Ringi tänav 60, Pärnu

Ringi tn 60 is a 6-story apartment building constructed in 2019, located in Pärnu linn, comprising 48 apartments. The EHR registry code is 120651646 and cadastral ID is 62510:009:0009. Estiq reports energy class A.

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 €97 511.

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.

2-room: €79 402–€106 988; 3-room: €127 129–€171 296; 4-room: €166 841–€224 804.

The model-based indicative asking price is approximately €2 060/m² (for the typical 2-room unit, about €102 387), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €540–€660 per month, generating an estimated gross yield of 6,9–7,9%.

Buying means a loan payment of about €403 a month, renting €540–€660 — the loan payment is 33% below the rent. That is 26% (loan) and 39% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (49.7 m²) at €97,511 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €19,502 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 2 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 80% were in the two best classes and 4% in the two worst (level: moderate). Estimated road noise at the building is 58 dB (Lden). Radon in soil gas: low (10–30 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.56/m² per month in total including utilities; a typical flat paid €162 per month. Association fees excluding utilities were €0.13/m² per month, of which €0.13/m² to the repair fund. The repair fund held €2 628 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 −57% in total; the repair fund went from €1 735 (2024) to €2 628 (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.