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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
