Allotment gardens in Vienna: Explode prices - where it is expensive and cheap!

Allotment gardens in Vienna: Explode prices - where it is expensive and cheap!

Ottakring, Österreich - in Vienna is the allotment boom in full. Since 2020, prices for allotment plots have risen by a whopping 80 percent. Currently, buyers have to expect an average of around 850 euros per square meter, as [the press] (https://www.diepresse.com/19832328/kleingaert-in-wien-ottakring- and-Donaustadt-AM-AM-AM-AM-AM-AM-AM-AM-AM-AM-AM A gratifying business for sellers, because this price increase is particularly noticeable if you look at the prices of the past five years: from an average of 475 euros per square meter (2015 to 2019) to 853 euros (2020 to 2024).

The demand for these green oases is unbroken: allotments not only offer people in the big city a retreat, but are also increasingly seen as valuable investment objects. According to an evaluation of Immounited, there have recently been around 165 transactions a year, with the majority of buyers and sellers being private individuals. A good 62 percent of the sellers are private and 97 percent of buyers, which strongly shapes the market.

price differences depending on the district

Where are the most expensive allotments? The answer is clear: in the districts of Ottakring, Döbling and Donaustadt you have to expect the highest prices. In contrast, there are still some bargains in Liesing, Hietzing and Floridsdorf. These price differences should not be underestimated and should be considered when buying a parcel.

The private market continues to dominate the action: An increase in private sellers from 55 to 62 percent in the past five years shows that more and more people are offering their smaller piece of earth in the countryside. At the same time, the proportion of commercial providers has dropped, which underlines the attractiveness of private sales. The trend towards private sales has been ongoing for a decade.

allotment gardens as "green gold"

This development is no coincidence, because allotments are becoming increasingly popular. The increasing prices testify to an intimate connection between the Viennese to their garden parcels. Many see them an investment in their own quality of life. The turf becomes a habitat for hobby gardeners and nature lovers; Here you can unfold, relax or just enjoy nature, far from the urban hustle and bustle, which ORF Vienna.

At the same time, the price development cannot be denied: buyers have to look closely and have a good hand to get a fair offer. While prices are increasing suddenly, it is advisable to act early.

FAZIT: Allotment gardens are not only a popular retreat, they have also developed into a financial asset. Whether as a personal refuge or as an investment, the trend is unmistakable: green gold is trendy.