Property price: Description
Land cannot be multiplied and, as an economic good, land is even scarcer than real estate, as its extent is tied to the earth's surface. Nevertheless, there is a strong, reciprocal relationship between land and real estate. Without land no real estate can be built, on the other hand the dedication of the land determines its value significantly. In an Austria-wide comparison of land prices, Similio only compares building land, but the respective dedication of the land defines both the extent of the use of the land and the permitted building height. With the number of permitted storeys, the price of land increases. The respective political municipality is responsible for the dedication of a land plot. Land plot ownership is documented in the land register, which is divided into cadastral municipalities. Cadastral municipalities never cross the borders of political municipalities, but a political municipality may consist of one or more cadastral municipalities. 'Location, location and again location' determines the value of a plot of land or real estate. And there are two factors that apply to this location. The proximity to urban centres and workplaces and the recreational value of ski resorts, lakeside areas.
Similio offers numerous Property price comparisons with interactive maps. There is a separate map for each Austrian municipality. Further maps for Property price are available at the level of political districts, landscapes, regions and at the level of federal provinces.
Follow the federal state links to get to the interactive Property price maps for the federal states.