Overview of Vienna’s Districts
5., Margareten
The lowest purchase prices within the beltway have made Margareten a popular investment target for developers. Prices have adjusted to neighbouring district levels, but the 5th District still receives little attention due to a lack of impulses – a situation that is, by all accounts, certainly not justified.
The decline in transaction activity and downward trend in prices have been particularly noticeable in Margareten. Only four investment properties and four invest- ment property shares were sold during 2024. The total volume was accordingly modest at roughly 26 million Euros and represented less than 40 per cent of the
sition climate in Vienna, the market has been slowed by local effects. The impulses provided by the extension of the U2 underground line have been exhausted, and the construction delay has become an added negative factor. The price difference to other centrally located districts has also declined and points to a reduced potential for growth.
inprechtsdorfer Strasse to Mittersteig. The entrance to the Reinprechtsdorfer Strasse U2 station will be located in the western section, and numerous creative firms have already found a base here – two strong indications for the location’s medium-term potential. Properties with good opportuni- ties for value appreciation, especially for developers, should become available in this area during 2025 and 2026.
value in the ad- jacent Wieden. Additional closings up to May 2025 have left the overall picture basically unchanged.
This former “insider tip“ is quite inactive at the pres- ent time, but momentum will be increased by the completion of the U2 un- derground line.“
However, the medium-term perspectives re- main intact: The underground extension is scheduled for completion in roughly
Margareten
Investment prop. prices 1,800 to 4,800 EUR/sqm
The largest deal was the
Prime Yields
2.3 to 3.7 %
purchase of an investment property in the Krongasse on the border to Wieden by Erste KAG, for nearly 9.4 million Euros. The highest square metre price by far (4,750 Euros) was paid in the Giessaufgasse by a project developer, but an investment property share sold for only 1,850 Euros/ sqm several metres away at the Einsiedler- platz.
three years. That will make the residential areas near the Reinprechtsdorfer Strasse considerably more attractive and acceler- ate the previously sluggish recovery in the social structure. The separation and sale of investment properties as independent units will then also become a well-function- ing business model in Margareten.
Monthly rents (net) in EUR/sqm
Apartments
Ø 13.60
Offices
11.00 to 18.00
Retail space A locations
12 to 25
Retail space B locations
6 to 12
EHL Top Tip: Siebenbrunnen quarter The Siebenbrunnengasse runs from the Re-
In addition to the generally weak acqui-
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Investment Property Report
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