Land prices in the Upper Wipptal: still affordable for Tyroleans?

Land prices in the Upper Wipptal: still affordable for Tyroleans?

In the current discussion on living space in Tyrol, it becomes clear that the region is faced with special challenges. The prices for building plots in particular occupy a central place in this debate. A look at the savings times shows that the dream of your own property is a lengthy affair for many Tyroleans. Loud meinzirk.at you need 3 years and 9 months to get enough money for a 500 m² Park the building plot.

This process is particularly lengthy in urban areas such as Innsbruck. Here the savings period for a property is 11 years and 7 months, at prices of EUR 1,088.80 per m² and an average income of EUR 47,051.38. Looking back at the most expensive regions in the country, Kitzbühel leads at the age of 8 and 5 months, while Innsbruck-Land leads the list at the age of 6.

affordable living space in focus

However, the trend shows according to angelvoelkers.com and ath-immobilien.com that the real estate market continues to have high demand, especially in requested areas such as Innsbruck, Kitzbühel and Seefeld. Here the prices stabilize after an increase in recent years, which does not apply to all segments. A noticeable price corrections took place in 2023, and falling interest gave the 2024 fresh wind. But the quality of life and the architectural icon of Tyrol have their price.

price development and market situation

The average prices for single-family houses in Tirol are according to Engelvoelkers.com and ath-immobilien.com currently at around 800,000 euros. The leader is Kitzbühel, where the prices for the best were up to 2.7 million euros and can even go up to 35.5 million euros in individual cases. In comparison, condominiums in Tyrol cost a good 4,727 euros per m², with enormous price differences between the districts.

Despite the current hurdles, the demand for real estate in Tyrol remains unbroken due to the attractive infrastructure and the picturesque environment. More and more families and oncomers are shifting to the surrounding area, and smaller places benefit greatly from this movement.

The forecast for the coming years notes that the demand for buying objects will increase, which should bring moderate price increases. Real estate with poor energy parameters, on the other hand, could experience larger price discounts, and the stability of the prices for new construction types has also decreased in recent months.

The topicality of the topic of affordable living space is therefore clear and net in Tyrol remains a hot iron for politics and population. There is an urgent need for action to meet the different requirements and to maintain the Tyrolean quality of life for all people.