Vienna
Real Estate News

Making Sense of Brexit: What Happens to UK Property Markets After the Vote?

Making Sense of Brexit: What Happens to UK Property Markets After the Vote?

With the Brexit vote is complete, and the divorce proceedings of the UK from the European Union is now afoot, with considerable uncertainty and no real precedent, the future implications for UK's property markets are significant. Read More »


Property Investment in European Outlet Centers Explode 300 Percent Since 2013

Property Investment in European Outlet Centers Explode 300 Percent Since 2013

According to CBRE, over €1.1 billion ($1.26 billion USD) was invested into European Outlet Centres in 2015, with transaction volumes more than three times the number recorded three years prior. Read More »

European Gas Station Property Values Impacted by 7-Year Low Fuel Prices

European Gas Station Property Values Impacted by 7-Year Low Fuel Prices

According to Knight Frank, oil tumbled to its lowest level for nearly 12 years last week, raising the prospect of further falls in fuel prices at the pumps. Read More »

€70 Billion of European Real Estate Loan Sales Forecasted for 2015

€70 Billion of European Real Estate Loan Sales Forecasted for 2015

According to Cushman & Wakefield's European Real Estate Loan Sales Market Report, there was €12.2 billion of closed European commercial real estate loan and real estate owned transactions in Q1 2015. Read More »


Click here to search for International Property Listings in Vienna.

Global Property Spotlight

Golfito Marina Village & Resort - (Costa Rica)

Golfito Marina Village & Resort - (Costa Rica)

Costa Rica's Newest Luxury Superyacht Destination Now Under Construction Read More »

Last Updated June 28, 2016 8:00 AM ET

Vienna Property News

Prices for prime residential property in the world's leading city markets rose by only 0.2%.

Meliá Hotels International will open its first location in Austria, in the country's tallest skyscraper. The Meliá Vienna will take up 17 of the 58 floors in the 722-foot-tall DC Tower I, according to a company announcement.

The most exclusive property in Austria's most expensive ski resort is for sale with a price tag of €35,000,000 (USD $47,540,525). The 13-bedroom chalet in the Tyrolean resort of Kitzbühel boasts a 16-seater cinema, a gym, sauna and spa complex and underground heated garage.

New-build apartments and chalets in Lech and Obergurgl, two of Austria's most exclusive Alpine holiday resorts, are available for sale, a rarity in the Austrian market. In many parts of the Alps, the property is owned by a small number of families.

Immofinanz Group has sold the Hilton Vienna Danube hotel for €48.4 million ($63.5 million) to a subsidiary of Internos Real Investors Kapitalanlagegesellschaft, Frankfurt am Main. The sale price was higher than the book value, the company said.

Melbourne, Australia, is the most livable city in the world, at least based on a complex formula devised by the Economist Magazine. Melbourne beat out Vienna and perennial winner Vancouver, primarily based on its infrastructure.

Austrians, wary of the Eurozone financial crisis, are placing their bets and their money these days in residential real estate. Like neighboring Germany, prices are rising in Austria, especially in the fabled city of Vienna. Select Property, an international residential broker based in London, notes the outskirts of Vienna have shown an increased demand for property which is driving up the prices.

According to STR Global, the European hotel market reported overall positive revenue per available room growth 12-months to January. Despite the economic conditions a majority of the 157 cities and destinations tracked in Europe, only 15 saw declining demand.

(VIENNA, AUSTRIA) -- The Ritz-Carlton Hotel Company announced plans to continue its global expansion with the brand's first hotel in the capital city of Vienna. The Ritz-Carlton, Vienna is owned by an investor represented by Verny Capital.

Today the Ritz-Carlton Hotel Company announced plans to continue its global expansion with their first hotel in Austria's capital city of Vienna.

(LONDON, UK) -- STR Global announced today that after a tough year for the Vienna hotel market coming to a close, it is time to look ahead to 2010. STR Global, working in cooperation with the Oesterreichische Hoteliervereinigung, predicts occupancy...

(PRAGUE, CZECH REP.) -- Hotel owners in the Czech Republic are experiencing their second straight season of slumping occupancy.The number of guests staying in Czech hotels was down almost 9 percent in the first half of 2009 over last year....

×
WORLD PROPERTY JOURNAL
 
Free News Alerts
 

Sign up now to receive the latest local & global real estate news in your inbox.

GO