Especially the last two years have not been easy for the real estate sector. Due to the increased interest rates in particular, buyers with financing needs could no longer invest much. Krone+ has looked at where it is now paying back to buy an apartment. Because the market seems to be recovering.
Even in a small country like Austria, the real estate markets in the individual regions are very different. Although the demand for new apartments will be increased in Vienna because much fewer apartments were completed last year and so sold, the situation in Vorarlberg is very different. There were even prices there compared to the previous year, sometimes even considerable.
Prices rose in all other federal states, but the increase in value was limited. Especially if you add inflation. In the past two years it made little sense to invest in an apartment as an investment in the short term. But the only valley seems to have passed. Because the rising prices are expected again in the coming years. That is why the right time could be to choose a property. Krone+ looked at the regions in which it was or is particularly lucrative.
Source: Krone
I am Wallace Jones, an experienced journalist. I specialize in writing for the world section of Today Times Live. With over a decade of experience, I have developed an eye for detail when it comes to reporting on local and global stories. My passion lies in uncovering the truth through my investigative skills and creating thought-provoking content that resonates with readers worldwide.
