Over 15 years of experience in Munich, Bavaria & the surrounding area. Commission the best real estate agents for your property in Vienna.
Between the decision to sell and the notary appointment in Vienna, there are usually several months of work: gathering documents, reliably determining the value, finding the right buyer group, negotiating. We take over these steps completely and keep you informed of every interim status.
A significant proportion of properties in Vienna change owners before an advertisement is placed. Those with a registered search profile are on the list the moment an owner commissions us. You describe once what you are looking for — location, size, budget, condition — and you will only hear from us when it truly matches.
Personally by Gerhard Hahn · FREITAG® Immobilien GmbH
Over 30 years of experience as a real estate specialist
We generally market your property in Vienna initially off-market — without a sign, without an online advertisement, without a public exposé. Only when the discreet route has been exhausted and you expressly wish it, do we move to broad marketing. This way, your privacy is preserved — from neighbours, tenants, employees, and the tax office.
»Competent and trustworthy, absolutely perfect«
»Mr Freitag successfully sold my company mudis and completely surprised me with the sale price. I am still absolutely thrilled!«
»FREITAG® Immobilien helped us quickly and professionally with a financially very urgent matter. Many thanks again for that!«
Anyone looking for an experienced real estate agent in Vienna expects more than just the publication of an advertisement. Crucial factors are a realistic valuation, a suitable marketing strategy, high-quality documentation, professional communication with prospective buyers and secure contract processing. This is precisely where we come in.
As a real estate agency for Vienna, we support owners, communities of heirs, capital investors, and landlords in all phases of real estate brokerage — with clear processes and transparent advice.
Personal consultationPersonal, discreet, with over 15 years of market knowledge – your real estate agent for Vienna.
You don't have to come to us: For a personal consultation or a property valuation, your real estate agent will, of course, come to you in Vienna – discreetly, without obligation, and at an appointment time that suits you.
Market data for Vienna at a glance: purchase prices for houses and flats, rents, and land values, each with a history of several years. The basis is publicly available statistics and analyses from the valuation committees.
Current average purchase price per m² for houses in Vienna: 6,476.5 €/m²
House prices in Vienna have risen significantly over several years — driven by its proximity to Munich, high demand for family-friendly home ownership, and limited supply. Strong increases until 2022 were followed by a slight correction in 2023/2024, before the market recently showed renewed strength.
| Year | Avg. value | Change |
|---|---|---|
| 2016 | 3,817.5 €/m² | – |
| 2017 | 4,012.5 €/m² | +5.1 % |
| 2018 | 4,572.5 €/m² | +14 % |
| 2019 | 4,855.5 €/m² | +6.2 % |
| 2020 | 5,348 €/m² | +10.1 % |
| 2021 | 6,345 €/m² | +18.6 % |
| 2022 | 7,263.5 €/m² | +14.5 % |
| 2023 | 6,510 €/m² | -10.4 % |
| 2024 | 6,476.5 €/m² | -0.5 % |
Current average purchase price per m² for apartments in Vienna: 5,106.5 €/m²
Apartments in Vienna have also shown a positive long-term price development. It was particularly dynamic between 2017 and 2022. Since 2023, a noticeable calming has been observed — albeit without significant price decreases. The limited supply continues to support the price level to this day.
| Year | Avg. value | Change |
|---|---|---|
| 2016 | 3,342 €/m² | – |
| 2017 | 3,672.5 €/m² | +9.9 % |
| 2018 | 3,854 €/m² | +4.9 % |
| 2019 | 4,305.5 €/m² | +11.7 % |
| 2020 | 4,627 €/m² | +7.5 % |
| 2021 | 5,017 €/m² | +8.4 % |
| 2022 | 5,558 €/m² | +10.8 % |
| 2023 | 5,270.5 €/m² | -5.2 % |
| 2024 | 5,106.5 €/m² | -3.1 % |
Current average land value per m² in Vienna: 916.5 €/m²
The land value in Vienna has developed significantly upwards — a reflection of the quality of the location and its proximity to the Munich market. Plots are scarce, and demand is structurally high. Strong increases until 2022 were followed by a brief consolidation before values stabilised.
| Year | Avg. value | Change |
|---|---|---|
| 2015 | 301.6 €/m² | – |
| 2016 | 912.5 €/m² | +202.6 % |
| 2017 | 916.5 €/m² | +0.4 % |
| 2018 | 913.5 €/m² | -0.3 % |
| 2019 | 915 €/m² | +0.2 % |
| 2020 | 915 €/m² | 0 % |
| 2021 | 915 €/m² | 0 % |
| 2022 | 917.5 €/m² | +0.3 % |
| 2023 | 918.5 €/m² | +0.1 % |
| 2024 | 916.5 €/m² | -0.2 % |
The real estate market in Vienna can be classified overall as a relatively small but stable sub-market. For buyers, this means that supply is limited, but pricing is still more moderate compared to larger centres. This keeps Vienna interesting for owner-occupiers who value quiet living and good regional connectivity. On the seller's side, sustained demand points to a solid market position, even if the sharpest price jumps are likely behind us for the time being. For investors, Vienna is attractive primarily due to the combination of a manageable entry price, stable rents, and good lettability. In particular, apartments in good condition with functional floor plans can usually be let quickly. The rough gross rental yield range is currently mostly between 3.0% and 4.2% gross, depending on property quality, location, and purchase price level. Houses often achieve lower yields, but are interesting for long-term owner-occupiers and wealth-oriented buyers. Overall, the development of real estate prices in Vienna points to a market with moderate growth, solid demand, and limited downside risk. Anyone observing the price per square metre in Vienna will recognise a phase of consolidation following the strong increases of previous years, without the location's attractiveness having noticeably diminished.
The data from recent years paints a clear picture of price movements for Vienna within the Austrian market. For detached and terraced houses in Vienna, the average purchase price moved from 3.818 €/m² in 2016 to currently 6.476 €/m² (2024) — a total change of +69,7% over 8 years, which corresponds to an average value increase of +6,8% p.a. The previous peak was reached in 2022 at 7.264 €/m²; since then, the market has corrected by -10,8% — a pattern typical in many medium-sized German markets following the interest rate turnaround. Condominiums in Vienna started in 2016 at around 3.342 €/m² and are now at 5.106 €/m² (+52,8% over 8 years, Ø +5,4% p.a.). This makes them suitable as an entry point into home ownership or as an investment with a manageable ticket size. The land value in Vienna rose from 302 €/m² (2015) to currently 916 €/m² (+203,9% in 9 years) — a key indicator of the structural location quality and local demand for building land. The available market data results in a rough gross rental yield range for Vienna of 3,0% to 4,2% — depending on property condition, micro-location, and occupancy status. For owners in Vienna considering a sale or letting, an individual, data-based valuation is the most important first step — it replaces estimates from online calculators that cannot account for micro-location, energy efficiency, and the building's fabric. FREITAG® provides this valuation free of charge and without obligation.
Rental yield range (approx.): 3 – 4.2 % gross.
These market data are regularly updated and reviewed at least every 12 months based on current statistics and expert committee data.
Current market values in Vienna compared to the median of all municipalities in Wien.
| Key figure | Vienna | Wien (Median) | Difference |
|---|---|---|---|
| Houses Ø | 6,477 €/m² | 6,477 €/m² | 0 % |
| Flats Ø | 5,107 €/m² | 5,107 €/m² | 0 % |
Annual average values for purchase prices (houses & flats) and rents in Vienna, each including the change compared to the previous year.
| Year | Houses Avg/m² | YoY | Flats Avg/m² | YoY |
|---|---|---|---|---|
| 2016 | 3,818 €/m² | – | 3,342 €/m² | – |
| 2017 | 4,013 €/m² | +5.1 % | 3,673 €/m² | +9.9 % |
| 2018 | 4,573 €/m² | +14 % | 3,854 €/m² | +4.9 % |
| 2019 | 4,856 €/m² | +6.2 % | 4,306 €/m² | +11.7 % |
| 2020 | 5,348 €/m² | +10.1 % | 4,627 €/m² | +7.5 % |
| 2021 | 6,345 €/m² | +18.6 % | 5,017 €/m² | +8.4 % |
| 2022 | 7,264 €/m² | +14.5 % | 5,558 €/m² | +10.8 % |
| 2023 | 6,510 €/m² | -10.4 % | 5,271 €/m² | -5.2 % |
| 2024 | 6,477 €/m² | -0.5 % | 5,107 €/m² | -3.1 % |
Source: FREITAG® Immobilien's own market research based on publicly available statistics and expert committee evaluations.
Frequently asked questions about buying, selling, financing, and living in Vienna — concisely answered.
Property annuity (Immobilienverrentung) in Vienna means: You transfer ownership, but retain the right of use. Four options are available — Usufruct (Nießbrauch) (most extensive rights, including letting), Right of abode (personal use), Life annuity (monthly payment instead of a lump sum) and Sale-and-leaseback (sale at full price, followed by a rental agreement).
Which option is suitable depends on your age, health status, inheritance situation and the current market value of your property in Vienna. These factors directly influence the valuation — therefore, we do not make blanket promises regarding the achievable amount.
The initial consultation is free and without obligation. Upon request, we will involve relatives, tax advisors or notaries from the outset, so that the solution is also sustainable within the family in Vienna.
Entrepreneurs in Vienna who wish to sell their commercial property and lease it back use Sale & Lease-Back: They sell office buildings, warehouses or practice premises to an investor, receive liquidity for growth or consolidation, and lease the property back long-term. The location in Vienna remains unchanged.
FREITAG® accompanies the entire process: value-based valuation, selection of qualified investors, contract drafting with clear lease-back conditions — including options for repurchase and flexible terms.
We check free of charge whether your commercial property in Vienna is suitable for a Sale & Lease-Back and obtain transparent offers — without obligation and without hidden costs.
Whether a country inn, city café, hotel garni, or boarding house with an annex — for hospitality and accommodation properties in Vienna there is a specific, manageable circle of buyers. We have known and cultivated this circle for years, instead of advertising widely.
Often, leasing is the calmer path: you retain the property in Vienna your portfolio, hand over operational management, and receive ongoing income. We check the concept and creditworthiness of the tenant before the contract is concluded.
If the property is vacant or no longer profitable to operate, we examine repurposing — for example, into residential space, a boarding house, or practice premises. What is Vienna legally permissible under building law, we clarify before marketing.
Managing Director of FREITAG® Beteiligungsgesellschaft mbH
Gerhard Hahn has been appraising and brokering real estate in Bavaria and Southern Germany for more than three decades. His focus is on properties that are not publicly advertised, and on constellations where multiple owners need to find a common solution.
A reliable valuation in Vienna requires genuine comparative data and a feel for micro-location — Gerhard Hahn has internalised both after 30+ years of market proximity in Bavaria and Vienna. Personal appointments in Vienna are an integral part of every mandate for Gerhard Hahn — no remote diagnosis, no templates.
Note: This list is based on AI-powered research (ChatGPT) of publicly available sources and does not constitute an official evaluation or recommendation. The order does not imply a hierarchical ranking.
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From measurements and the energy performance certificate to buyer selection: We fully prepare your house before it goes on the market — and conduct negotiations up to notarisation.
Minutes of the owners' meeting, maintenance reserve fund, and special rights of use are also decisive for the price. We review the documents before the first viewing appointment.
We clarify the development plan, development status, and suspected contamination in advance — this prevents price reductions during negotiations.
Office, practice, warehouse, hotel, or gastronomy — discreet marketing with a sound valuation and personal support until completion.
Professional market placement, well-considered tenant selection, and legally sound documents for a smooth letting of your flat.
Detached houses, semi-detached houses, or terraced houses appeal to different target groups — we ensure the appropriate presentation and solvent tenants.
We calculate how much a registered right of residence (Wohnrecht) reduces the purchase price — and whether property annuity (Immobilienverrentung) is worthwhile for you compared to a traditional sale.
Comparative value, intrinsic value (Sachwert) or income approach (Ertragswert): We select the appropriate method for the property and disclose the derivation, instead of just stating a number.
Contact us — we will advise you without obligation on valuation, marketing, and next steps.
Phone hours: Mon–Sat 09:00–20:00 · Sun & public holidays closed
| Country | Deutschland |
| Federal State | Wien |
| Community Key | 9 |
Quellen: Wikipedia (accessed on 2026-05-11)
According to analysis, the Vienna housing market continues to show more new construction than in the previous year, but remains below demand. Particularly in the rental segment, declining building permits and rising costs are described as drivers for further increasing peak rents.
According to the report, Vienna is committed to a clear growth path intended to combine jobs, innovation, and affordable housing. Mentioned are, among others, five urban development areas with a total of around 4,530 subsidized apartments upon completion, as well as new areas in Simmering and Donaustadt.
The article describes two large residential construction projects in Vienna with a combined total of more than 440 new housing units. Mentioned are, among others, the project "Im Terrassengarten" in Vienna-Simmering and "Roomeo" in Vienna-Donaustadt.
The report covers several major projects of the Vienna Housing Offensive 2024+ with 22,200 subsidized apartments. Mentioned are units already in planning or under construction, as well as further locations via developer competitions.
The report forecasts declining construction activity for Vienna and points to falling building permits. For 2025, significantly fewer privately financed rental apartments are expected, with the low point to be reached in 2026.
The issue highlights Vienna's economic policy direction, including digitalization, sustainable location development, innovation promotion, and productive urban development. Furthermore, reference is made to an investment volume of over 800 million euros triggered by the Vienna Business Agency.
The article warns of a massive decline in new housing construction in Vienna. According to an industry report, the number of completions is expected to drop significantly by 2026, after around 17,000 apartments were still completed in 2023.
The strategy "VIENNA 2030 – Economy & Innovation" builds on the strengths of the Vienna location and aims to utilize its potential. The topic is presented as the city's long-term economic and location policy guideline.
