Metsa tänav 16, Pärnu

Metsa tn 16 is a 5-story apartment building constructed in 1990, located in Pärnu linn, comprising 101 apartments. The EHR registry code is 103015721 and cadastral ID is 62513:171:9080. Estiq reports energy class D.

The Estiq AVM model estimate is 2 212 €/m². The valuation range spans 1 885–2 539 €/m². The calculated fair value of a typical 1-room apartment is approximately €70 155.

Based on the 2 212 €/m² benchmark, a 40 sqm apartment is indicatively valued at €88 480 and a 50 sqm apartment at €110 600. Actual value depends on interior condition, floor, parking, and storage.

1-room: €60 959–€82 138; 2-room: €91 027–€122 652; 3-room: €117 446–€158 249; 4-room: €135 824–€183 011.

The model-based indicative asking price is approximately €2 439/m² (for the typical 1-room unit, about €73 663), 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 5,2–6,2%.

Buying means a loan payment of about €290 a month, renting €300–€370 — the loan payment is 13% below the rent. That is 19% (loan) and 22% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 1-room flat (30.2 m²) at €70,155 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €14,031 down payment; rent from nearby offers; association and state fees excluded.

Air: of the last 12 months' hourly readings, 28% were in the two best classes and 46% in the two worst (level: high). Estimated road noise at the building is 47 dB (Lden). Radon in soil gas: normal (30–50 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €2.89/m² per month in total including utilities; a typical flat paid €140 per month. Association fees excluding utilities were €1.07/m² per month. The repair fund held €14 289 at year end. The association had no loans. 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 +129% in total; the repair fund went from €3 419 (2021) to €14 289 (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.