Lower Austria
Austria’s easternmost province, Burgen- land, is enjoying growing popularity. The northern region benefits, above all, from numerous hotspots along Lake Neusiedl. The large catchment area, specifically with the dynamic business hub in Parndorf, has become an innovation engine for the real estate sector. Sustainable, future-oriented building projects are gaining in importance and raising housing to a new level. Square metre prices range from 3,750 to 4,115 Euros, depending on the micro-location. Es- pecially for investors with vision, this is an ideal investment environment: An average rent of 11.50 Euros net/sqm can produce a yield of roughly 3.5 %. Burgenland
The apartment market in the province of Lower Austria remains a hotspot for investors due to its strategically favourable location before the gates of the Vienna. De- mand is high for well-connected cities and communities, specifically in the northern regions from Deutsch-Wagram to Korneu- burg and up to Stockerau and Krems. These locations benefit from excellent infrastruc- ture and traffic connections. The southern part of Lower Austria includes exclusive residential areas like Mödling and Baden as well as increasingly attractive rental locations along the railway line and motor- way to Wiener Neustadt. Lower Austria is a booming location, above all for families, because the cost of living is lower and rents remain affordable.
Steindlstraße 6 3500 Krems
21
Kollonitschgasse 5 2700 Wiener Neustadt
Ackergasse 14 2700 Wiener Neustadt
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