Salzburg

The housing market in Salzburg, Austria, remains robust despite recent challenges. As of 2024, the city has seen a slight decline in property prices, with the average price per square meter for condominiums at €5,700, down from €6,002 in 2023. However, the market is expected to stabilize in 2025, with experts predicting a potential price increase of 3% to 7%.

Salzburg's rental market has experienced growth, with average rents for 60 m² apartments rising from €15.48/m² in 2023 to €17.35/m² in 2024. For larger 100 m² apartments, the increase was more modest, from €14.10/m² to €14.24/m².

The city has a high proportion of renters, with approximately 38% of residents renting their homes, second only to Vienna in Austria. This indicates a significant rental market presence in Salzburg.

Social housing plays a crucial role in Salzburg's housing landscape. The European Investment Bank has recently provided loans to finance the construction of 1,000 new affordable flats in the city by 2028, addressing the need for low-income housing.

While specific figures for the total number of housing units and the exact share of public, social, and cooperative housing are not provided in the search results, it's clear that these sectors are important in Salzburg's efforts to maintain housing affordability and accessibility.

Housing cooperatives play a significant role in providing affordable housing in Salzburg, Austria. The city actively promotes cooperative housing through various initiatives and policies.

One notable example is the Wir inHAUSer project, a comprehensive renovation of a social housing complex in Friedrich-Inhauser-Straße. This project, led by the housing provider Heimat Österreich, transformed 75 apartments into 99 energy-efficient units, focusing on carbon-neutral construction and innovative mobility solutions. The renovation was supported by the Land of Salzburg housing subsidy scheme and additional funding from the Climate and Energy Fund.

Salzburg's spatial planning regulations also impact housing cooperatives. The city has implemented restrictions on second homes to ensure housing availability for residents. As of March 2024, 91 out of 119 municipalities in the province of Salzburg have been designated as second home restriction areas, affecting property transfers and usage.

The city encourages collaborative planning processes and provides dedicated funding for local engagement in housing projects. This approach has led to positive externalities in the housing sector, inspiring both social and private housing providers to adopt similar sustainable practices.

While specific data on the number of housing cooperatives in Salzburg is not provided, these initiatives demonstrate the city's commitment to promoting affordable, sustainable, and community-oriented housing solutions.

The city administration of Salzburg is actively addressing the issue of affordable and sustainable housing through various initiatives. The European Investment Bank (EIB) is providing loans of up to €100 million to Salzburger Sparkasse Bank AG to finance the construction of 1,000 new affordable rental flats in Salzburg by 2028. These new homes will be climate-friendly and aimed at low-income tenants.

Salzburg is also implementing innovative projects like "Wir inHAUSer," which focuses on minimizing carbon footprints through energy-efficient renovations and alternative transportation options. This project involves collaboration between the municipality, developers, and research institutions to create sustainable neighborhoods.

The city is promoting inner-city densification and guaranteeing housing affordability in areas like Inhauserstraße. New buildings in Salzburg are being constructed with very low energy demands, incorporating features such as solar thermal collectors, heat pumps, and mechanical ventilation systems with heat recovery.

Salzburg is part of broader initiatives like the "Green Solar Cities" project, which integrates renewable energy technologies into new and existing buildings. The city administration is also working on holistic urban planning approaches that view housing policy as a means to foster diverse and sustainable communities, improve quality of life, and promote employment.

These efforts demonstrate Salzburg's commitment to creating more affordable and sustainable housing while addressing environmental concerns and improving residents' quality of life.