Property price rise continues

Categories
Business

The price of property in Vienna has now spiralled so much that every 4th apartment comes with a price tag of 500,000 or more. And every second flat costs 300,000 or more. One of the reasons is that the shortage of available property is resulting in many appartements being renovated and also investment in attic […]

Danube barracks on sale for 9 million

Categories
General News

An Army camp built to house German troops after they marched into Austria and then housed Communist troops has been put up for sale with a pricetag of at least €9 million. The Tegetthoff barracks in the Döbling area of Vienna were first used by the German Wehrmacht after the entry into Austria in 1938. […]

Many Austrians willing to relocate, study shows

Categories
Business

A fifth of Austrians plan to move within three years, a new poll reveals.Public opinion research firm Market found that 20 per cent of people are so unhappy about their current accommodation they seek a change of scenery in the coming three years. The agency said today (Weds) especially people aged 30 and older want […]

Cleaner exposed as serial arsonist

Categories
General News

A cleaner faces criminal charges after admitting having started several blazes in Vienna.Police interviewed the 32-year-old man as they investigated a series of 10 fires which have caused substantial damage to various properties in the city over the past four months.The man, who works for a facility management firm, confessed today (Fri) to having started […]