Because of the high quality of life, real estate prices in Styria are kept at a high level. Thus, the average price for residential real estate in the capital and the largest city - Graz - is about EUR 3,600 per square meter.
The location affects the cost of housing. For example, the best locations in the city of Graz for purchasing the property are in the center of town: Waltendorf, Andritz, Sankt Peter, Sankt Leonhard and Geidorf. The cost of a freehold apartment in these districts ranges from EUR 5,500 to EUR 8,500 per sq. m. Sale prices for detached and semi-detached houses in the above-mentioned locations range from EUR 400,000 to EUR 2,000,000.
Holiday homes for sale in Styria are in high demand due to the excellent rentability of such properties. The most popular places for holiday homes comprise southern Styria and Schladming-Dachstein. The latter is a big and popular tourist destination in northwestern Styria. Demand for holiday houses is particularly strong in the luxury segment and prices can reach up to EUR 2M.