Papli tänav 6a, Pärnu

Papli tn 6a is a 3-story apartment building constructed in 2023, located in Pärnu linn, comprising 5 apartments. The EHR registry code is 121335074 and cadastral ID is 62512:040:2230. Estiq reports energy class B.

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 €130 123.

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.

3-room: €107 546–€144 910; 4-room: €125 947–€169 703.

The model-based indicative asking price is approximately €1 916/m² (for the typical 4-room unit, about €136 629), allowing a 3–5% negotiation buffer.

A 4-room apartment in good condition has an estimated market rent of €1 020–€1 250 per month, generating an estimated gross yield of 10,0–11,0%.

Buying means a loan payment of about €538 a month, renting €1,020–€1,250 — the loan payment is 53% below the rent. That is 35% (loan) and 73% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 4-room flat (71.3 m²) at €130,123 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €26,025 down payment; rent from nearby offers; association and state fees excluded.

Air: of the last 12 months' hourly readings, 32% were in the two best classes and 48% 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, owners paid on average €3.75/m² per month in total including utilities; a typical flat paid €254 per month. Association fees excluding utilities were €1.13/m² per month. The repair fund held €1 441 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 2023 to 2025 association fees changed by +32% in total; the repair fund went from €0 (2024) to €1 441 (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.