Papli tänav 34, Pärnu

Papli tn 34 is a 2-story apartment building constructed in 2004, located in Pärnu linn, comprising 8 apartments. The EHR registry code is 120257431 and cadastral ID is 62512:049:3310. 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 €113 011.

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: €95 951–€129 286; 3-room: €125 524–€169 133.

The model-based indicative asking price is approximately €2 060/m² (for the typical 2-room unit, about €118 662), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €450–€550 per month, generating an estimated gross yield of 4,8–5,8%.

Buying means a loan payment of about €467 a month, renting €450–€550 — the loan payment is 7% below the rent. That is 30% (loan) and 32% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (57.6 m²) at €113,011 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €22,602 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 10 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 30% were in the two best classes and 48% in the two worst (level: high). Estimated road noise at the building is 46 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 €2.87/m² per month in total including utilities; a typical flat paid €191 per month. Association fees excluding utilities were €0.06/m² per month. The repair fund held €1 577 at year end. The association had no loans. For comparison, the median of 197 associations in Kesklinna linnaosa, Eeslinna subdistrict was €2.48/m² per month. From 2022 to 2025 association fees changed by −96% in total; the repair fund went from €0 (2022) to €1 577 (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.