Papiniidu tänav 31, Pärnu

Papiniidu tn 31 is a 5-story apartment building constructed in 1986, located in Pärnu linn, comprising 130 apartments. The EHR registry code is 103015716 and cadastral ID is 62513:174:8250. Estiq reports energy class B.

The Estiq AVM model estimate is 1 734 €/m². The valuation range spans 1 477–1 991 €/m². The calculated fair value of a typical 2-room apartment is approximately €83 579.

Based on the 1 734 €/m² benchmark, a 40 sqm apartment is indicatively valued at €69 360 and a 50 sqm apartment at €86 700. Actual value depends on interior condition, floor, parking, and storage.

1-room: €51 975–€70 032; 2-room: €71 652–€96 546; 3-room: €91 782–€123 669; 4-room: €105 132–€141 657.

The model-based indicative asking price is approximately €1 821/m² (for the typical 2-room unit, about €87 758), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €330–€400 per month, generating an estimated gross yield of 4,8–5,8%.

Buying means a loan payment of about €346 a month, renting €330–€400 — the loan payment is 5% below the rent. That is 22% (loan) and 24% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (48.2 m²) at €83,579 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €16,716 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 €2.11/m² per month in total including utilities; a typical flat paid €111 per month. Association fees excluding utilities were €0.81/m² per month, of which €0.35/m² to the repair fund. The association had no loans. 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 +18% 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.