Property Prices Carinthia

How are real estate prices developing in Austria's southernmost federal state Carinthia?

Demand for residential properties is particularly high for classic lakeside locations, lake views, and retreats in the mountains. In addition to properties in lakeside or mountain locations, properties in the well-connected outskirts of Klagenfurt and Villach are increasingly sought after.

Real estate prices for a home averaged just under 330,000 euros in 2024. The real estate market in Carinthia has hardly changed recently. In the condominium segment, there was a similar number of transactions as in the previous year 2023. Especially larger apartments, but also small vacation apartments, remain popular. The average price per square meter was around 4,300 euros, higher than in the previous year 2023 but still below the nationwide average of 4,900 euros per square meter. Real estate prices are highest in the area around Klagenfurt.

How are real estate prices developing in Klagenfurt?

The demand for residential properties in the state capital Klagenfurt is equally large in the city and surrounding areas. Price per square meter in Klagenfurt has risen over the past five years, which is also due to migration and positive economic developments.

How are real estate prices developing in the Upper Carinthia – Millstätter See region?

The trend of recent years to seek nature-oriented retreats such as agricultural properties, mountain chalets, and remote residential houses continues. Around Millstätter See and in the district town Spittal an der Drau, particularly large residential houses and apartments of superior quality and with high-end amenities are sought after. The best locations are directly on the lake shore or with panoramic views.

Real estate prices for houses in the Upper Carinthia-Millstätter See region average around 300,000 euros and are therefore still comparatively moderate.

How are real estate prices developing in the Wörthersee – Ossiacher See region?

The attractiveness of the lakes region remains unbroken and real estate prices, especially near the lakes and with lake views, continue to rise strongly. A dedicated purpose allocation of the motorboat tax is intended to enable the purchase of additional public lake access points. This makes properties and apartments in the so-called second and third rows even more attractive and further enhances their value.

Real estate prices have been rising throughout the region for years and are far above the Carinthian average prices. For a home in the region, an average of around 400,000 euros was paid in 2024.