Buwog buys residential project in Vienna: 116 apartments for families and couples!
Buwog buys residential project in Vienna: 116 apartments for families and couples!
Lange Allee 6A, 1220 Wien, Österreich - The Buwog Group GmbH has secured an important real estate project in the 22nd district of Vienna. In the course of its comprehensive investment offensive, which was announced at the beginning of 2025, the company acquired the “Lange Allee” residential construction project from JP Immobilien. According to Leadersnet.at this is done as part of a Share deal, whereby the purchase price remains confidential. The short of the paths to the old Danube also ensures a pleasant living environment.
Overall, the “Lange Allee” project is created in the “Lange Allee” project, which are equipped with open spaces such as balconies, terraces or even gardens. The equipment of the new building will be of high quality and sustainable, which is particularly attractive for families, couples and singles. Daniel Jelitzka, owner of JP Immobilien, emphasizes the portfolio changeover to take advantage of the current opportunities on the real estate market and jpi.at adds that Buwog and JP Immobilien will take over the marketing of the apartments together.
excellent location and connection
The location of the project in Lange Allee 6a, Vienna 1220 is particularly advantageous. The old town, the Danube Center and the Stadlau business park are only a stone's throw away. Shops and excellent local supply are guaranteed. The connection to the public transport network also leaves nothing to be desired, because bus, tram and S-Bahn stations can be found in the immediate vicinity, which makes the way to the city center much easier.according to Kroy-immobilien.at, the housing market in Vienna 2025 remains not without challenges. Falling interest rates in particular lead to more movement, but at the same time the range of available apartments remains scarce. The demand for condominiums is increasing, especially in the middle price segment. Rental prices will continue to attract, and with only around 1,800 new rental apartments that are in prospect for 2025, the supply and demand are in a very tense relationship.
sales start and market development
The sales start for the apartments in the “Lange Allee” project is planned for autumn 2025. The project could be on the market at the moment if trends in the real estate sector change and prospective buyers are looking for new opportunities. While rental prices 상승, at the same time, there are opportunities for brave buyers who want to react to market dynamics and use the opportunity to invest in their own four walls.
Overall, the situation shows that despite the challenges in construction activity and increasing costs, both buying and ten-prospective customers in Vienna in 2025 are required to become active and to benefit from the occasions. With the acquisition of the “Lange Allee” project, the Buwog Group has made good business and secured an interesting position on the Vienna housing market.
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| Ort | Lange Allee 6A, 1220 Wien, Österreich |
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