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What rental yield can you expect in Vienna? (2026)

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SUMMARY

We analyzed residential property rental yields in Vienna, as of 2026, for residential property buyers, using the raw dataset provided and turning it into a practical buyer guide for May 2026.

This article focuses on mainstream residential rental investments in Vienna, mostly apartments in multi-unit buildings, because that is the most realistic market for most foreign individual buyers.

The dataset compares studio property, 1-bedroom property, and 2-bedroom property investments across Vienna districts, with estimated purchase prices, monthly rents, gross rental yields, and net rental yields.

We conduct this research regularly and update this page constantly, so the numbers should be read as a current Vienna residential property yield snapshot for May 2026.

The strongest modeled net yield in Vienna is in Floridsdorf studios, at about 3.0% net yield, followed closely by Favoriten studios at 2.9% net yield.

Favoriten, Floridsdorf, Leopoldstadt, Margareten, Donaustadt, Ottakring, and Landstraße are the most useful districts for a buyer who wants rental income rather than only prestige or lifestyle value.

Innere Stadt, Hietzing, Neubau, Wieden, and parts of Alsergrund look weaker for rental-income investors because high purchase prices compress net yields even when monthly rents are high.

Studios usually produce the best headline yield in Vienna, but 1-bedroom apartments often offer the better beginner balance because they combine decent net yield with broader tenant demand and better resale liquidity.

The biggest Vienna lesson is that net yield matters more than gross yield. Repair reserves, vacancy risk, non-recoverable building costs, management friction, insurance, and tax or accounting friction can materially reduce the rent that a buyer actually keeps.

For a foreign individual buyer, the practical strategy is not to chase the cheapest Vienna apartment. The safer strategy is to compare net rental yield, transport access, tenant depth, building condition, short-let rules, acquisition friction, and resale liquidity together.

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Residential property rental yields in Vienna in 2026

This table compares residential property rental yields in Vienna by district and property type.

For each district, the table shows estimated average purchase price, estimated average monthly rent, gross rental yield, and net rental yield for studio property, 1-bedroom property, and 2-bedroom property formats.

Finally, please note you'll find much more detailed data in our real estate pack about Vienna.

Neighborhood Studio property average purchase price Studio property average monthly rent Studio property gross rental yield Studio property net rental yield 1-bedroom property average purchase price 1-bedroom property average monthly rent 1-bedroom property gross rental yield 1-bedroom property net rental yield 2-bedroom property average purchase price 2-bedroom property average monthly rent 2-bedroom property gross rental yield 2-bedroom property net rental yield
Alsergrund €290,000 €810 3.4% 2.5% €395,000 €1,050 3.2% 2.4% €536,000 €1,400 3.1% 2.4%
Donaustadt €217,000 €670 3.7% 2.7% €295,000 €880 3.6% 2.6% €401,000 €1,160 3.5% 2.6%
Favoriten €191,000 €640 4.0% 2.9% €260,000 €820 3.8% 2.8% €353,000 €1,100 3.7% 2.7%
Floridsdorf €184,000 €620 4.0% 3.0% €250,000 €800 3.8% 2.8% €340,000 €1,060 3.7% 2.7%
Hietzing €279,000 €710 3.1% 2.2% €380,000 €920 2.9% 2.1% €516,000 €1,230 2.9% 2.1%
Innere Stadt €441,000 €1,040 2.8% 2.2% €600,000 €1,350 2.7% 2.1% €815,000 €1,800 2.7% 2.0%
Landstraße €265,000 €790 3.6% 2.7% €360,000 €1,020 3.4% 2.6% €489,000 €1,360 3.3% 2.5%
Leopoldstadt €239,000 €750 3.8% 2.8% €325,000 €980 3.6% 2.7% €441,000 €1,300 3.5% 2.7%
Liesing €206,000 €620 3.6% 2.6% €280,000 €800 3.4% 2.5% €380,000 €1,060 3.3% 2.4%
Margareten €228,000 €710 3.7% 2.8% €310,000 €920 3.6% 2.6% €421,000 €1,230 3.5% 2.6%
Mariahilf €294,000 €850 3.5% 2.6% €400,000 €1,100 3.3% 2.5% €543,000 €1,460 3.2% 2.4%
Neubau €312,000 €890 3.4% 2.6% €425,000 €1,150 3.2% 2.4% €577,000 €1,530 3.2% 2.4%
Ottakring €209,000 €650 3.7% 2.7% €285,000 €850 3.6% 2.6% €387,000 €1,130 3.5% 2.6%
Wieden €301,000 €850 3.4% 2.5% €410,000 €1,100 3.2% 2.4% €557,000 €1,460 3.1% 2.4%

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Which neighborhoods offer the best net yield among areas people actually want to live in Vienna?

The best net-yield neighborhoods among areas people actually want to live in Vienna are Leopoldstadt, Margareten, Favoriten, Floridsdorf, Donaustadt, and Landstraße.

These districts combine modeled net yields around 2.6% to 3.0% with enough renter demand to make the yield credible for a beginner buyer.

Floridsdorf and Favoriten show the strongest modeled yields in the table. Studios in both districts reach about 4.0% gross yield, with modeled net yields of 3.0% in Floridsdorf and 2.9% in Favoriten.

That is meaningfully stronger than Innere Stadt, where the modeled studio net yield is only 2.2%. The rent is high in the 1st district, but the purchase price is much higher.

Leopoldstadt is slightly lower on headline yield, but stronger on market quality. A 1-bedroom property there is modeled at €325,000 with €980 per month rent and a 2.7% net yield.

The practical takeaway is that Favoriten and Floridsdorf pay more yield, while Leopoldstadt and Landstraße give better liquidity and tenant depth. For a beginner buying a rental property in Vienna, that balance often matters more than squeezing the final 0.2 percentage point of yield.

Where can I find residential properties with above-average yields and below-average entry prices in Vienna?

The clearest Vienna value pockets with above-average yields and below-average entry prices are Favoriten, Floridsdorf, Ottakring, Margareten, and parts of Donaustadt.

These districts offer prices below the inner-city premium while still producing above-average modeled residential property rental yields in Vienna.

Favoriten is the clearest example. A 1-bedroom property is modeled at €260,000 with €820 per month rent and 2.8% net yield.

That is far cheaper than Alsergrund, where the modeled 1-bedroom price is €395,000 and the net yield is 2.4%. For an income buyer, the price gap matters more than the prestige gap.

Floridsdorf is similar. A studio is modeled at €184,000, the lowest entry price in the table, yet the monthly rent estimate of €620 supports a 3.0% net yield.

Ottakring gives a more urban version of the same trade-off. A 1-bedroom property is modeled at €285,000, €850 per month, and 2.6% net yield, which is not the highest in the table but remains useful because access to western inner districts improves renter appeal.

Where does the rent level justify the purchase price most clearly in Vienna?

The rent level most clearly justifies the purchase price in Favoriten, Floridsdorf, Leopoldstadt, Margareten, and Ottakring.

These districts have the best rent-to-price balance in the Vienna residential property market, especially for studio property and 1-bedroom property investments.

Favoriten and Floridsdorf are strongest mathematically. Their studio gross yields reach about 4.0%, compared with 2.8% in Innere Stadt and 3.1% in Hietzing.

Leopoldstadt is the better-quality compromise. A studio at €239,000 and €750 per month gives a 3.8% gross yield and 2.8% net yield, which is unusually solid for a district with central access and broad tenant appeal.

Innere Stadt is the opposite. Its rents are high, but a 2-bedroom property is modeled at €815,000 and €1,800 per month, producing only 2.7% gross yield and 2.0% net yield.

The local reason is simple. Vienna tenants pay for access and lifestyle, but buyers pay even more for scarcity, historic stock, prestige, and long-term capital security.

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Where is the best place to buy if I want stable rental income rather than maximum yield in Vienna?

The best places to buy for stable rental income rather than maximum yield in Vienna are Leopoldstadt, Landstraße, Alsergrund, Wieden, and selected parts of Donaustadt.

These districts are not always the highest-yielding choices, but tenant demand is deeper and vacancy risk is generally easier to manage.

Leopoldstadt is the best all-rounder. A 1-bedroom property is modeled at €980 per month, 3.6% gross yield, and 2.7% net yield.

That is slightly below Favoriten’s modeled yield, but the renter base is broader. Leopoldstadt can attract young professionals, students, international workers, and renters who want central access without 1st-district pricing.

Landstraße is also stable. It has business access, Wien Mitte, good transport, embassies nearby, and strong professional demand.

Alsergrund and Wieden have lower yields, but they are safer rental products. The modeled 1-bedroom net yield is 2.4% in both districts, supported by universities, hospitals, offices, good public transport, and strong livability.

What type of residential property should a beginner investor buy to maximize rental profitability in Vienna?

A beginner investor in Vienna should usually buy a well-located studio property or 1-bedroom property, not a large apartment, townhouse, or villa.

The best balance is normally a 1-bedroom property because it still gives decent net yield while appealing to a broader renter base.

Studios show the highest modeled yields. In Favoriten and Floridsdorf, studios reach around 4.0% gross yield and 2.9% to 3.0% net yield.

Studios also require the lowest capital outlay, with modeled purchase prices of €191,000 in Favoriten and €184,000 in Floridsdorf. That makes them attractive for foreign buyers who want a lower entry ticket.

But studios often have higher tenant turnover. They are attractive to students, single professionals, and shorter-stay renters, but the tenant may move faster when income, relationship status, or job location changes.

One-bedroom apartments are the safer beginner product. In Favoriten, Floridsdorf, Leopoldstadt, Margareten, and Ottakring, modeled 1-bedroom net yields cluster around 2.6% to 2.8% while the tenant pool includes singles, couples, expats, and long-term professional tenants.

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Which neighborhoods offer strong rental income with the lowest vacancy risk in Vienna?

The Vienna neighborhoods that combine strong rental income with lower vacancy risk are Leopoldstadt, Landstraße, Alsergrund, Wieden, and Neubau.

These areas have strong renter demand even though they are not the highest-yield districts in the dataset.

Leopoldstadt offers the best balance. A 2-bedroom property is modeled at €1,300 per month, 3.5% gross yield, and 2.7% net yield.

Landstraße is stronger for professional tenants. A 2-bedroom property is modeled at €1,360 per month and 2.5% net yield, with demand helped by central offices and airport-linked transport.

Neubau and Wieden have higher rents but lower yields. They work for stable rental income because tenants value walkability, culture, restaurants, and centrality.

The honest interpretation is that high rent alone is not enough. A buyer must check whether the purchase price, building condition, operating costs, and tenant depth support the rent over time.

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Which areas look overpriced relative to their rental income in Vienna?

The clearest overpriced-for-rent areas in Vienna are Innere Stadt, Hietzing, Neubau, Wieden, and parts of Alsergrund.

These are good places to live, but the rental yield case is weaker because purchase prices are high relative to realistic rent.

Innere Stadt is the clearest example. A 1-bedroom property is modeled at €600,000 and €1,350 per month, giving only 2.7% gross yield and 2.1% net yield.

Hietzing also looks expensive relative to rent. A 2-bedroom property is modeled at €516,000 and €1,230 per month, giving 2.9% gross yield and 2.1% net yield.

Neubau and Wieden are not bad investments, but they are fully priced. Their modeled net yields for 1-bedroom properties are only 2.4%, below Favoriten, Floridsdorf, Margareten, Leopoldstadt, and Ottakring.

The trade-off is capital security versus income. These districts may be excellent for lifestyle, liquidity, and long-term ownership, but a beginner buying mainly for rent should not expect high cash yield.

Which neighborhoods should I avoid even if the rental yield looks attractive in Vienna?

A beginner should be careful with low-priced outer micro-locations in Floridsdorf, Favoriten, Donaustadt, Liesing, and Ottakring even when the rental yield looks attractive.

The issue is not that these districts are bad. The issue is that a cheap apartment far from U-Bahn or S-Bahn access may have weaker tenant demand and weaker resale liquidity.

Floridsdorf and Favoriten show strong modeled yields, but that does not mean every property is safe. A cheap apartment in a weak building can lose the yield advantage through repairs, vacancy, and slower resale.

Donaustadt is especially mixed. Some areas near U1, Donau City, or established amenities are strong, while weakly connected new-build clusters may compete with many similar apartments.

Liesing can look affordable, but it is more suburban and more car-dependent in parts. A 1-bedroom property is modeled at €280,000 and 2.5% net yield, which is not high enough to compensate for weak access if the location is poor.

The avoid rule is not avoid the district. It is avoid poor transport, weak building reserves, high repair risk, and micro-locations where tenants have many better options.

Which neighborhoods look risky even though the rental yield is high in Vienna?

The riskier high-yield Vienna choices are Floridsdorf, Favoriten, Ottakring, and some parts of Donaustadt.

These districts can work, but the return depends heavily on micro-location, transport access, and building quality.

Floridsdorf has the table’s best modeled studio net yield at 3.0%. The risk is that demand is less uniform than in central districts.

Favoriten has similar numbers, with 2.9% net yield for studios and 2.8% for 1-bedroom properties. Its better-connected areas are strong, but some older stock can require more maintenance and may attract more price-sensitive tenants.

Ottakring is a classic select-carefully district. A studio is modeled at €209,000, €650 per month, and 2.7% net yield.

Donaustadt’s risk is new-supply competition. It has real long-term growth, but if many similar apartments are delivered nearby, ordinary landlords may face more competition even while the broader Vienna market remains tight.

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What neighborhoods should I avoid when buying a rental property in Vienna?

When buying a rental property in Vienna, a beginner should avoid poorly connected parts of Liesing, outer Donaustadt, outer Floridsdorf, and weaker pockets of Favoriten or Ottakring.

This is a micro-location warning, not a full district ban. A strong street near transport can be very different from a weak location in the same district.

In Liesing, the issue is tenant depth. A 1-bedroom property is modeled at €800 per month and 2.5% net yield, which is not bad, but the renter pool is narrower in car-oriented or remote pockets.

In outer Donaustadt, the issue is competition and distance. Good U-Bahn-connected locations can work well, but weakly connected new-build clusters may compete with many similar units.

In outer Floridsdorf, the issue is resale liquidity. The modeled yield is strong, but a beginner should not buy only because the entry price is low.

In Favoriten and Ottakring, avoid old buildings with weak reserves, awkward layouts, or poor energy performance. The simple beginner rule is to avoid properties where the only attractive number is the purchase price.

Which neighborhoods are seeing rental demand weaken, and why, in Vienna?

As of May 2026, Vienna’s broad rental demand is not weakening structurally, but localized softness can appear where new supply is concentrated.

The areas to monitor are Donaustadt, parts of Floridsdorf, and development-heavy pockets around large new projects.

The issue is not citywide demand deterioration. The issue is local competition, especially when many similar apartments reach the rental market at the same time.

Donaustadt and Floridsdorf can therefore be strong and risky at the same time. New transport-linked housing can attract tenants, but many similar units can make average landlords compete harder.

For a beginner, these areas should be monitored, not rejected. Buy only where transport, amenities, building quality, and rent levels clearly support the purchase price.

The practical signal is tenant depth. If a property is ordinary, weakly connected, and surrounded by similar available units, the rental demand story becomes much less reliable.

Which neighborhoods are seeing new developments that could create stronger rental demand in Vienna?

The most important development-linked rental-demand areas in Vienna are Leopoldstadt, Landstraße, Donaustadt, Floridsdorf, and Favoriten.

New projects can improve tenant demand, but they can also increase rental competition, so the quality of the development story matters.

Leopoldstadt benefits from Nordbahnviertel and the broader shift around Praterstern and the Danube Canal. That supports a deep tenant base for studios and 1-bedroom properties.

Landstraße benefits from Village im Dritten and strong existing transport. This supports professional renters who want central access without paying 1st-district prices.

Donaustadt and Floridsdorf benefit from growth east and north of the Danube, but the trade-off is supply risk. A new district with roads, U-Bahn access, retail, and schools is positive, while a cluster of similar rental units without enough amenities is more dangerous.

Favoriten remains attractive where U1 access, Hauptbahnhof proximity, and employment links support demand. The best rental properties are not simply the cheapest ones, they are the cheapest ones with strong access.

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Which neighborhoods are becoming more attractive to renters because of recent infrastructure or transport changes in Vienna?

The neighborhoods becoming more attractive because of access and development are Leopoldstadt, Landstraße, Donaustadt, Favoriten, and parts of Floridsdorf.

The rental benefit is strongest where transport access and new amenities arrive together.

Leopoldstadt benefits from centrality, Praterstern, U-Bahn and S-Bahn links, and the continued maturation of Nordbahnviertel. That helps both studios and 1-bedroom properties.

Landstraße benefits from Wien Mitte, airport-linked transport, and new residential stock in Village im Dritten. That supports professional tenants and stable mid-market rents.

Donaustadt benefits when properties are close to U1 access, Donau City, or established services. The benefit is not automatic across the whole district because distance from rapid transit matters.

Favoriten remains attractive where U1 access, Hauptbahnhof proximity, and employment links support demand. For a beginner buyer, transport must be treated as part of the yield calculation, not as a lifestyle detail.

Which neighborhoods have become less attractive for property investors over the last 12 months in Vienna?

The neighborhoods that have become less attractive for yield-focused buyers are mainly Innere Stadt, Hietzing, Neubau, Wieden, and some new-build-heavy outer areas.

The reasons differ. Prime districts suffer from yield compression, while some outer areas face supply competition.

In Innere Stadt and Hietzing, prices remain too high relative to rent. Modeled net yields sit around 2.0% to 2.2%, which is weak for rental-income investors.

In Neubau and Wieden, rental demand is strong, but purchase prices already reflect lifestyle appeal. A beginner can still buy there, but the investment case is more about liquidity than income.

In outer new-build zones, the risk is different. Purchase prices may look reasonable, but too many similar apartments can make rents harder to push.

This matters most for generic 1-bedroom units in large new developments. If the property has no special access, layout, or price discount, the yield may not compensate for competition.

Which property types are becoming harder to rent in Vienna, and in which neighborhoods?

The property types becoming harder to rent in Vienna are generic high-priced new-build 2-bedroom properties in supply-heavy outer areas and expensive large apartments in prestige districts where rent no longer covers the price well.

In Donaustadt and parts of Floridsdorf, the issue is not lack of demand. The issue is competition among similar apartments.

Ordinary new apartments must compete on rent, layout, energy efficiency, and transport access. If many comparable units are available nearby, a landlord has less pricing power.

In Innere Stadt and Hietzing, the issue is affordability and yield. A 2-bedroom property in Innere Stadt is modeled at €815,000 with €1,800 per month rent and only 2.0% net yield.

These properties can rent, but the purchase price makes the investment return weak. The buyer is paying for prestige and scarcity more than rental-income efficiency.

Studios and 1-bedroom properties remain easier to rent when well located. They match Vienna’s student, professional, expat, and young-couple demand better than large high-budget units.

For a beginner, the safest rule is to avoid generic expensive 2-bedroom properties unless the micro-location is exceptional and the building costs are clear.

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Which bedroom count offers the best balance between entry price, rental yield, and tenant demand in Vienna?

The best bedroom count for a beginner investor in Vienna is usually a 1-bedroom property.

Studios often yield more, but 1-bedroom properties offer a better balance of price, tenant depth, and resale liquidity.

Studios produce the strongest modeled yields. In the table, the best studio net yields are 3.0% in Floridsdorf, 2.9% in Favoriten, and 2.8% in Leopoldstadt and Margareten.

But studios can be operationally less stable. They often attract single tenants, students, or shorter-stay professionals, which can mean more turnover and more frequent reletting.

One-bedroom properties are more balanced. In Favoriten, Floridsdorf, Leopoldstadt, Margareten, and Ottakring, modeled 1-bedroom net yields cluster around 2.6% to 2.8%.

The tenant pool for 1-bedroom properties is wider because it includes singles, couples, young professionals, expats, and some long-term renters. That makes the format easier to manage for a foreign individual buyer.

Two-bedroom properties are useful in family or sharer markets, but they require more capital. In Vienna, they usually offer slightly lower yield and more exposure to maintenance costs.

INSIGHTS

These insights are drawn from the Vienna residential property rental yield dataset, with a focus on what a foreign individual buyer should understand before buying a residential property to rent out.

You’ll find even more insights in our our real estate pack about Vienna.

  • Floridsdorf studios show Vienna’s strongest modeled net yield, near 3.0%, with the lowest studio entry price in the table at €184,000. The income case is attractive, but only if the micro-location has strong transport and tenant depth.
  • Favoriten offers almost the same yield as Floridsdorf, but with better central access in some areas. A studio is modeled at €191,000, €640 monthly rent, and 2.9% net yield.
  • Innere Stadt has high rents, but Vienna purchase prices compress net yields. A 2-bedroom property at €815,000 and €1,800 monthly rent produces only 2.0% net yield.
  • Leopoldstadt is the strongest compromise between central demand and yield. Its 1-bedroom property estimate of €325,000, €980 monthly rent, and 2.7% net yield gives a practical balance for a beginner.
  • Hietzing is better for capital preservation than rental yield. Its prestige, green space, and owner-occupier demand do not translate into strong rent-to-price efficiency.
  • Donaustadt yields are helped by lower prices, but new supply can create local competition. The district works best near U1, Donau City, and established services.
  • Studios usually beat 2-bedroom properties on yield in Vienna. The trade-off is more tenant turnover, which matters for remote or foreign owners.
  • One-bedroom Vienna apartments are the safest beginner format. They are liquid, rentable, not too expensive, and attractive to both singles and couples.
  • Margareten beats many inner districts because rents are solid while prices remain less inflated. A studio at €228,000 and €710 per month supports a 2.8% net yield.
  • Neubau rents are strong, but lifestyle demand is already capitalized into purchase prices. The 1-bedroom net yield is only 2.4% in the dataset.
  • Landstraße is more stable than many high-yield outer districts because corporate and transport demand is deeper. Its yield is moderate, but its tenant pool is more durable.
  • Liesing looks cheaper, but weaker centrality reduces tenant depth for small apartments. The 1-bedroom net yield of 2.5% does not leave much room for poor access or slow leasing.
  • Vienna’s short-term rental rules make Airbnb-style yield assumptions risky for ordinary apartments. A buyer should underwrite the property as a long-term rental unless the legal and practical short-let case is clear.
  • Foreign buyers should model acquisition timing if they are non-EU or non-EEA investors. Approval or confirmation requirements can affect transaction certainty and timing.
  • Older Vienna buildings can look cheaper, but repair reserves can quickly reduce net yield. The purchase price is only one part of the income calculation.

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OUR METHODOLOGY TO BUILD THIS TRACKER

To estimate purchase price, monthly rent, and rental yield in different Vienna districts, we built this dataset ourselves from the ground up. We did not reuse a third-party yield dataset. We manually researched current residential sale and rental listings, then organized the data by district and property type.

For each district and property type, we collected comparable sale listings from recognized Austria property platforms such as ImmoScout24, willhaben, and RE/MAX Austria. We used the property categories shown in the tracker, then compared only listings that were reasonably similar in location, size, condition, and property format.

We cleaned the sale sample manually. Duplicate listings, unrealistic asking prices, luxury outliers, distressed assets, serviced-style offers, incomplete listings, and clearly non-comparable properties were removed before calculating the estimates.

Sale prices were normalized on a euro basis and on a price-per-square-meter basis where possible. We used the median price as the main reference, or the average only when the sample was clean.

We then built the rental side of the dataset manually. For the same district and property type, we collected rental listings, removed outliers and non-comparable listings, and estimated a realistic monthly rent using the median rent where possible.

The gross rental yield was calculated as: Gross rental yield = annual rent / estimated purchase price.

To estimate net yield, we avoided applying a flat discount across all segments. The deduction was adjusted by district and property type, reflecting differences in repair reserves, vacancy risk, maintenance needs, management costs, agent fees, tax friction, insurance, building costs, non-recoverable common costs, and other property-level operating costs.

For residential property markets, listed purchase prices and asking rents are not enough by themselves. We also paid attention to property type, operating cost burden, building condition, access, layout, rental rules, tenant depth, transport quality, and resale liquidity when those inputs were available.

Each estimate was assigned a confidence level. 30 to 40 comparable listings means higher confidence. 20 to 30 comparable listings means usable but less robust. Fewer than 20 comparable listings means directional only, unless we widened the comparable area.

These estimates are updated regularly and should be read as structured market estimates, not as guarantees of future rental income. Honesty, quality, and rigor are at the core of our work, and they are also what you will find in our real estate pack about Vienna.