Average rents in Austria rose significantly from July to September. Compared to the previous quarter, they increased by 3.1 percent to EUR 8.8 per square meter. According to Statistics Austria, this was the highest quarterly increase since the start of the time series in 2004.
The monthly average rent including operating costs was 588.3 euros per main apartment. The operating costs averaged 153.3 euros. Compared to the third quarter of 2021, the increase in average rent including operating costs was 7.0 percent. According to Statistics Austria, inflation is now also visible in higher rental costs. The rental costs are extrapolated to 1.7 million main rental apartments in Austria.
Around 399,200 households were affected by the adjustment to the benchmark rent this year. In April, this was increased by 5.9 percent. It is a legal upper limit for the main rent and affects rental apartments that were built before 1953 and for which a rental contract was fixed after February 28, 1994.
more from living
New management for real estate company in Mondsee
Confidence in stationary retail is returning
43,300 euros: Taylor Swift’s former apartment for rent
Higher budget and five-point program
My themes
For your saved topics
found new items.
info By clicking on the icon you add the keyword to your topics.
info
Click on the icon to open your “My Topics” page. They have of 15 tags saved and would have to remove tags.
info By clicking on the icon you remove the keyword from your topics.
Add the theme to your themes.
Source: Nachrichten
