Viena Austria Vienna real estate

Vienna real estate

Vienna is listed among the top cities of the world in terms of quality of life. The city's unique artistic atmosphere, moderate life pace, thriving business opportunities and significant international role make it one of the top destinations. The cost of life is slightly higher than in average European cities, but it is lower than in neighbouring Switzerland or Great Britain.

The city's real estate opportunities comprise vast choice of accommodation, from luxury to economy ones. The offers of city centre apartments are better than in many European cities. Vienna has a long tradition for social housing, in fact it is the part of the long-run municipal policy. Vast residential areas were built during the first republic period. Nowadays the amount of community-owned apartments reaches to 220,000, subsidised rental apartments and apartments built by non-profit or commercial building societies constitute up to 200,000. Every year 5,000 city apartments are built.

Ecological issues and city life improvement are given as much attention as architectural considerations. Experimental projects, such as a car-free model estate, women's workshops I and II, integration projects and passive houses are to further improve quality. Many of the historical buildings are also renovated and converted into high-class property.

Among the most popular agencies, operating on Viennese real estate market, are Immototal Immobilien, specializing in the sales and rentals of high quality real estate. It also deals with property all over Austria and in selected areas of Spain. IG Immobilien focuses on developing customized properties and maintaining property value. Walter Business Park operates long-term office and warehouse rentals and sales. Well-Come Relocation service offers relocation services for corporate and private customers.

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