Nelgi tänav 7, Pärnu

Nelgi tn 7 is a 2-story apartment building constructed in 1997, located in Pärnu linn, comprising 1 apartments. The EHR registry code is 103029165 and cadastral ID is 62504:060:1400. Estiq reports estimated energy class D.

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 4-room apartment is approximately €140 343.

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.

4-room: €119 572–€161 113.

The model-based indicative asking price is approximately €1 916/m² (for the typical 4-room unit, about €147 360), allowing a 3–5% negotiation buffer.

A 4-room apartment in good condition has an estimated market rent of €980–€1 190 per month, generating an estimated gross yield of 8,8–9,8%.

Buying means a loan payment of about €580 a month, renting €980–€1,190 — the loan payment is 47% below the rent. That is 37% (loan) and 70% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 4-room flat (76.9 m²) at €140,343 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €28,069 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 26 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 33% were in the two best classes and 45% in the two worst (level: high). Estimated road noise at the building is 57 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, a typical flat paid the association €131 per month, plus utilities. The repair fund held €3 381 at year end. The association had €65 574 of loans outstanding. From 2022 to 2025 association fees changed by +216% in total; the repair fund went from €1 855 (2022) to €3 381 (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.