Vienna, celebrated for its rich history, world-class infrastructure, and unmatched livability, continues to offer a robust and resilient real estate environment. In 2025, apartment prices in Vienna remain high by Central European standards, reflecting the city’s attractiveness for both residents and investors. On average, the cost of an apartment in Viennastands at approximately €6,600 to €7,050 per square meter, translating into roughly €330,000 for a 50 m² unit or €660,000 for 100 m². Let’s delve into the specifics of this dynamic housing market in Vienna.

Average Price per m² in Vienna in 2025: How Much Does Property Cost?

As of early 2025, the average price per m² in Vienna ranges between €6,600 to €7,050. This slight increase compared to 2024 suggests a renewed upward trend following a temporary market slowdown. Compared to the average cost of a home in Vienna in previous years, the current figures confirm the city’s trend of long-term appreciation rather than speculative spikes.

Vienna's prices are notably higher than the Austrian national average (around €2,850/m²), positioning the capital as a premium market in the region. However, it's still more affordable than real estate in cities like Paris or Zurich, making Vienna a balanced option in terms of cost and quality of life.

Best Districts to Buy Property in Vienna: 2025 Price Comparison by Area

The city’s 23 districts present a broad spectrum of pricing. For those wondering where to buy property in Vienna, location remains the most influential factor in overall property cost.

Innere Stadt (1st District): This historic core is the pinnacle of Vienna’s luxury market, with prices reaching €20,000 per m² or more. These ultra-prime properties cater to elite buyers and often include historic architecture and exclusive amenities.
Mariahilf (6th) and Josefstadt (8th): Popular central areas with a blend of tradition and trendiness, where prices typically range from €9,200 to €9,500 per m².
Döbling (19th) and Hietzing (13th): These districts, known for green spaces and high-end villas, average around €7,600-€7,900 per m².
Favoriten (10th), Simmering (11th), Floridsdorf (21st): More budget-friendly and residential, with prices between €5,000 and €5,200 per m², appealing to first-time buyers and investors seeking higher Vienna ROI property.

For a 70 m² two-bedroom flat, buyers can expect:

€450,000-€600,000 in middle-income districts.
€1.5 million+ in top-tier central areas.

These district-level differences are essential when evaluating the best areas to invest in Vienna.

Vienna Property Market Forecast 2025: Trends, Growth & Stability

The Vienna property market forecast for 2025 suggests continued price growth in the low single digits-around 4% annually. This increase is largely driven by inflation, steady demand, and a modest recovery from the mild price dip of 2024. Importantly, Vienna’s real estate sector is not prone to volatility. The last decade has shown consistent, sustainable appreciation rather than sharp booms or busts.

A key factor in the real estate trends in Austria is the return of buyer confidence. After 2023–2024 saw cautious activity due to economic headwinds, 2025 marks a more optimistic chapter, with rising transaction volumes and a clear uptick in buyer interest.

Key Factors Driving Apartment Prices in Vienna This Year

Several forces are shaping property cost in Vienna in 2025:

Quality and Construction Year: Modern Vienna new builds in 2025 often command a premium of 10–20% due to energy efficiency and enhanced amenities. Yet, renovated Altbau (pre-war) apartments in historic zones remain highly coveted.
Limited Supply: Central Vienna faces strict planning controls, making new development rare. Recent data shows a drop in housing permits, particularly in urban areas, placing upward pressure on existing residential stock.
High Demand: With Vienna’s population nearing 1.95 million and continued in-migration, the demand for residential property in Vienna remains intense-especially in accessible, mid-range districts.
Mortgage Environment: With eurozone interest rates stabilizing and Austria’s historically low borrowing costs, financing remains favorable. Combined with limited speculation and a cautious development pipeline, this supports price stability.

Investing in Vienna Real Estate in 2025: Is It Still Worth It?

Investing in Vienna real estate is seen as a secure long-term strategy. While the Vienna rental yield in 2025 averages between 3-4%-lower than in riskier markets-this is offset by the city’s safety, low vacancy rates, and consistent demand.

A typical rental apartment priced at €6,000/m² might command €15/m² in monthly rent, leading to a 3% gross yield. Although not exceptionally high, such returns are considered solid in a market with strong capital preservation and potential for appreciation.

Moreover, Vienna offers favorable tax conditions for owners - rental income taxed at standard progressive rates, but with many deductible expenses.

Notably, foreign nationals-especially from OECD countries-can purchase property with relative ease. EU citizens face no restrictions, while non-EU buyers must apply for a permit, but most applications are approved smoothly.

Expat Housing in Vienna: Affordability and Buyer Guide for 2025

Expat housing in Vienna is typically concentrated in central and western districts, where infrastructure, international schools, and green spaces are most accessible. Many expatriates rent, but those choosing to buy often seek long-term residence or investment stability.

From a financing perspective, Vienna remains accessible. With average salaries aligning well with moderate interest rates, housing affordability is reasonable compared to other European capitals. The upfront costs of buying include:

3.5% property transfer tax,
1-2% land registry and notary fees,
and optional agency fees.

Despite these transaction costs, buying an apartment in Vienna is still seen as an attractive proposition due to the low-risk profile and value retention.

Vienna Apartment Prices in 2025: Cost Examples by Size and District

One-bedroom (50 m²) in Meidling (12th): €300,000-€350,000
Three-bedroom (100 m²) in Alsergrund (9th): €600,000-€750,000
Compact unit (30-40 m²) in Floridsdorf: €180,000-€220,000
Luxury penthouse on the Ringstraße: €2-5 million+

These examples reflect the diversity and tiered nature of the Vienna apartment market, giving buyers options across price brackets.

Vienna Real Estate Outlook 2025: Stable Growth and Long-Term Value

The Vienna property price analysis for 2025 confirms a market defined by stability, moderate growth, and enduring desirability. Vienna combines high living standards with strong market fundamentals. Its reliable infrastructure and cultural appeal make it a smart choice for investors, a step up for local buyers, and an attractive entry point for international purchasers seeking long-term value.

For detailed insights into Austrian real estate - including regional breakdowns, taxes, investment procedures, and buyer guides - visit our “Countries” section and explore our full Austria property guide.

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How Much Does an Apartment in Vienna Cost in 2025? A Comprehensive Market Analysis

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