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MIPIM 2022 (21 MB)

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C<br />

urrently, the database covers new<br />

construction projects throughout<br />

Austria with five or more residential<br />

units. The entire project development<br />

process is illustrated, from the purchase<br />

of the property to the sale of the last apartment.<br />

Included is substantiated information from the<br />

most sought-after apartments and current prices,<br />

right through to the land cost share. This makes<br />

it easy to answer the most important questions<br />

from project acquisition to project development<br />

and marketing with just a few clicks. For example,<br />

current and future projects can be easily<br />

retrieved at the district level.<br />

Exploreal uses publicly available data and<br />

keeps it up to date on an ongoing basis. More<br />

than a dozen different data sources are entered<br />

by hand, merged, supplemented and verified<br />

by the company‘s own surveys.<br />

„A particular highlight of the database is the<br />

basic cost component, which is determined<br />

for each project,“ says Alexander Bosak, Exploreal‘s<br />

managing director. „The wealth of<br />

information on the demand situation allows<br />

developers to adjust their projects accordingly.<br />

This means that only those apartments that are<br />

actually needed really come onto the market.<br />

LOWER AUSTRIA<br />

1–2 room apts: 29 %<br />

3 room apts: 36 %<br />

4+ room apts: 35 %<br />

All apartments on offer (n = 3.913)<br />

With loggia: 18 %<br />

With balcony: 24 %<br />

With terrace: 52 %<br />

With garden: 37 %<br />

With open space: 97 %<br />

(loggia/balcony/terrace/garden)<br />

All apartments on offer (n = 4.995)<br />

Apartments: 85 %<br />

Terrace house/Duplex: 13 %<br />

Detached house: 2 %<br />

All residential units iN EXPLOREAL (n = 42.226)<br />

ø 25 Apartments/Project<br />

Arithmetic average of suitable<br />

projects (n = 1.705)<br />

ø 79,5 sqm Living area<br />

Median of all residential units on<br />

offer(n = 4.998)<br />

ø 11,5 sqm Open areas<br />

(loggia/balcony/terrace)<br />

Median of all residential units<br />

on offer(n = 4.995)<br />

ø 1,63 Parking spaces/apartment<br />

Arithmetic average of suitable projects<br />

(n = 1.513)<br />

ø Land cost share: 495 €/sqm<br />

Arithmetic average of suitable<br />

projects (n = 253)<br />

Source: EXPLOREAL/Stand: 02.02.20<strong>21</strong><br />

RE/MAX Forecast - Lower Austria<br />

Demand: +5,9 Prozent<br />

Supply: +1,5 Prozent<br />

Price: +3,1 Prozent<br />

Prices of condominiums in central locations are<br />

expected to rise by 5.7 percent, rents by 1.1 percent.<br />

On the outskirts, prices are expected to<br />

grow less, by 4.9 percent. For rental apartments,<br />

the trend is more sideways at 0.0 percent. Condominiums<br />

in rural communities are picking up<br />

+3.6 percent, while rents are slipping 0.4 percent.<br />

<strong>MIPIM</strong> | <strong>2022</strong><br />

35

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