Wieden

Wieden packs a great deal of Vienna's charm into a small footprint. The 4th district borders the famous Naschmarkt and the grand Karlsplatz, and is home to the Vienna University of Technology and the trendy Freihausviertel, a cluster of design boutiques, cafes and bars that gives the area its fashionable, youthful pulse. For residents the appeal is being right in the action, walkable to markets, universities and the centre; for investors it is one of the city's most expensive and liquid inner districts. The cautions are Vienna-wide: strict rent regulation that keeps yields low, and steep transaction costs. For buyers who want a hip, prime central address and prize location over income, Wieden is a standout.

Wieden in Vienna, Vienna (Wien), Austria