Laeva tänav 4, Pärnu

Laeva tn 4 is a 3-story apartment building constructed in 1978, located in Pärnu linn, comprising 24 apartments. The EHR registry code is 103016125 and cadastral ID is 62502:076:7580. Estiq reports estimated energy class E.

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 3-room apartment is approximately €130 938.

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: €70 556–€95 068; 2-room: €87 259–€117 574; 3-room: €111 559–€150 317; 4-room: €124 703–€168 027.

The model-based indicative asking price is approximately €1 978/m² (for the typical 3-room unit, about €137 485), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €620–€760 per month, generating an estimated gross yield of 5,8–6,8%.

Buying means a loan payment of about €541 a month, renting €620–€760 — the loan payment is 22% below the rent. That is 35% (loan) and 44% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (69.5 m²) at €130,938 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €26,188 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 7 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 29% were in the two best classes and 51% in the two worst (level: high). Estimated road noise at the building is 57 dB (Lden). These describe the area, not a specific apartment.

Association fees excluding utilities were €0.78/m² per month, of which €0.08/m² to the repair fund. The association had no loans. From 2022 to 2025 association fees changed by −32% 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.