Vienna is a federal state of Austria as well as its capital city. The total area of approx. 415 km² is surrounded entirely by Lower Austria. Vienna`s total population is around 2 Mio. people and its population density is 4025/km².
Austria is voted the most liveable city in the world which makes it an impressive metropole. Vienna is an extremely important European traffic hub not only because of its geographical location but also because of its outstanding infrastructure. This also includes the International Airport Schwechat which handles approx. 14 Mio. passengers yearly, the main haven at the Danube, and the highly developed public urban transport network.
Vienna is one of the richest regions in Europe. As the “motor” of the Austrian economy maintains the capital city successfully business relationships with the Western as well as the Eastern Austrian regions and offers its urban population a high rate of employment (approx. 910,000). Furthermore, the city offers political, economic and social stability not only for small- and medium-sized enterprises but also for big corporations. This is also supported by the fact that the investment volume in 2008 has even been around EUR 35 billion.
Vienna is also called the European high-tech development centre as it enhances amongst others biotechnology projects (Life Science Austria). The capital city started as one of the first to develop the so called Culture and Creative Industry which ensures the visibility of creativity-based services and enhances the public culture offerings. The Viennese Museumsquartier is one of the ten largest cultural complexes in the world and is located nearby the former imperial palace Hofburg. It is a magnet not only for art and culture enthusiasts but it is also a popular meeting place especially in spring and summer times due to its inviting architecture and outstanding gastronomy.
Various important international organisations as OPEC, OSCE and the UNO (amongst others consists of the IAEA and the UNODC) as well as a number of big Austrian banks have their headquarters in Vienna. The Viennese industry is characterised by the metal, electric, mechanical engineering, and food sectors. The investments in real estate in Vienna is seen as a riskless method for generating profit. The architectural cityscape is characterised by buildings of all types of construction from different epochs and offers a picturesque view. Vienna offers its prospective buyers residential properties which are located right in the centre of the city, however, still wrapped by the green. This is a rare phenomenon compared to other metropoles.
Furthermore, the city is known to a great extent for its ecological consciousness. The multifaceted structural engineering projects provide stability on the real estate market and guarantee a wide range of residential and commercial properties to every taste which meet any budget. The costs per m² depends on the distance to the city centre. Summing up, the stable economy and legislation guarantee solid investment possibilities.
Vienna is one of the touristic most attractive European cities. More than 10 Mio. tourists visit the numerous historically and culturally valuable tourist attractions of the federal state yearly: the picturesque city centre which is nominated a World Heritage Site, palaces, castles, and forest parks (Wienerwald, Prater, Rieden).
Especially known are the Vienna State Opera, the concert hall Wiener Konzerthaus, and the former imperial summer residence Schloss Schönbrunn. Numerous international exhibitions, congresses, conferences, and festivals attract every year many tourists and business people. Furthermore, numerous higher education institutions guarantee a year-round student flow and therefore stable renting profits. In view of all those considerations, Vienna provides outstanding investment possibilities.