About Austria
Investing in Austrian Real Estate - what You Need to Know
When inflation is high and the economy is unstable, real estate becomes one of the most reliable instruments not only to preserve capital but also to grow it.
According to Infina, Austria’s economy is exceptionally stable, and Vienna’s property market has been increasing in value for decades without sharp fluctuations or speculative spikes. Over the past 30–40 years, the capital has shown steady price growth, making it one of the most predictable markets in Europe.
With inflation reaching 8–10%, and in some regions even 15–20%, more and more investors are looking for a “safe harbour” — not in depreciating currencies, not in volatile assets, and not in high-risk digital instruments. Vienna stands out as more than a stable option — it is a true protection of savings.
This strategy works best with properties offering predictable income: rental apartments, medical centres, private practices. Properly selected real estate can preserve up to 80% of capital even during crises. This is no coincidence: the city intentionally limits new construction, protects its historical heritage, and maintains a balanced relationship between supply and demand.
As a result, demand in Vienna consistently exceeds supply, properties appreciate steadily, and units are easy to sell.
In this guide we will cover:
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why investing in Austrian real estate remains profitable;
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what investment formats are available to residents and non-residents;
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what to consider when choosing a property;
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how to choose the right district;
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how to build a safe and predictable investment strategy.
Vienna
Why Vienna Is One of the Strongest Real Estate Markets in Europe.
Economic stability as a foundation.
Austria is not just a stable country — it is a well-functioning economic system.
In 2023, inflation here was better controlled than in most Eurozone countries.
Vienna is its economic centre: a city with diverse industries including tourism, medicine, IT, and education. This attracts people — and with them, stable demand for rental housing and investment properties.
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Rental Market
Predictable Income With Minimal Risk
According to Statistik Austria
Over 75% of Vienna’s residents rent rather than own property.
This is a historically established model supported by clear and transparent rental laws.
For investors, this means:
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stable demand;
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predictable income;
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transparent regulations;
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opportunities to build long-term strategies.
Average gross rental yield: 2.5–4%
Certain assets — medical clinics, practices, student housing — can reach 6–8%.
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In practice, high-demand apartments are rented out within 24 hours.
Limited Supply - The Driver of Price Growth
Property prices in Vienna have been rising for 30–40 years.
Even during 2022–2023 — when Europe faced rapid interest-rate hikes — the market did not collapse, only slowed down. Since 2024, growth has accelerated again.
Forecast: prices may increase another 55% by 2034.
Reasons:
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new construction in central Vienna is nearly impossible;
historic buildings are strictly protected; -
demand consistently exceeds supply;
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new projects appear slowly and are heavily regulated.
Vienna does not resemble Dubai, where whole districts are built in a year. Here, new development in historical zones is an exception.
Key Advantages for Investors
01
The city withstands global crises
Each year Vienna is short of 13–15,000 apartments. This controlled shortage ensures:
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constant demand;
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smooth price growth;
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high liquidity;
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stable interest even in buildings from the 1960s–70s.
02
Transparent laws and secure transactions
Austria offers one of the safest transaction systems in the EU. Every purchase involves:
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a notary,
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a lawyer,
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a bank.
Data is checked thoroughly, and fraud risks are minimal. Short-term rentals (Airbnb) are strictly regulated, protecting the market from speculation
03
No district segregation
Vienna has no “bad areas”. Premium apartments, social housing, and mid-range properties can coexist within one block. This ensures a balanced market without dramatic liquidity differences.
04
Strong protection of landlord rights
Eviction of non-paying tenants is clearly regulated.
Investors benefit from a transparent legal framework.
05
Political neutrality and macro stability
Austria is one of the most predictable European countries.
Laws remain stable, and politics does not create economic shocks.
District Defines Everything
Why Location Is Crucial in Vienna
Vienna is not one market — it is 23 different districts, each with:
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its own architecture,
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history,
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social structure,
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price dynamics,
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development rules,
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growth outlook.
And they do not evolve equally.
In some districts, construction is limited or prohibited due to heritage protection — any new supply appears rarely and rises in value instantly.
Others actively develop new projects, which can temporarily affect liquidity.
Some districts attract long-term tenants; others rely on seasonal demand.
Even within a single district, two parallel streets can differ dramatically:
one shows consistent price growth, while the next may stagnate.
District determines:
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liquidity;
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growth potential;
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risk level;
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rental speed;
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exit strategy.
Our Premium Partners
in Vienna
Knowledge You Cannot Obtain from Public Sources.
Skarb’s Premium Partners have been working on the Vienna market for decades.
They have access to:
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professional analytics,
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real sales data,
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rental statistics,
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density and zoning maps,
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transport development forecasts,
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growth zones defined by the city.
They know precisely:
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which districts to buy in;
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which streets to avoid;
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where growth will occur in the coming years;
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where the market is overheated;
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where undervalued properties can be purchased below market value.
We don’t analyze listings — we work with deep data.
This is why our clients don’t just buy “an apartment in Vienna” — they buy the right apartment in the right micro-location.
Clear Property Selection Criteria
To ensure maximum liquidity and protection, we use strict parameters.
Type of apartment
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1–2.5 rooms
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45–70 m²
Building
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middle floor
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elevator required
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renovated façade
Location
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≤400 m to U-Bahn
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districts with strong stable long-term demand
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streets with projected appreciation (based on partner analytics)
Planning and condition
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functional layout
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quality windows and views
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minimal hidden costs
Budget
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€200 000 – €450 000
Goal
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Identify highly liquid properties with potential to purchase below market price — by detecting undervalued micro-locations.
What Types of Properties Fit the Strategy
Our service includes:
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professional property sourcing in top districts;
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purchase via an EU company fully owned by the investor (100%);
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renovation, furnishing, equipment;
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full rental support;
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property management and tenant handling;
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regular reporting.
Result: a fully prepared rental business with predictable income.
Do you like the investments in our offer? Do you have any questions?
Select a date for an online meeting with our agent, during which you will get all the answers!
1 hr