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4. Wieden

Wieden is the 4th district of Vienna and is located very central. Its total area is approx. 1.80 km² with a total population of 33,633 people. Taking the ratio of the total area and the total population, the district can be said to be densely populated.

The public transport network in Wieden is highly developed as three metro lines go through: U1, U2 and the U4. Furthermore, there exist 11 green areas, however, in comparison to other districts this is not considered as lot. The population rises constantly in Wieden (for comparison: in 2011 Wieden had 30,541 citizens) which influences significantly the real estate market. More than 80% of the buildings in Wieden are residential buildings though just over 70 new buildings have been built since 1991 due to the acute shortage of building sites. According to statistics the average living space in the 4th district is approx. 84 m². Currently, the average space per capita is around 48 m². The average price for a living space is around € 7,050/m² in case of first occupancy and € 5,250 otherwise. A great influence on the real estate market has the university Technische Universität Wien as the high number of students guarantees a persistent demand for rented apartments.

The 4th district is also very attractive for tourists. According to statistics the number of overnight stays was 690,268 in 2017.

The tourist attractions are mostly at the district borders: Karlsplatz, Palace Belvedere, Naschmarkt etc. Wieden has an astonishing atmosphere: modern Cafés, boutiques and a highly developed transport infrastructure merge with the buildings of the 18th century. All in all, Wieden offers recreational opportunities to every taste and for any budget.

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