January market overview – borrowing becomes cheaper, purchasing power improves, and prices slightly dip

The Estonian apartment market continues on the wave of stability, but due to changes in transaction structure, we also anticipate statistical price declines this year. Although at first glance the number of transactions in January may seem alarmingly low to some, it is actually quite typical for the seasonal patterns of the Estonian real estate …

Viimsi: A Premier Choice for Residency – 15 Compelling Reasons

Viimsi boasts a highly sought-after comprehensive living environment where contemporary architecture and modern living standards coexist with pristine and beautiful natural surroundings. Viimsi is located a mere 15 kilometers from the heart of Tallinn. Kairi Vanem, an agent at Uus Maa Luxum, presents 15 compelling reasons why living in Viimsi is an excellent choice. Proximity …

In the real estate market, emotional factors do not play a significant role

The current state of the real estate market can be likened to that of a grocery store, where purchases are primarily driven by necessity or attractive pricing, while high-end emotional acquisitions occur less frequently. Despite the absence of a notable decline in average square meter prices, the market is currently experiencing a downturn, evidenced by …

Market overview: Prices decline in Tallinn and overall Estonia

August saw increased activity in the apartment market in Estonia, but both Estonia as a whole and Tallinn experienced a decline in prices. However, transactions for some apartments are happening very quickly. Looking at the dynamics of buying activity, it is clear that interest in second-hand residential properties is steadily growing. Successful transactions are mainly …

Across Europe recognition! LUXUM by Uus Maa was selected in London as the best premium real estate agency!

LUXUM by Uus Maa was awarded the highest title of “Best Premium Real Estate Agency 2023-2024” at a pan-European gala event in London. This is a truly outstanding achievement that confirms LUXUM’s increasing international attention and recognition, positioning it as a leader in both the Estonian and European real estate markets. LUXUM is a boutique …

Decline in the Apartment Market in Larger Cities in July – Seasonal Dip or a Broader Trend?

Opinions Diverge on the Future Development of the Market Views on the future development of the apartment market diverge, depending on the indicators considered and the basis for forecasting. Positive aspects include decreasing inflation and no significant winter surge in energy prices. On the negative side, factors such as a weak economy, high loan interest …