First Vienna Residential Market Report | 2021

FIRST VIENNA RESIDENTIAL MARKET REPORT | 2021

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DELIGHTFUL WIEDEN 1040 WIEDEN T HE FOURTH DISTRICT has relatively few new residential construction projects due to the small area. Even so, Wiedner Hauptstraße has shown great development; areas such as around

Südtiroler Platz are also very popular as they benefit from good metro and regional railway connections as well as local developments in recent years. Other hotspots in the district include Naschmarkt and Freihausviertel. ×

U Karlsplatz

Nasch- markt

Frei- haus- viertel

Prinz-Eugen-Straße

U Taubstummengasse

Favoritenstraße

Süd- tiroler Platz

U Südtiroler Platz

Hauptbahnhof

HOTSPOTS

SPECIAL FEATURES OF DISTRICT Young and old, students and long-time residents, artists and academ- ics come together in Wieden. This makes for a colourful infrastructure with small boutiques and hip speciality shops around Margaretenstraße, countless galleries closely packed together, and a diverse bar and restau- rant scene in the Freihausviertel quarter as well as a rich variety of cultural attractions in Karlsplatz with its magnificent baroque church. The Post- materialists Sinus-Milieu ® appreciates the district’s proximity to learning institutions such as the Technical University and the Theresian Academy, and the well-developed network of cycle paths. High Achievers are equally well-represented as they appreciate the diverse restaurants and cafés as

well as the centrally located, prestigious residential environment close to the city centre.

Many famous historical cultural figures have come to Wieden. Schikane- dergasse calls tomind the lyricist who wroteMozart’s “Magic Flute“ that pre- miered in the former Freihaustheater in 1791. Not far from there, the Zau- berflötenbrunnen, or “Magic Flute Fountain”, is a further memorial to this piece of heritage. The many cosy corners and quaint alleys of this previous suburb on the River Wien go some way to compensate for the relatively sparse availability of green space at around ten percent of the total area.

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