Kaevu tänav 5, Pärnu

Kaevu tn 5 is a 5-story apartment building constructed in 1971, located in Pärnu linn, comprising 55 apartments. The EHR registry code is 103016521 and cadastral ID is 62507:016:8110. Estiq reports energy class G.

The Estiq AVM model estimate is 1 962 €/m². The valuation range spans 1 672–2 252 €/m². The calculated fair value of a typical 2-room apartment is approximately €92 410.

Based on the 1 962 €/m² benchmark, a 40 sqm apartment is indicatively valued at €78 480 and a 50 sqm apartment at €98 100. Actual value depends on interior condition, floor, parking, and storage.

1-room: €49 143–€66 217; 2-room: €76 895–€103 609; 3-room: €92 137–€124 147; 4-room: €113 974–€153 571.

The model-based indicative asking price is approximately €2 060/m² (for the typical 2-room unit, about €97 031), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €400–€490 per month, generating an estimated gross yield of 5,3–6,3%.

Buying means a loan payment of about €382 a month, renting €400–€490 — the loan payment is 14% below the rent. That is 25% (loan) and 29% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (47.1 m²) at €92,410 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €18,482 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 16 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 34% were in the two best classes and 46% in the two worst (level: high). Estimated road noise at the building is 57 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 €3.19/m² per month in total including utilities; a typical flat paid €153 per month. Association fees excluding utilities were €0.89/m² per month, of which €0.30/m² to the repair fund. The repair fund held €58 365 at year end. The association had no loans. For comparison, the median of 74 associations in Rääma linnaosa, Rääma subdistrict was €2.83/m² per month. From 2022 to 2025 association fees changed by −29% in total; the repair fund went from €0 (2022) to €58 365 (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.