Mai tänav 59, Pärnu

Mai tn 59 is a 6-story apartment building constructed in 2001, located in Pärnu linn, comprising 89 apartments. The EHR registry code is 103049480 and cadastral ID is 62513:174:0170. Estiq reports estimated energy class C.

The Estiq AVM model estimate is 1 700 €/m². The valuation range spans 1 448–1 952 €/m². The calculated fair value of a typical 1-room apartment is approximately €58 370.

Based on the 1 700 €/m² benchmark, a 40 sqm apartment is indicatively valued at €68 000 and a 50 sqm apartment at €85 000. Actual value depends on interior condition, floor, parking, and storage.

1-room: €49 883–€67 213; 2-room: €68 509–€92 311; 3-room: €83 984–€113 162; 4-room: €110 051–€148 285.

The model-based indicative asking price is approximately €1 874/m² (for the typical 1-room unit, about €61 289), allowing a 3–5% negotiation buffer.

A 1-room apartment in good condition has an estimated market rent of €300–€370 per month, generating an estimated gross yield of 6,4–7,4%.

Buying means a loan payment of about €241 a month, renting €300–€370 — the loan payment is 28% below the rent. That is 16% (loan) and 22% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 1-room flat (32.7 m²) at €58,370 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €11,674 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, 32% were in the two best classes and 47% 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 €3.10/m² per month in total including utilities; a typical flat paid €120 per month. Association fees excluding utilities were €0.07/m² per month. The repair fund held €23 766 at year end. The association had €86 786 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 −99% in total; the repair fund went from €0 (2021) to €23 766 (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.