the average return for old building interest houses in internal districts is 3.10 % and in aspiring residential areas at 3.75 %.
For buyers who are looking for their dream property in Vienna, Otto.at offers a comprehensive access to over 2,000 unsettled real estate offers. Interested parties can also filter their desired properties according to criteria such as size, price and location to find their favorites quickly and easily.
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| Ort | Seidlgasse 17, 1030 Wien, Österreich |
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