LUXURY PROPERTIES AT INNERE STADT FOR SALE

At Innere Stadt one can find the perfect variants of luxurious apartments and amazing penthouses

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Innere Stadt

Vienna is divided into 23 districts, each with its own charm and flavor. Innere Stadt, as the First district of Vienna is the city center and the most prestigious district. It has the highest rental rates and many historical landmarks.

In 1857 Emperor Franz Joseph I decided to demolish the walls around the old town to improve integration with its suburbs that had grown up around and place the rest of the city in indexed areas around the Innere Stadt. The bricks of those former walls have turned into a wide Boulevard the Ringstraße or Ring road marking the boundaries of the area.

Ringstraße consists of 9 sections: the Stubenring in the East becomes the Parkring, and then the Schubertring. The Kertner ring, which turns into the Opernring in the South, the Burgring turns into the Dr-Karl-Renner-Ring, and then the Universitätsring in the North and the Schottenring, which leads to the Danube, the final part of the border.

INNERE STADT - 1ST DISTRICT OF VIENNA AND ITS ECONOMICAL APPEAL

Innere Stadt is the most expensive district in Vienna for the price per square meter.

According to David Breitwieser, head of residential real estate marketing at EHL Real Estate Group in Vienna, prices for the newly built apartments vary from $ 17,500 to $ 40,827 per square meter for penthouses.

Prices for the whole property unit start from 1 to 10 million euros. In rare cases, you can buy an entire palace on the real estate market for about 70 million euros.

Almost all housing in Innere Stadt consists of apartments, mostly cituated in old buildings – monuments of architecture.

They have ceilings up to 4 m high and details such as marble fireplaces, parquet floors, double doors and elaborate stucco decorations. High ceilings require spacious rooms, so in the large apartments with an area up to 460 sq. m you can find a living room of 80 sq. m and a dining area of 60 sq. m.

Many buildings have concierge services, and some of them have rooftop terraces or pools with panoramic views of the old town. The most exclusive apartments have private elevators, usually lifting the residents from the underground parking directly to the apartment.

ECONOMICAL APPEAL

There are predominantly buildings and palaces of the late 19th and early 20th centuries in the First district of Vienna, in styles such as Baroque, Ringstrasse, art Nouveau, Renaissance and Biedermeier.

The concentration of many historical buildings, which were not damaged in the two world wars, allowed them to be included in the UNESCO world heritage list.