Living in: Vienna
Many Viennese head to the Weinerwald for hiking and picnicking day trips in spots like Kahlenberg, a 480m-high mountain with spectacular views of the city. There are many wineries within the city limits and stopping by to taste the local vintages at a heuriger (tavern) is a traditional way to spend a summer’s evening. In the summer, biking or boating down the wide Danube through the Wachau, a bucolic valley and Unesco World Heritage Site just 65km west of Vienna, is a popular day trip. The Slovakian capital of Bratislava makes for a quick city break, just 80km to the east, and in winter many head to Semmering to ski, about 100km to the south.
The Vienna International Airport is the hub for Austrian Airlines and has many direct flights to Eastern European and Balkan destinations. London is a two-and-a-half hour flight and New York an eight-and-a-half hour flight.
The housing market in Vienna, which attracts foreign buyers from around the world, has seen minor price increases in the most popular districts and drops of around 5% in less desirable areas far from the city centre, Koch de Gooreynd said. “Eastern Europeans have been the most active in recent years, but there is interest the world over from buyers focused on a very safe and culturally explosive location,” he added.
The available housing stock in the 1st district is mainly apartments, which cost between 1.5 and 5 million euro. Condos in the centre cost double what they do in a neighbourhood like the 7th district of Neubau, just outside the Ringstrasse. Family homes in the prime locations of the 13th and 19th districts can reach prices as high as 3 to 7 million euro. There has been an uptick in investment properties recently, resulting in a slight oversupply of rental apartments. An 80sqm apartment in a centrally located district averages between 600 and 1,200 euro per month.
The Vienna Review: monthly English-language publication covering news, culture, travel and entertainment
Sushi and Strudel: a food blog about Vienna’s restaurant and dining scene
Vienna Times: English-language daily news, politics and business