Tallinn’s Old Town is experiencing a resurgence in popularity among families, both local residents and those returning from abroad. This UNESCO World Heritage Site has been a favorite among expatriates for many years, offering a unique opportunity to invest in its rich heritage at reasonable prices for rental income or personal use. However, recent trends …
Category: Property sales
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 …
In June, the real estate market experienced a slowdown, while prices continued to rise
The hot summer month of June caused a decrease in transaction activity in the real estate market, while prices increased in several areas. Clear patterns are emerging regarding the level of interest in different price groups. Many have raised a legitimate question about why there is talk of a downturn in the real estate market …
The developments significantly raised the price level in Tallinn
In general, the Estonian real estate market became somewhat more active again in May, and average price levels also increased. New developments took the lead in larger cities. In broad terms, May continued with the sentiments we experienced in previous months. Spring has traditionally been a more active period both in terms of property visits …
Buyers’ Market Dictates Prices in Estonia’s Real Estate Sector
According to Risto Vähi, an analyst at Uus Maa, Estonia’s largest real estate agency, the current real estate market is clearly a buyers’ market. Increasingly, apartments are being listed for sale at prices lower than before. Vähi believes that one principle of the stock market also applies to real estate: it’s worth buying when “blood …
An unforgettable evening of beauty and wonders with Luxum by Uus Maa
If the previous luxury real estate boutique office Luxum by Uus Maa client evening took place in the exciting Hearts Fine Jewellery salon, then this time we invited our loyal customers to the stylish Treimann design and furniture salon to enjoy a pleasant evening together in a beautiful and discovery-rich environment.Treimann Furniture & Design is …
There was an uptick in the apartment market in February
The real estate market returned to its normal state and the large decline that occurred at the beginning of the year in Tallinn was overcome. The market is currently favorable for buyers, who are showing more interest in new homes. However, the market also faces challenges such as increasing interest rates and an economic downturn, …
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 …