Luxury Residences

Latest Edition: Spring 2023

Available in englisch as e-paper

The condominium Market in the City Centre

How many condominiums are currently available in the First District of Vienna? What is their average size, what is the current price, and who are the buyers? These and other questions will be answered in the latest edition of our Condominium Report, which we are pleased to provide for our customers – by the way as the only property consultant.

Number of Transactions by country of origin

The largest group of buyers over the last three years were Austrians, who accounted for 87 % of all transactions. They also spend 83 % of the total aggregate volume.

Transaction volume by country of origin

Those are followed by buyers from other EU states, like Germany, the Netherlands, or Hungary, which are the second largest group of buyers with a share of 7 % of total transactions and 10 % of aggregate value. The share of buyers from Russia showed a strong decrease in the last year and is now constant at around 1%.

Houses and Villas Report: 2022

The last two years have been characterised by new challenges and forward-looking changes - such as remote working or alternative communication channels. This leap into the future is reflected in the new issue of #Vienna - The magazine is dedicated to Vienna in 2030. Real estate experts from our company and from the industry examine the topic of "Vienna of the future" from all different perspectives.