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Saving for your dream property: Neunkirchners have been waiting for so long!
Find out how long it takes to save money on building plots in Neunkirchen and the surrounding area and what factors influence prices.
Saving for your dream property: Neunkirchners have been waiting for so long!
The search for a suitable building plot in Neunkirchen is anything but easy for many interested parties. To purchase a 500 m² building plot, it is necessary to save for an average of eleven months. Loud MyDistrict This high savings period is a real challenge for many buyers. The market is characterized by a lack of available properties, a fact that Eduard Fischer from Fischer Immobilien Neunkirchen also confirms.
In addition to the long savings periods, property prices vary significantly. Current reports show that prices per square meter range between 60 and over 250 euros. Building plots can rarely be financed through bank loans, as Manfred Kamper, head of residential construction at Sparkasse, explains. These conditions put many interested parties under pressure, especially at a time when property prices have risen during the pandemic and positive sentiment is now increasing, with the focus on renovating existing houses.
Specific savings periods in the region
From a regional perspective, a differentiated picture emerges when it comes to savings times for properties. In Ternitz it takes on average around a year and three months to save enough capital for a 500 m² building plot. In St. Egyden and Natschbach it lasts about a year and two months, while in Wimpassing this period drops to one year and a month. It is particularly quick in the towns of Otterthal, Schwarzau/Geb., Warth and St. Corona/Wechsel, where the required capital can be reached after just seven months.
Overview of current property prices
According to the website immowert123 The current property prices in Austria are guideline values that may vary depending on individual circumstances or collector prices. The prices refer exclusively to plots of land suitable for building land for single-family and two-family houses and do not include the development costs. The data is obtained from various sources such as municipal offices, transaction data from the land register and broker information.
The area breakdown in Austria also shows that only 2.19% of the area is designated as building land or gardens, while a large part of the country is characterized by forests and agricultural areas. These circumstances make it clear that purchasing a property requires a considered decision and often a long saving process.