Real Estate in Vienna, Austria

Last updated on Mar 03, 2023

Summary: The average cost of a nice 2 bedroom home in Vienna, Austria is around €400,000, while a nice 3 bedroom home is around €500,000. These properties typically include modern amenities such as central heating, air conditioning, and high-end appliances. Some may also include a balcony or terrace. Foreigners are allowed to purchase property in Vienna, but there are certain restrictions. For example, non-EU citizens must obtain a residence permit before they can purchase a property. When searching for a home to buy in Vienna, an expat should consider their budget, desired location, and the type of property they are looking for. It is also important to research the local market and consult with a real estate agent. The most desirable neighborhoods in Vienna include the 1st District (Innere Stadt), the 9th District (Alsergrund), and the 19th District (Döbling). These areas are known for their high quality of life, excellent public transportation, and proximity to parks, restaurants, and other amenities.

How do I find a place to live in Vienna?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"If you are seeking a place to live in Vienna, you may want to begin by researching popular neighbourhoods, such as the 7th District which is known as Neubau and is home to many of the city's art spaces and bars. A great place to start is Wohnungsmarkt.at, which allows users to search for apartments in a variety of Vienna's neighbourhoods and compare prices. Additionally, WG-Gesucht.at is another popular website in Austria that helps match tenants to rental properties. Once you have narrowed down your search, you can meet with landlords or real estate agents to arrange a viewing in person. Be sure to also explore government-subsidised housing for students, interns and refugees as well as short-term furnished rentals," said one expat who made the move to Vienna, Austria.

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About the Author

Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.