Ringi tänav 9, Maardu

Ringi tn 9 is a 5-story apartment building constructed in 1988, located in Maardu, comprising 48 apartments. The EHR registry code is 116027753 and cadastral ID is 44603:003:0210. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 1 388 €/m². The valuation range spans 1 220–1 556 €/m². The calculated fair value of a typical 2-room apartment is approximately €72 731.

Based on the 1 388 €/m² benchmark, a 40 sqm apartment is indicatively valued at €55 520 and a 50 sqm apartment at €69 400. Actual value depends on interior condition, floor, parking, and storage.

1-room: €49 563–€63 209; 2-room: €63 931–€81 532; 3-room: €73 528–€93 771; 4-room: €89 421–€114 040.

The model-based indicative asking price is approximately €1 457/m² (for the typical 2-room unit, about €76 368), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €470–€580 per month, generating an estimated gross yield of 8,2–9,2%.

Buying means a loan payment of about €301 a month, renting €470–€580 — the loan payment is 43% below the rent. That is 19% (loan) and 33% (rent) of the median gross wage (Maardu linn, €1,575, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (52.4 m²) at €72,731 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €14,546 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 3 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 75% were in the two best classes and 6% in the two worst (level: moderate). Estimated road noise at the building is 50 dB (Lden). Radon in soil gas: very high (250–500 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, a typical flat paid the association €143 per month, plus utilities. Association fees excluding utilities were €2.60/m² per month. The repair fund held €16 942 at year end. The association had no loans. From 2022 to 2025 association fees changed by +11% in total; the repair fund went from €14 259 (2022) to €16 942 (2025). See the association figures.

No. For a mortgage the bank needs a certified valuer's report under EVS 875 — order a valuation.

Median error is 9.5% in Tallinn and 12.1% elsewhere in Estonia; 83% of Tallinn estimates fall within ±20% (blind test, May–September 2026). Atypical properties have larger errors — see the methodology.

Sale prices — notarised apartment sales, Maa- ja Ruumiamet; estimates — the Estiq AVM model; rents — Estiq market database (24 months); wages — Statistics Estonia (PA117); building data — building register (EHR); association costs — housing associations' annual reports; noise and air — national noise maps and air monitoring. Figures refresh with every data load and each states its period and sample — see the methodology.