For the 5th time Mercer‘s „Quality of Living“ ranking (2014) lists Vienna as No.1!
Mercer‘s understanding of „Quality of Living“ includes 10 key kategories, for example „Political and Social Environment“, „Consumer Goods“, „Medical and Health Considerations“, „Public Services and Transport“, „Housing“, etc.
The ongoing success of Vienna doesn’t remain unseen overseas: Ruth Bloomfield has written an article about Vienna for the Wall Street Journal (13.2.2014), describing the luxury real estate property of Vienna and its high standard of living. Real estate expert Peter Marschall has been interviewed by her.
While real estate property began to drop in price all over Europe during the economic crisis in 2008, Vienna’s real estate prices even increased and are now up 55% since 2008.
Vienna’s historic center is a UNESCO World Heritage Site since 2001, therefore building regulations are very tight. So there are just a few very exclusive apartments and penthouses for sale in the 1st district, what leads to a strong demand and high prices. The city has also become very attractive to overseas buyers in the last few years and so Vienna’s most expensive apartment was sold by Mr. Marschall for over € 11 Mio. last summer.
One of the most remarkable real estate property in Vienna is the „Goldenes Quartier Living“, located in one of the best areas of the 1st district. Most of the high-end luxury apartments have been sold successfully, one of the remaining ones is for example the top penthouse above the Park Hyatt hotel with more than 600 sqm., four en suite bedrooms and four terraces.
Next to Vienna’s center, also the 18th and 19th districts are very attractive for buyers, especially for families, because of its large green areas and the nearby Vienna Woods. Here you have grand, historic villas next to modern apartments with demanding architecture.
Marschall Real Estate, luxury real estate expert for years now, offers the most exclusive luxury houses and apartments in Vienna and Austria – don’t hesitate to contact us for further information.
Marschall Real Estate – your reliable partner.
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