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 …
Category: Residential
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, …
20 important qualities that make a property luxurious
Luxury real estate does not just mean an expensive price tag but also uniqueness, exclusivity and convenience. Throughout time, real estate has proven itself as a highly stable asset type, and it has been especially obvious at the background of the health crisis that has hit the world. Increased real estate prices, growing demand and …
Estonian Real Estate Market review, March 2020
The overview of real estate market in March cannot escape the topic of coronavirus COVID-19 outbreak which started to influence the market considerably from the second half of the month. Estonian Real Estate Market in March 2020 As the majority of transactions had already been agreed, no big decline in the number of transactions can …
Estonian Real Estate Market review, December 2019
December has ended and we have once again a reason to create a yearly summary of the real estate market. On the one part, December was the quietest month of the second half-year (1,783 sales-purchase transactions), on the other part, however, the month with the highest transaction prices (median price 1,558 €/m2). Estonian Real Estate …
Estonian Real Estate Market review October 2019
In October, the people visiting the real estate conference of EKFL admitted that the sentiment of the participants in the real estate market is rather positive and no bigger systematic risks are predicted for the next few years. When looking at important indicators more widely, it may be true. However, we know that people are …
Market Review June 2019
In the 1st half-year of 2019, 11,131 sales-purchase transactions of apartment ownerships were concluded in Estonia. The number of transactions remained at more or less same level as in the three previous six-month periods. In comparison to the 1st half-year of last year, 158 transactions more were concluded. The median price of transactions is still …
Market Review April 2019
Estonia The figures of the 1st quarter of year 2019 show that the times in the real estate market are still good and even though the growth is slower than before, the setback that influenced the second half of last year seems to be behind us. In the first quarter, 5,257 sales-purchase transactions were concluded …