Alexander Predein – “Now is the time to sell real estate, as there’s still profit to be made!” The Vienna Real Estate Market Crash – A Good Time to Sell Apartments and Houses?! In an interview with real estate expert Dr. Alexander Predein, a partner at 4M Immobilien, a leading real estate agency in Austria with over 20 years of success in buying, selling, and brokering real estate, we discovered the true state of the Viennese real estate market. “If you’re wondering when is the best time to buy an apartment, how to make a profitable purchase, or when selling...
Universities of Austria. Tyrol
This article is a continuation of a series of articles on higher education institutions in Austria. Universities of Tyrol – what we will talk about in this article. The first part, dedicated to the universities of Salzburg, can be found here. Tyrol is the third largest region in Austria. The capital of the region is the city of Innsbruck. This city is one of the most famous tourist and sports centers in Austria – it hosted the Winter Olympic Games twice (in 1964 and 1976), as well as twice the Winter Paralympic Games (in 1984 and 1988). In 2005, the...
Universities of Austria. Salzburg.
Austria is a popular country for higher education. Tens of thousands of students from all over the world strive to get their education in Austria. This is not surprising – high standards of living, good quality and affordable prices for education, compare to, for example, the USA and Great Britain, attract many people from all over the world. In Austria, there are many universities and Fachhochschule that provide a wide range of educational programs. In this article we will talk about the universities of Salzburg.Salzburg is not only the fourth largest city in Austria, but also the capital of the...
Humanitäre Katastrophe in der Ukraine
Wegen des unmenschlichen Krieges in der Ukraine verlassen immer mehr Flüchtlinge Ihre Heimat. Der Großteil davon will, trotz der Eröffnung der Flüchtlingskorridore zu Russland, in die EU. Polen hat nach 10 Tagen des Krieges mehr als 800.000 Flüchtlinge aufgenommen. In Ungarn landeten bis dato fast 150.000 Menschen, im Nicht-EU-Land Moldau etwa 200.000. Österreich hat angekündigt 200.000 Flüchtlinge aufnehmen zu wollen, ein Viertel davon ist bereits eingetroffen. Die UNO-Organisation für Migration hatte am Freitag angegeben, dass rund 1,5 Millionen Menschen unterwegs sein sollen. Die EU-Kommission kündigte unterdessen weitere Hilfsgüter für die Ukraine an. Über in Österreich, Deutschland, Ungarn und den Niederlanden...
Historical parallels
On November 2, 2020, the residents of Vienna and the whole world were terrified by the news of a terrorist attack in the heart of Europe. From the perspective of history, you can draw parallels that have left an imprint on the heart of the Austrian capital. In this article, we would like to talk about similar tragic events that happened before in this central part of the city, jokingly nicknamed by the residents as the “Bermuda Triangle”. Vienna’s first district, the so-called Inner City, is distinguished by an active business and cultural life. There are many sightseeings, architectural monuments,...
The situation on the real estate market in Vienna and Lower Austria in the times of COVID–19
The COVID-19 virus, also often referred to as the “coronavirus”, has become one of the central phenomena of 2020. The pandemic that has swept the world, affected many aspects of our daily life and, of course, the economy. Stock market indices have shown their strongest quarterly decline since 1987, millions of people have lost their jobs, and businesses around the world have had to adapt to work from home. In this and the next article, we will focus on the situation on the real estate market in Austria, in particular in Vienna and Lower Austria. It should be noted that...
Austria fights against pandemic – clear words inspire confidence
A special meeting of the Austrian National Council on the conclusion of the COVID-19 law and the restriction of the rights and freedoms of citizens to save society from a pandemic. Cultural life in Austria, by decree of the government, stopped at least until the end of March and, in some cases, until mid-April (Ostern). All performances, shows, conferences and other events with the participation of more than 100 people were canceled on Tuesday March 10th because of the danger of the virus. Situation shocked Vienna, Graz, Linz, Salzburg, Sankt Pölten, Innsbruck, Klagenfurt, Bregenz, almost all the federal states, cities...
Vienna, the waltz capital of the world, is turning into the city of antique cars
The wheel of time rotates back and only for one weekend. The annual parade “Vienna Classic Days” takes place in a charming and friendly atmosphere, which has long turned into a cult event pleasing a large audience along a stretch of path starting at the Vienna City Hall. Participants in the parade and the stars of motorsport to the rumble of motors and the overflow of waltz present their magnificent cars, some of which are sometimes already over 100 years old. For some this is a test of time, for others, it is a unique opportunity to show brilliance and...
Niki Lauda, the legend of Formula 1, one of the outstanding Austrians of our time, has died
More than the government crisis in Austria, we were stunned by the sad news of the death of Niki Lauda. The 70-year-old Formula One champion, pilot and founder of the aviation company, died on May 20th. He was not only the national hero of Austria, who inspired a whole generation, but also a great personality with an extraordinary fighting character and a kind heart. Niki Lauda was born in Vienna in a family of influential industrialists. He bought his first own VW-Käfer Cabriolet of 1949, already in 15 years. He made his debut in the European series “Mini”, then began...
Changes in the traffic rules in Austria
Traffic rules in Austria are constantly improving. On Monday, April 1, 2019, the 30th amendment to the Road Traffic Act (30. Novelle der Straßenverkehrsordnung) came into force. In this article we will look at the main statements. One of the key changes is that the end of the cycling track should no longer be indicated by the word ‘Ende’, but the repeated bicycle symbols are still remained. When the bike path ends and the cyclist goes to nearby tracks, other road users should let him join the traffic flow on equal rights. So a cyclist who moves straight and moves...
Demand for apartments and houses fell by more than 40%
Erich Schuller, a real estate expert in Austria and Germany, is co-owner of 4M-Immobilien www.4m-immo.at, one of the leading real estate agencies in Austria. In the interview he reveals the secrets of the current state of the real estate market in Austria. Dear Mr. Schuller, what is the situation on the real estate market in Austria? The situation has never been so dramatic in the last 60 years. Since the summer of 2022, house and apartment prices have been falling by more than 15% annually, and stabilization is not yet expected. Experts assume that this trend will continue in 2025....
Wine and winemaking in Austria
Wine and winemaking in Austria is a fairly developed and profitable business. For many tourists and visitors, Austria is more likely to be associated with beer and Vienna schnitzel. But Austria has a long history of wine production and therefore its culture of consumption. Good Austrian wine is not only a great gift for loved ones, but also a good souvenir to commemorate a visit to this country. A Brief History of Winemaking in Austria According to some archaeological finds, grapes were grown in the territory of modern Austria already 4000 years ago. Ancient wine vessels found near Salzburg date...
Austria is looking for new sources of power
Is there undiscovered gas deposits in Austria?
St.Valentine’s Day in Austria – what do we celebrate and where to go
St.Valentine’s Day in Austria is traditionally celebrated every year, on February 14th. It is believed that the roots of this holiday go back to the times of ancient Rome. Lupercalia (February 13–15) was an archaic rite and festival which was strongly connected to the fertility and childbirth. In Christianity, many Valentines are known, however, this holiday is most often associated with a military doctor and priest from the time of Emperor Claudius II also known as Claudius Gothicus. He believed that having a family would badly interfere with the soldier’s fighting spirit, so he forbade them to get married. According...
Biosphere Parks in Austria
Biosphere Park combines the protection of important natural and cultural values with the development of environmentally friendly environmental management methods.
Electric transport in Austria – developments and support
About electric transport in Austria - development and financial support
