Tallinna mnt 2, Narva

Tallinna mnt 2 is a 4-story apartment building constructed in 1959, located in Narva linn, comprising 26 apartments. The EHR registry code is 118000110 and cadastral ID is 51101:006:0091. Estiq reports energy class C.

The Estiq AVM model estimate is 526 €/m². The valuation range spans 407–645 €/m². The calculated fair value of a typical 2-room apartment is approximately €26 668.

Based on the 526 €/m² benchmark, a 40 sqm apartment is indicatively valued at €21 040 and a 50 sqm apartment at €26 300. Actual value depends on interior condition, floor, parking, and storage.

1-room: €14 380–€22 825; 2-room: €20 696–€32 851; 3-room: €27 482–€43 622.

The model-based indicative asking price is approximately €552/m² (for the typical 2-room unit, about €28 001), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €350–€420 per month, generating an estimated gross yield of 16,8–17,8%.

Buying means a loan payment of about €110 a month, renting €350–€420 — the loan payment is 71% below the rent. That is 8% (loan) and 29% (rent) of the median gross wage (Narva linn, €1,335, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (50.7 m²) at €26,668 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €5,334 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 33 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 16% were in the two best classes and 54% in the two worst (level: high). Estimated road noise at the building is 56 dB (Lden). Radon in soil gas: normal (30–50 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.80/m² per month in total including utilities; a typical flat paid €137 per month. Association fees excluding utilities were €0.99/m² per month, of which €0.21/m² to the repair fund. The association had no loans. For comparison, the median of 49 associations in Kerese linnaosa subdistrict was €3.33/m² per month. From 2021 to 2025 association fees changed by +81% in total. 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.