January 2026
Austria’s Real Estate Market: Overview, Outlook, and Opportunities
House Price Index
Austria’s real estate index shows a turning point in 2026, shifting toward growth. While the increase is modest, it is highly significant.
Number of Real Estate Transactions
Real estate transaction volumes had been declining since 2022, which was reflected in the market index. In 2025, transaction volumes also showed growth, confirming an improvement in market conditions. The increase in transactions is particularly significant against the backdrop of continuously rising prices.
Transaction Volumes in Major Cities
The average price per square meter has been growing steadily and consistently since 2015.
Exceptions
The average price per square meter is highest in Vienna and Innsbruck, while Graz remains the most affordable among the major cities.
Rental Yield
The average residential rental yield stands at approximately 3.5%, while commercial real estate delivers an average yield of around 4.3% per annum.
Market Potential and Outlook
Austria demonstrates a constructive market trajectory, supported by a stable investment climate. The country increasingly positions itself as a “safe haven” within Europe, offering a high standard of living along with strong social and economic stability. Returns on off-plan investments have the potential to significantly exceed those in Germany and France.
In 2026, real estate prices are expected to continue growing at a moderate pace of approximately 2–3% per annum.
The government is implementing a range of initiatives aimed at developing the country’s energy infrastructure and simplifying the regulatory environment for construction companies, both of which serve as positive catalysts for the real estate market. In addition, the quiet suburban areas of major cities present notable potential, as they are increasingly being considered by German retirees as relocation destinations.
Austria demonstrates a constructive market trajectory, supported by a stable investment climate. The country increasingly positions itself as a “safe haven” within Europe, offering a high standard of living along with strong social and economic stability. Returns on off-plan investments have the potential to significantly exceed those in Germany and France.
In 2026, real estate prices are expected to continue growing at a moderate pace of approximately 2–3% per annum.
The government is implementing a range of initiatives aimed at developing the country’s energy infrastructure and simplifying the regulatory environment for construction companies, both of which serve as positive catalysts for the real estate market. In addition, the quiet suburban areas of major cities present notable potential, as they are increasingly being considered by German retirees as relocation destinations.