Mere tänav 1, Pärnu

Mere tn 1 is a 2-story apartment building constructed in 1900, located in Pärnu linn, comprising 10 apartments. The EHR registry code is 103016326 and cadastral ID is 62513:169:0620. 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 2-room apartment is approximately €88 486.

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: €56 515–€76 149; 2-room: €81 074–€109 240; 3-room: €88 445–€119 172.

The model-based indicative asking price is approximately €2 060/m² (for the typical 2-room unit, about €92 910), 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 4,6–5,6%.

Buying means a loan payment of about €366 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 (45.1 m²) at €88,486 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €17,697 down payment; rent from nearby offers; association and state fees excluded.

Air: of the last 12 months' hourly readings, 27% were in the two best classes and 47% in the two worst (level: high). Estimated road noise at the building is 47 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.58/m² per month in total including utilities; a typical flat paid €185 per month. Association fees excluding utilities were €0.43/m² per month, of which €0.15/m² to the repair fund. The association had €138 804 of loans outstanding. For comparison, the median of 70 associations in Kesklinna linnaosa, Mai subdistrict was €2.57/m² per month. From 2022 to 2025 association fees changed by +11% 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.