First Vienna Residential Market Report | 2020

FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

TOWN ON THE LAKE 1220 DONAUSTADT T HE LARGE AREAS available for new construction projects in Donaustadt are being put to good use for the purpose, making the Twenty-Second District one of the fastest-growing districts in Vienna. There are large areas for development along Wagramer Straße and Donaufelder Straße.

NEW INVESTMENT PROJECTS are under construction on Konstan- ziagasse with additional freehold apartments in Seestadt Aspern, and the "Danube Flats" development along the famous river will be a new feature of the Viennese skyline. The Old Danube is not only a place of recreation, it’s also a desirable residential area. ×

U Rennbahnweg

U Kagraner Platz

Alte Donau Donau- City

Wagramer Straße

Donauinsel U Kaisermühlen VIC U Alte Donau U Kagran

U Hausfeldstraße

U Aspern Nord U Seestadt

Seestadt Aspern

U Aspernstraße

U Hardeggasse

U Donauspital

U Stadlau

U Donaustadtbrücke

Raffineriestraße

HOTSPOTS

SPECIAL FEATURES OF DISTRICT Living near the water is almost commonplace in the Twenty-Second District – whether along the Danube or in Seestadt Aspern. The latter has gained in attractiveness for the Adaptive-Pragmatists Sinus-Milieu ® with its diverse recreational facilities and nearby metro service, while the Established Sinus-Milieu ® prefers the rather more peaceful residen- tial areas in the rural areas. Members of the New Middle Class also show a strong presence in Donaustadt, as they appreciate the district’s time-honoured residential buildings with plenty of room for the whole family. More than sixty percent of Donaustadt’s total area consists of

green space, which is not only attractive to its inhabitants but also the many visitors to the Old Danube and Lobau. All benefit from sound transport links, including the local recreation areas mentioned above, with the extensions to the U1 and U2 metro lines. The Vienna Orpheum provides a cultural calendar of variety shows, concerts, and readings around 280 days per year. Donau Zentrum, Vienna’s largest shopping mall, and the adjoining Donau Plex are always busy with local shops and services and a wide range of shopping opportunities besides, a cinema as well as cafés, restaurants, and pubs.