As of January 1, 2022 the Kreditinstitute-Immobilienfinanzierungsmaßnahmen-Verordnung (KIM-VO) came into effect, introducing new requirements for banks involved in real estate financing. The KIM-VO regulations applied to both commercial banks and specialized financial institutions. While the goal of the regulation was to stabilize the banking sector, its implementation significantly restricted access to...
When choosing a place to live, various factors are taken into account, including the location of the school where children will study. This is especially important when planning a move to the capital, which attracts both foreigners and Austrians from other cities due to its high educational standards. Parents often opt for private schools rather than public institutions. Private schools in Vienna can be...
When purchasing real estate, it is essential to adhere to all legal requirements and pay attention not only to the advantages and disadvantages of the apartment or house but also to the legal restrictions regarding the disposal of real estate. As is known, the presence of a mortgage or lien limits the owner's right to sell the apartment or house. However, not everyone knows that among such restrictions, an...
Buying real estate is a significant step for many people, requiring substantial capital investments. When searching for an apartment or house to purchase, buyers often focus on their savings and the possibility of obtaining a loan. However, they frequently overlook the fact that, in addition to the property's price, they will also need to pay considerable additional costs, known as Nebenkosten...
The Austrian real estate market remains one of the most stable yet simultaneously one of the most conservative in Europe. In 2025, the market situation is expected to differ little from the previous year. However, an uptick in sales is anticipated due to the gradual reduction in loan interest rates. We will discuss these and other trends in our article.Projected Prices for Residential Real Estate in...
The capital of Austria is a vast city with a millennia-old history, offering housing and other types of real estate to suit every taste and budget. In this article, we will explore the main types of residential real estate (apartments, maisonettes, penthouses, townhouses, and private houses), as well as commercial properties (office spaces, warehouses, premises for shops and restaurants, and zinshauses)....
As you already know from our article about Donaustadt, this district is the largest and greenest. In total, there are about 120 projects of new houses/residential complexes in the 22nd district, but besides that, you can also find neat and well-maintained Altbau and various extensions. In this publication, we will tell you about the real estate in the 22nd district that is worth considering. New...
You already know from our article about Hietzing that Vienna's 13th district, Hietzing, is one of the most prestigious neighborhoods in the city, harmoniously combining history, nature and urban life. The value of Hietzing lies mainly in the diverse choice of accommodation. From elegant historic and art nouveau houses to modern high-rise buildings. Property here is in demand and attractive to foreign...
If you have read our article about Floridsdorf, you already know that this neighborhood offers a balance between city life and nature. It has quite affordable housing prices and a well-developed infrastructure. More than 41% of the total area of the district is covered by small forests, parks and vineyards. Therefore, by choosing any residential complex in Floridsdorf, you will have the opportunity to...
"The greenest city in the world" and "the most comfortable city to live in" are just a few of the titles of the Austrian capital. Tourists are attracted to Vienna by its cultural events and attractions, foreign students by the opportunity to get a quality education at one of the world's top universities, and people who want to move to Vienna are attracted by its comfort and coziness. In this article, we...