A real estate expert has expressed concerns about property prices in Austria. Thomas Malloth told the Kurier today (Thurs): “The question is whether the middle class will manage to afford it in the near future if things keep developing this way.” Malloth said annual statistics reveal that all kinds of properties – cheap flats in […]
The Viennese government plans to offer affordable apartments to young families and singles who are on a low income. Viennese Social Democratic (SPÖ) Housing Councillor Michael Ludwig said at the SPÖ Vienna’s summit in Rust, Burgenland, yesterday (Thurs) that his department would create 2,000 “smart flats” within the coming two years. Ludwig said the apartments […]
Hundreds of thousands of Austrians will be forced to fork out more on rent soon. Radio station Ö1 reported yesterday (Tues) prices would be increased for certain categories of contracts. According to tenants’ representatives, 300,000 households will feel the price hikes set to come into effect later this month or next month. They explained that, […]
Hundreds of tenants had to leave their homes temporarily after a World War Two (WWII) bomb was found. The US American aerial bomb weighing 250 kilograms was discovered by workers engaged in the construction of Vienna’s new main train station yesterday afternoon (Tues). Around 200 residents of housing estates in the city’s Favoriten district were […]
The number of burglaries in Vienna is on the rise again, according to a report.The daily Kronen Zeitung newspaper cites a secret police document which shows that eight per cent more houses were broken into in the city in the final three months of last year compared to the same time span of 2009.Police in […]
A ruthless landlord boarded up the doors of several elderly tenants apartment, according to a report.The Kronen Zeitung reports today (Mon) that more and more victims of the Viennese businessman have come forward after having exposed his actions earlier this year.The daily newspaper accuses the man of nailing up the doors of apartments of tenants […]
Residents in a densely populated housing area in Vienna had a lucky escape after four gas bottles exploded on a neighbouring construction site yesterday around noon (Weds).Police in Favoriten district said today experts had started investigating the incident which occurred at a building site in-between the two apartment blocks.Officials said a massive fire kicked off […]
Prices for owner-occupied and rented flats in Vienna soared last year, according to new research.Real estate platform immobilien.net said today (Weds) prices for owner-occupied flats in the capital rose by six per cent to an average 2,446 Euros per square metre in 2009 year on year.It added rent prices after tax meanwhile increased by two […]