Ringi tänav 37, Pärnu

Ringi tn 37 is a 6-story apartment building constructed in 2004, located in Pärnu linn, comprising 39 apartments. The EHR registry code is 120263437 and cadastral ID is 62510:002:1900. 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 €104 771.

Based on the 1 962 €/m² benchmark, a 50 sqm apartment is indicatively valued at €98 100 and a 75 sqm apartment at €147 150. Actual value depends on interior condition, floor, parking, and storage.

1-room: €63 184–€85 136; 2-room: €87 092–€117 349; 3-room: €127 932–€172 378; 4-room: €305 693–€411 897.

The model-based indicative asking price is approximately €2 060/m² (for the typical 2-room unit, about €110 010), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €530–€640 per month, generating an estimated gross yield of 6,2–7,2%.

Buying means a loan payment of about €433 a month, renting €530–€640 — the loan payment is 26% below the rent. That is 28% (loan) and 38% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (53.4 m²) at €104,771 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €20,954 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 3 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 35% were in the two best classes and 39% in the two worst (level: high). Estimated road noise at the building is 58 dB (Lden). Radon in soil gas: normal (30–50 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.02/m² per month in total including utilities; a typical flat paid €146 per month. Association fees excluding utilities were €1.76/m² per month, of which €0.70/m² to the repair fund. The repair fund held €1 668 at year end. The association had no loans. For comparison, the median of 32 associations in Kesklinna linnaosa, Kesklinna subdistrict was €3.02/m² per month. From 2022 to 2025 association fees changed by +50% in total; the repair fund went from €9 449 (2022) to €1 668 (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.