OFFPLAN NEWS

(27.06.2007 )
Property Austria Austria: Rental Yields

Rentals property in Austria yields are not high, at 4.4% gross for a 120 sq. m. apartment, though newly-built central Vienna lofts and penthouses can command slightly higher gross yields (up to 6%).

The oversupply of rental units in the 1990s led to a fall in rents paid to private landlords. The sharp fall of rents stopped in 2000 and they even rose briefly until 2001, but fell once more in 2002. Rents are now rising again, especially in good locations and top-tier property.
 

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