The residential real estate market in Vienna shows mixed trends: in general, apartment prices are declining, but there is a steady increase in high-end neighborhoods. At the same time, demand, especially for rentals, remains high and new construction is declining.In the fourth quarter of 2024, the overall price index for Austria decreased by 1.08% and for Vienna by 2.08% compared to the same period in 2023 (-3.91% adjusted for inflation). Meanwhile, the quarterly change in Vienna is minimal, a barely noticeable decline (about -0.55% in real terms). But in the premium districts (Innenstadt, Döbling), price increases of up to +5-15% over the year. Prices by districtThe average price in Vienna in June 2025 is around €5,500/m²Innenstadt (1st district): around €25,000/m² (up +29.8 %)Suburbs (Floridsdorf, Donaustadt): €3,500-5,000/m²So the range (Via Investropa): €3,600/m² (suburbs) – €27,000/m² (center). Buy or rent?Average 1-bedroom rent:In the center – €1,000-1,100/month,In the suburbs – €700-1,000/monthGross rental yields hold at 3-4%, higher in the center for short-term accommodation (Airbnb up to €91/day, occupancy ~77%). Loan rate: around 3.2-3.9% (10-year). One-off purchase costs (notary, fees) – around 9-13% of the value.At the same time, only around 1,800 new rental apartments are expected to be built in 2025 – 60% less than in 2024. New mortgage lending is also down: ~€11.3bn in 2024 vs. €23.2bn in 2022. Housing construction fell by 4.9% in 2024 (based on pre Q3 data). Until 2026, experts expect moderate price growth due to improving economic situation and overcoming the downturn in construction. The rental market will grow: expect yields of 3-4%, especially for short-term rentals. A persistent housing shortage, strong migration inflows and city policies are all creating long-term demand.
Starting December 10, Hungarian Railways will launch a new daytime direct train No. 143/146 Vienna – Chop – Vienna, which will provide convenient connections to Ukrainian night trains to Kyiv and Lutsk via Lviv and Rivne, Ukrzaliznytsia reported on its Telegram channel on Friday.
It is noted that the cost of a ticket from Kyiv to Vienna (2nd class seat car + compartment) will be about UAH 2.5 thousand, which is UAH 1 thousand cheaper than the direct Kyiv-Vienna connection by “ritz” class cars.
It is also noted that tickets for the domestic part of the trip can be purchased in the UZ app, chatbots, on the website and at station ticket offices, and for the Vienna-Chop-Vienna part – at international ticket offices of UZ or Austria.
“Ukrzaliznytsia added that it plans to launch online ticket sales to Hungary and Austria in the coming weeks.
According to UZ, border and customs operations will take place at the Chop station, with a transfer time of 2-2.5 hours.
“Passengers should not worry about their connection in Chop because of possible delays, as the transfer has been agreed upon: the train will always be waiting for all passengers,” the company said.
At the same time, it is specified that the train #146 Chop-Vienna will depart daily at 08:23, arriving in Budapest-Kelethé at 14:20 and in Vienna at 17:20.
On the way back, train #143 Vienna-Chop departs from the Austrian capital at 10:42, Budapest-Kelethé at 13:40 and arrives in Chop at 20:59.
As reported, on October 4, UZ announced the launch of a new rail service between Lviv and Warsaw via Rava-Ruska station, which is operated by the rolling stock of the Polish rail carrier SKPL.
Non-rail carriages Vienna – Kiev, which departed from Vienna (Austria) on May 7, are delayed in transit for 6 hours due to a transport accident on the Hungarian railroad, Ukrzaliznytsia (UZ) said on Facetbook on Monday.
As the company notes, after arriving at the Chop station, the cars will be included in the train number 82 Uzhgorod – Kiev and will arrive in the capital on May 9 (instead of May 8 at 19.30) as part of the train number 750.
“We draw the attention of Ukrainian passengers: the delay will also affect return trains to Vienna. Please take this into account when planning connections and departures from Budapest airport”, – pointed out in the UZ.
As reported, on Sunday morning, nine cars of the Hungarian 35-car freight train with iron ore derailed between stations Újfehértó and Hajdúhadház. Hungarian railroad workers had just begun to lift the wagons. Thus, the restoration of the railroad track and the contact network will last at least one day.
It is specified that train traffic between Hajdúhadház and Újfehértó is suspended. Hungarian Railways offers interchanges by substitute bus, and Hungarian and Austrian Intercity trains between Budapest and Zahony will run between Budapest and Nyiregyház via Miskolc with long travel times.
Ukrzaliznytsia JSC is launching a new non-stop car service Vienna – Chop – Vienna from April 24.
“Meet the new alternative route of return from Austria and Hungary to Ukraine. On April 24, a new non-stop car service Vienna – Chop – Vienna will start running,” Ukrzaliznytsia’s Telegram channel said on Friday.
As reported, the car will depart from Vienna daily at 16:42, Budapest-Keleti 19:19 – 19:40, arrival in Chop at 02:28. “After passing border and customs control, continue your journey on the train number 750 Uzhgorod – Kiev, arriving in Chop at 05:19, Mukachevo 06:48 – 06:53, Lviv 11:00 – 11:23, arriving in Kiev at 18:30,” reports Ukrzaliznytsia.
Back from Kiev you can start the journey by train number 749 Kiev – Uzhgorod, which leaves daily from Kiev at 13:16, Lviv 19:59 – 20:25, Mukachevo 00:19 – 00:24, arrival in Chop at 01:10. After passing border and customs control at the station Chop, you can continue the journey by a new direct coach Chop – Vienna, which departs daily from April 25 at 03:28, Budapest-Keleti 08:20 – 08:40, arrival in Vienna at 11:21.
Reportedly, the cost of a ticket from Chop to Vienna is 1,730 UAH. “Tickets are already available at the international ticket offices of Ukrzaliznytsia. And tickets from Kiev to Chop and back can be purchased both at the ticket offices and online: in the application “Ukrzaliznytsia”, in the chat-bot and on the website”, – stated in the message.
JSC Ukrzaliznytsia is launching a Kiev-Vienna train since June, which will pass through the territory of Ukraine, Austria and Hungary, the Ukrzaliznytsia’s press service reported on Sunday.
The restoration of international railway traffic became possible with the assistance of the railway authorities of Austria and Hungary thanks to the stabilization of the situation with the coronavirus pandemic.
“The first train from Kiev to Vienna will start on June 1, so Ukrzaliznytsia passengers have a great opportunity to start their summer with a visit to Austria. In the future, the train will run daily according to the following schedule: it will depart from the Central Kiev Station at 02:07 pm, will pass through Budapest (arrival at 8:20 am) and arrive in Vienna at 11:21 am the next day. In the opposite direction (from June 2) the train will depart at 4:42 pm and arrive in Kiev at 5:22 pm the next day,” Ukrzaliznytsia said.
Tickets for the Kiev – Vienna train can be purchased at the international ticket offices of the stations.
“Passengers can find out up-to-date information on the rules for the entry of Ukrainian citizens into the territory of Austria and Hungary, as well as citizens of these countries in Ukraine, through the official sources of the embassies of Ukraine in Austria and Hungary and the embassies of these countries in Ukraine,” Ukrzaliznytsia said.
On the occasion of its first flight to Ukraine 30 years ago, the Austrian Airlines announced the launch of flights from Vienna to Zaporizhia from May 17 with a frequency of three times a week (round trip).
The press service of the Ministry of Infrastructure of Ukraine said on Thursday that during the summer the company plans to increase the number of flights to daily.
It is noted that the flights will be operated on Mondays, Wednesdays and Fridays from Vienna to Zaporizhia at 10:35 local time, and from Zaporizhia at 14:30.
At the same time, the airline will no longer offer the Vienna – Dnipro route due to its proximity to Zaporizhia.
“The development of regional airports and aviation remains our priority for the coming years. Over time, the pre-quarantined air traffic will recover, and we are preparing our airfields for active work. I am glad that one of the leading European airlines, Austrian Airlines, which is part of the Lufthansa concern, is opening a new flight in Zaporizhia. Kyiv, Lviv and Odesa are already included in the program. I am grateful to the local authorities of Zaporizhia and the airport management for the well-coordinated and fruitful work, and I wish the pilots and future passengers a cloudless sky and successful flights,” the press service quoted Minister of Infrastructure Vladyslav Krykliy as saying.
There are currently no direct flights on the Vienna – Zaporizhia – Vienna route.
