Even though times are difficult, the interest in luxurious and exclusive real estate is still high. It is a property class with steadily increasing value which also better survives the low periods of the economy. As a person who appreciates good architecture and is active on the real estate market, I am glad to admit …
News
Estonian Real Estate Review, April 2022
April transactions strongly reflect the changes in the real estate market. The lower number of transactions is mostly based on lower offering – according to KV.EE, the offering of apartments has increased in comparison to the beginning of the year, but it is lower than last year by nearly one third. However, in Harju County …
Real estate expert: the market for land and plots is booming. Prices are expected to increase by up to 20% by summer
According to Jaanus Laugus, head of Uus Maa, the largest real estate agency in Estonia, the demand this spring for land and plots rose to the highest level of the last decade and a 10-20% price increase is expected by summer. The investment into real estate is a clearly noticeable trend against the backdrop …
Estonian Real Estate Review, March 2022
The war between Russia and Ukraine has brought some changes to the real estate market, even though its impact on the sales-purchase transactions in March was not too great. Bigger changes have taken place on the market of Tallinn, which is always the first one to respond, whether the news is positive or negative. In …
Estonian Real Estate Review, February 2022
The impacts of the war between Russia and Ukraine were still marginal in the real estate market in February, although after February 24th, the situation has drastically changed. As the situation is unpredictable, largely depending on the course of the war, various scenarios are possible. The market of developments shows that the rapid increase of …
Estonian Real Estate Review, January 2022
For the real estate market, year 2022 began with an energy shock. That has not brought along a price drop but has increased the number of sales and lease offers. Due to the large volume of new developments, the asking price has rather increased, but the growth in the number of listings implies longer sales …
LUXUM by Uus Maa won the first prize at an international competition!
LUXUM by Uus Maa was awarded the first prize in a reputable international competition as The Best Luxury Real Estate Brokerage in Estonia! LUXUM, a boutique office dedicated to the most exclusive real estate of Uus Maa, is up to speed on a global scale and gets more and more international attention. The office was …
Estonian Real Estate Review, December 2021
Year 2021 that ended up losing just to the very peak of the last boom came to conclusion with an active December. In December, for the third consecutive month, over 2,500 apartment transactions were concluded; due to increased volume of new developments, the median price achieved the best result of all time (1,915 €/m2). In …
Estonian Real Estate Review, November 2021
The autumn real estate race that started in September did not lose any speed also in November. On the contrary, the higher-than-average share of new developments characteristic of year-end, still a low number of offers, strong demand and good loan conditions have kept the market active, as well as increased real estate prices. 2,692 apartment …
Luxum takes real estate sale to a new level
A stylish and inspiring real estate boutique Luxum was opened at the heart of Tallinn, in Maakri district. The boutique offers fascinating and luxurious homes and personal service to clients. Even though the summer is hot, it has not cooled interest in real estate, and the days of the agents are busy. We managed to …