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Govt to consider reducing minimum apartment sizes
- Next week, the Cabinet will review proposed reductions in minimum apartment sizes, including studios from 37 to 32 m² and three-beds from 90 to 76 m², to lower construction costs.
- Declining private investment and high development costs prompted the government to propose reducing apartment sizes and easing design rules to lower costs and attract builders.
- Official figures show proposals reduce studio sizes to 32m², three-bed units to 76m², saving €50,000–€100,000 per unit, with standards maintained.
- Developers expect to build more apartments at lower costs, potentially making homes more affordable and increasing supply in a tight market.
- A full housing plan will follow only after the updated National Development Plan is approved later this month, with the draft not expected until autumn.
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In Vienna-Neubau one is looking for an apartment like the needle in a haystack, shows a new analysis. In Eisenstadt, Leoben and Graz, on the other hand, there are more apartments than need
·Vienna, Austria
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Coverage Details
Total News Sources12
Leaning Left5Leaning Right1Center1Last UpdatedBias Distribution71% Left
Bias Distribution
- 71% of the sources lean Left
71% Left
L 71%
14%
14%
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