Austria’s capital and largest city, Vienna has more than 1.7 million inhabitants and is home to many important international organizations. Having been the home of the Habsburgs, Vienna has long been an important political and cultural center for Europe.
Vienna’s historic city center and Schönbrunn Palace have been declared World Heritage Sites. The St. Stephen's Cathedral and the Prater Ferris wheel are among the monumental symbols of a city which is simultaneously ancient and modern; magnificent Baroque and Art Nouveau buildings shouldering modern architecture of today.
Music has long been a formidable legacy here, more famous composers have called Vienna home than any other city. The ‘City of Music’ expresses itself through Waltz and operetta, not to mention its world famous Vienna State Opera. But Vienna’s art can also be experienced through its culinary scene, with such delicacies as the Sachertorte and Wiener Schnitzel and the specialties one can find at the famous Naschmarkt.
Exclusive shopping can be found on the luxurious " Goldenes U" - Graben , Kärntner Straße , Kohlmarkt and also Mariahilfer Straße . With the opening of the "Quartier Goldenes " (Golden Quarter) at the end of 2012 a prestigious area of 11,500 square meters has been put on the market .
Vienna is a city with a high standard of security and high quality of life , two factors that strengthen its real estate market. Real estate prices have in fact increased over the last five years by 36%. The market for high-end offices is considered to be one of the most stable in Europe . New buildings such as the "Wien Mitte " project in the third district, or "Green Worx " in the second district are excellent examples.
A glance at rent prices, some outstanding areas include the Innere Stadt district, Neubau , Josefstadt , Alsergrund , Währing Döbling, with rent prices at more than 15 € per square meter.