Sunday, 01. March 2015
07. 03. 14. - 15:00
According to the brokerage firm Re/Max, the number of the real estate sales in Austria has declined around 8.3% in the last year. The exact number of properties which were sold and bought accounts to over 80,000 units, which translates into 16 billion euros. Apartments were the most popular type of property sold last year, accounting for 28,000 of the units sold, but there has still been a 9.3% decrease from the last year.
"Many investors, who wanted to secure their financial assets by purchasing property, have already done it in the previous years", says the chief of the Austrian department of Re/Max company, Bernhard Reikersdorfer.
Reikersdorfer also believes that one of the reasons behind the decrease is the difficulty for many young families to get credit from the banks to buy a house. In Vienna the sales-offers declined, and so the purchase of condos also declined around 9.6%. The lack of offers had also an effect on the prices of the properties available. The average prices for apartments rose around 10%.
The new owners of the properties had to put their hands deep in their pockets, when the average price in Vienna was around 200,000 Euros. Half of the apartments in Vienna cost between 105,000 and 270,000 Euros.
The difference in the prices and the sizes of the properties were also huge. In the central area of the Austrian capital, a square meter costed 10,000 Euros and in the 10th district, Favoriten, which lies only around 10km away, the price went down to 1,916 Euros.
Vienna also got came out top as the most expensive state for buying property in Austria this year with Salzburg and Vorarlberg following it's lead with average prices of 191,000 and 187,000 Euros respectively. The cheapest properties can be found in the states of Steiermark where the average price is 109,000 Euros and Burgenland, with an average price of 72,000 Euros.
Semmering Offers 50% Discount To Selected Heroes
The Magic Mountain Semmering will hold two Weeks of Heroes from 1st to 14th March as Panhans Holding Group says thank you to safety and well-being volunteers and professionals.
Skier Survived Almost Two Hours Buried Alive
A skier had a miracle escape after being buried under two metres of snow for nearly two hours during an avalanche in Austria, it was revealed last night.
Puppies Found Stuffed Inside Suitcase In Back Of Van
A litter of puppies destined for a dog farm was rescued after being found stuffed inside suitcases in the back of a van.
Kangaroo That Hopped It Spotted In Garden
Austrian police investigating reports of an escaped kangaroo have been given concrete proof after a local woman managed to photograph the animal in her back garden.
First Images Of Eurovision Stage
These are the first images of the design for the Eurovision Song Contest stage unveiled in the Austrian capital Vienna which is the home of last year's winner Conchita Wurst.
Russian Mafia Boss Nabbed At Vienna Railway Station
A Russian mobster wanted for a string of brutal murders was arrested in the gentile Austrian capital Vienna when commandos swooped as he went to buy a train ticket.
Teen Girls Arrested After Offering Themselves To IS Fighters
Austrian officials who recently cracked down on terrorism by arresting several people believed to be recruiting and fundraising for ISIS have revealed two more teenage girls tried to leave the country to marry terrorist fighters.
Ebola's deadly reach impacts Vienna student
Austria has yet to record its first case of Ebola, but the feared virus has already had a severe impact on the lives of Africans living in Vienna.
Grigorij Sokolov Works His Magic At Vienna Konzerthaus
Whilst the world-famous Wizard of Oz played at the Volksoper, there was another Wizard in the Konzerthaus giving his 16th performance in Vienna!
Penelope Cruz To Play The Ice Cream Killer
The memoirs of the woman dubbed the Ice Cream Killer after she shot dead two ex-lovers before hacking the bodies up with a chainsaw and telling neighbours the noise was a new ice cream machine are due to be turned into a blockbuster with Penelope Cruz playing the lead role.
The most popular stories –
last 7 days
|Lion Fed On Milk To Keep Him Small For Pictures|
|Porn Star Arrested After High Speed Police Chase|
|Wanted Mafia Boss Captured After YouTube Baptism|
|Mentally Ill Girl Locked Up By Parents For 6 Years|
|Czech Oscars Team Fail To Spot Jim Carrey Hoaxer|
Why suffer in silence. Let off steam by letting our readers share your troubles. File your complaints about anything and everything here.
Our ombudsman David Rogers will try and help solve some of the problems from lazy civil servants through to incompetent companies – and at the very least the worst transgressors will end up in our weekly special report.