Mai tänav 23, Pärnu

Mai tn 23 is a 5-story apartment building constructed in 1973, located in Pärnu linn, comprising 55 apartments. The EHR registry code is 103014806 and cadastral ID is 62513:050:0470. Estiq reports energy class C.

The Estiq AVM model estimate is 1 946 €/m². The valuation range spans 1 658–2 234 €/m². The calculated fair value of a typical 2-room apartment is approximately €90 100.

Based on the 1 946 €/m² benchmark, a 40 sqm apartment is indicatively valued at €77 840 and a 50 sqm apartment at €97 300. Actual value depends on interior condition, floor, parking, and storage.

1-room: €47 867–€64 498; 2-room: €74 444–€100 307; 3-room: €91 354–€123 092; 4-room: €108 565–€146 283.

The model-based indicative asking price is approximately €2 043/m² (for the typical 2-room unit, about €94 605), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €330–€410 per month, generating an estimated gross yield of 4,4–5,4%.

Buying means a loan payment of about €373 a month, renting €330–€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 (46.3 m²) at €90,100 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €18,020 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 86 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 26% 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 €2.66/m² per month in total including utilities; a typical flat paid €132 per month. Association fees excluding utilities were €0.86/m² per month, of which €0.06/m² to the repair fund. The association had €170 280 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 +22% 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.