Rakvere tänav 20c, Narva

Rakvere tn 20c is a 3-story apartment building constructed in 1987, located in Narva linn, comprising 24 apartments. The EHR registry code is 118000476 and cadastral ID is 51101:003:0012. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 502 €/m². The valuation range spans 388–616 €/m². The calculated fair value of a typical 2-room apartment is approximately €23 795.

Based on the 502 €/m² benchmark, a 40 sqm apartment is indicatively valued at €20 080 and a 50 sqm apartment at €25 100. Actual value depends on interior condition, floor, parking, and storage.

1-room: €14 910–€23 667; 2-room: €19 674–€31 229; 3-room: €23 287–€36 963.

The model-based indicative asking price is approximately €527/m² (for the typical 2-room unit, about €24 985), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €250–€310 per month, generating an estimated gross yield of 13,6–14,6%.

Buying means a loan payment of about €98 a month, renting €250–€310 — the loan payment is 65% below the rent. That is 7% (loan) and 21% (rent) of the median gross wage (Narva linn, €1,335, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (47.4 m²) at €23,795 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €4,759 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 226 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 68% were in the two best classes and 11% in the two worst (level: elevated). Estimated road noise at the building is 56 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.26/m² per month in total including utilities; a typical flat paid €172 per month. Association fees excluding utilities were €1.05/m² per month, of which €0.52/m² to the repair fund. The repair fund held €14 482 at year end. The association had €27 360 of loans outstanding. For comparison, the median of 46 associations in Vanalinna linnaosa subdistrict was €3.26/m² per month. From 2021 to 2025 association fees changed by −1.3% in total; the repair fund went from €119 (2021) to €14 482 (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.