First Vienna Residential Market Report | 2020

FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

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SCENIC HERITAGE 1080 JOSEFSTADT D EMAND FOR HOUSING is high and availability is scarce in Vienna’s smallest district, which is mainly due to the shortage of free space and resulting low volume of construction activity. This has affected the prices of housing available even if it doesn’t make Josefstadt any less attractive.

THE DISTRICT BENEFITS FROM NEW PLACES to meet on Lange Gasse, with a new residential project on Trautsongasse nearby, as well as greening for traffic calming. Another residential project is cur- rently under construction on Blindengasse near the Josefstädter Straße hotspot. ×

Alser Straße

Laudon- gasse

U Josefstädter Straße

Josefstädter Straße

U Rathaus

Josef­ städter Straße

Lerchenfelder Straße

HOTSPOTS

SPECIAL FEATURES OF DISTRICT The theatre house in Josefstadt was founded in 1788, and is Vienna’s old­ est theatre. Great actors and poets such as Johann Nestroy and Oskar Werner have graced the stage here. The Oskar-Werner-Hof building at Lenaugasse 19 was named after the latter. The wide variety of cultural leisure attractions together with the ethnically diverse range of cafés and restaurants at this traffic-calmed location makes the Eighth District especially attractive for the Postmaterialists Sinus-Mi- lieu ® . Green areas only account for just under two percent in Josefstadt,

but the seventy percent built-up area provides lots of small Viennese “Platzl” squares with an inviting variety of bars and restaurants to relax in.

Also Emanuel Schikaneder, actor and author of The Magic Flute, spent the last years of his life as a resident of the Eighth District until his death in 1812. Apart from cultural and historical highlights that Josefstadt has to offer, the district is also known as a school district with the University of Vienna close by and easy to reach, which is greatly appreciated by many students and families.

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