Papli tänav 32, Pärnu

Papli tn 32 is a 2-story apartment building constructed in 2004, located in Pärnu linn, comprising 8 apartments. The EHR registry code is 120255319 and cadastral ID is 62512:049:3320. Estiq reports 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 2-room apartment is approximately €115 562.

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.

2-room: €98 459–€132 665.

The model-based indicative asking price is approximately €2 060/m² (for the typical 2-room unit, about €121 340), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €460–€560 per month, generating an estimated gross yield of 4,8–5,8%.

Buying means a loan payment of about €478 a month, renting €460–€560 — the loan payment is 6% below the rent. That is 31% (loan) and 33% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (58.9 m²) at €115,562 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €23,112 down payment; rent from nearby offers; association and state fees excluded.

Air: of the last 12 months' hourly readings, 31% were in the two best classes and 47% in the two worst (level: high). Estimated road noise at the building is 46 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 €141 per month, plus utilities. Association fees excluding utilities were €3.44/m² per month, of which €2.33/m² to the repair fund. The repair fund held €4 858 at year end. The association had €18 965 of loans outstanding. From 2022 to 2025 association fees changed by +271% in total; the repair fund went from €15 543 (2022) to €4 858 (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.