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 …
Category: Real estate market
The real estate market in the biggest cities was quieter in April
In April, the real estate market in the four largest cities in Estonia was quieter again. The total or unit price of apartments is becoming increasingly important, and preferences are being adjusted accordingly. We have already written a lot about Euribor, and there is nothing new to add here. The European Central Bank is still …
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, …
Good architecture and luxury are appreciated more and more
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 …
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 …