Overview of Vienna’s Districts
5., Margareten
The only district within the beltway without a direct border to the inner city was once one of Vienna’s most dynamic submarkets, but the catch-up process has steadily lost momentum since mid-2022. Above-average performance is, however, expected to return over the medium term, also because the long-awaited extension of the U2 subway line will be accessible to the entire district in 2028.
Margareten remains the district with the lowest entry prices for investment properties within the beltway, even after a significant upturn in the years up to 2022. This standing principally reflects the con-
completed in 2028 and give the district two additional subway stations (Matzleins- dorfer Platz and Reinprechtsdorferstrasse). The Pilgramgasse station will also become an important subway hub. These three
is comparable to other central districts. The major upward trends are expected here when the investment property market recovers.
siderable distance to the inner city. An important role is also played by the social structure, which differs substantially from the other central districts.
The three stations will lead to strong demand for apart- ments and a rising price level in the surrounding areas.
From the viewpoint of investors, the discount in the lower price
Margareten
segment also represents an opportunity. It shows that the 5 th District still has a certain upward potential, which is hardly visible under the current difficult conditions but beyond doubt in the long run. The differ- ence between the square metre prices for entire buildings and the square metre prices for condominiums is above average and creates an attractive scenario for the sale of individual units. Additional impulses can be expected over the coming years through the improvement in connections to the public transportation network: The extension of the U2 subway line to Matzleinsdorfer Platz will be
stations will lead to strong demand for apartments and a rising price level in the surrounding areas. The modernisation of the rapid transit home line to accommodate higher frequencies will be another bonus for the Matzleinsdorfer Platz, although it is less important than the subway. The most attractive future prospects are found in the areas around the three future U2 subway stations and Margaretenplatz with its extremely popular gastronomy zone in the Schlossquadrat. This quarter has developed a unique locational quality and
Investment prop. prices 2,100 to 5,800 EUR/sqm
Yields
2.1 to 3.2 %
Monthly rents (net) in EUR/sqm
Apartments
Ø 13.10
Offices
10.50 to 17.00
Retail space A locations
12 to 25
Retail space B locations
6 to 10
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Investment Property Report
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