Riia mnt 28a, Pärnu

Riia mnt 28a is a 4-story apartment building constructed in 2008, located in Pärnu linn, comprising 14 apartments. The EHR registry code is 120309365 and cadastral ID is 62511:143:7430. Estiq reports estimated energy class C.

The Estiq AVM model estimate is 3 198 €/m². The valuation range spans 2 725–3 671 €/m². The calculated fair value of a typical 2-room apartment is approximately €152 545.

Based on the 3 198 €/m² benchmark, a 40 sqm apartment is indicatively valued at €127 920 and a 50 sqm apartment at €159 900. Actual value depends on interior condition, floor, parking, and storage.

1-room: €101 852–€137 237; 2-room: €135 145–€182 097; 3-room: €195 127–€262 917.

The model-based indicative asking price is approximately €3 358/m² (for the typical 2-room unit, about €160 172), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €410–€510 per month, generating an estimated gross yield of 3,1–4,1%.

Buying means a loan payment of about €631 a month, renting €410–€510 — the loan payment is 37% above the rent. That is 41% (loan) and 30% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (47.7 m²) at €152,545 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €30,509 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 33 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 21% were in the two best classes and 51% in the two worst (level: high). Estimated road noise at the building is 57 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 €3.23/m² per month in total including utilities; a typical flat paid €135 per month. Association fees excluding utilities were €0.84/m² per month, of which €0.12/m² to the repair fund. The repair fund held €19 501 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 2021 to 2025 association fees changed by +39% in total; the repair fund went from €11 083 (2021) to €19 501 (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.