FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020
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1010 INNERE STADT
V IENNA’S NUMBER ONE ADDRESS
V IENNA’S FIRST DISTRICT is undergoing a residential de- velopment boom the likes of which it has not seen for years. Experience from recent years has shown that luxury is not a question of size with demand for one and two-bedroom apartments rap- idly growing.
PRESTIGIOUS PROJECTS are currently under construction around the City Hall, on Börseplatz 1, on Parkring 14, and at Palais Schotten- ring. Franz-Josefs-Kai also has new development projects being planned. The district’s hotspots include Börseplatz, Graben, and the area around Tuchlauben. ×
U Schottenring
U Schottentor
Börse- platz
U Schwedenplatz
Tuch lauben
Rotenturmstraße
U Rathaus
U Herrengasse
Graben
U Stephansplatz
U Stubentor
Kärntner Straße
U Volkstheater
U Stadtpark
U Museumsquartier
HOTSPOTS
U Karlsplatz
WOHNEN (PREIS/m 2 ) SPECIAL FEATURES OF DISTRICT The city centre is a diverse part of Vienna, and is hugely popular amongst inhabitants and tourists. Its exclusivity attracts especially the High Achiev ers and Established Sinus-Milieus ® : High Achievers appreciate the cos- mopolitan environment and its proximity to trendy restaurants, while the Established find contentment in their prestigious residential area close to cultural institutions such as the State Opera and Albertina Museum.
EIGENTUM ERSTBEZUG SONSTIGE MIETE ERSTBEZUG SONSTIGE coffeehouse culture is still celebrated. Ringstraße is a downtown boule- vard that replaced what was once the city walls in the mid-eighteenth century, and is now a varied and rich high-street shopping experience. It also provides an opportunity to stroll through the city and take in all kinds of architectures and institutions telling their own fascinating story. One such building can be found at Bauernmarkt 10, where famous author Franz Grillparzer was born. Just under fifty percent of the area has been developed, but the green areas in the city centre that account for around ten percent of the total area of the district provide a uniquely elegant flair.
Life is there to be enjoyed over a slice of the legendary Sachertorte choco- late cake or melange coffee in the iconic Café Hawelka, where Viennese
ZINSHAUS
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