Mai tänav 16, Pärnu

Mai tn 16 is a 5-story apartment building constructed in 1982, located in Pärnu linn, comprising 131 apartments. The EHR registry code is 103015659 and cadastral ID is 62513:172:0230. Estiq reports energy class B.

The Estiq AVM model estimate is 1 915 €/m². The valuation range spans 1 632–2 198 €/m². The calculated fair value of a typical 2-room apartment is approximately €90 963.

Based on the 1 915 €/m² benchmark, a 40 sqm apartment is indicatively valued at €76 600 and a 50 sqm apartment at €95 750. Actual value depends on interior condition, floor, parking, and storage.

1-room: €61 167–€82 418; 2-room: €78 968–€106 404; 3-room: €101 475–€136 730; 4-room: €116 234–€156 615.

The model-based indicative asking price is approximately €2 011/m² (for the typical 2-room unit, about €95 511), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €340–€410 per month, generating an estimated gross yield of 4,5–5,5%.

Buying means a loan payment of about €376 a month, renting €340–€410 — about the same. That is 24% (loan) and 24% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (47.5 m²) at €90,963 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €18,193 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 36 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 21% were in the two best classes and 48% in the two worst (level: high). Estimated road noise at the building is 47 dB (Lden). Radon in soil gas: high (50–100 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €2.55/m² per month in total including utilities; a typical flat paid €145 per month. Association fees excluding utilities were €0.59/m² per month, of which €0.19/m² to the repair fund. The repair fund held €63 303 at year end. The association had €87 484 of loans outstanding. For comparison, the median of 70 associations in Kesklinna linnaosa, Mai subdistrict was €2.57/m² per month. From 2021 to 2025 association fees changed by +12% in total; the repair fund went from €15 997 (2021) to €63 303 (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.