Mai tänav 38, Pärnu

Mai tn 38 is a 5-story apartment building constructed in 1987, located in Pärnu linn, comprising 60 apartments. The EHR registry code is 103013934 and cadastral ID is 62513:175:8870. Estiq reports energy class C.

The Estiq AVM model estimate is 1 894 €/m². The valuation range spans 1 614–2 174 €/m². The calculated fair value of a typical 2-room apartment is approximately €88 450.

Based on the 1 894 €/m² benchmark, a 40 sqm apartment is indicatively valued at €75 760 and a 50 sqm apartment at €94 700. Actual value depends on interior condition, floor, parking, and storage.

1-room: €56 770–€76 493; 2-room: €77 457–€104 367; 3-room: €99 751–€134 407; 4-room: €114 328–€154 048.

The model-based indicative asking price is approximately €1 989/m² (for the typical 2-room unit, about €92 873), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €430–€530 per month, generating an estimated gross yield of 6,0–7,0%.

Buying means a loan payment of about €366 a month, renting €430–€530 — the loan payment is 24% below the rent. That is 24% (loan) and 31% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (46.7 m²) at €88,450 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €17,690 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 2 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 37% were in the two best classes and 29% 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, a typical flat paid €108 per month in total, including utilities. The repair fund held €3 975 at year end. The association had no loans. From 2021 to 2025 association fees changed by −52% in total; the repair fund went from €0 (2024) to €3 975 (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.