Tiiru tänav 5, Pärnu

Tiiru tn 5 is a 7-story apartment building constructed in 2019, located in Pärnu linn, comprising 37 apartments. The EHR registry code is 120817263 and cadastral ID is 62512:049:0023. 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 2-room apartment is approximately €97 904.

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: €52 654–€70 946; 2-room: €80 071–€107 889; 3-room: €108 188–€145 775; 4-room: €170 728–€230 042.

The model-based indicative asking price is approximately €2 060/m² (for the typical 2-room unit, about €102 799), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €530–€650 per month, generating an estimated gross yield of 6,7–7,7%.

Buying means a loan payment of about €405 a month, renting €530–€650 — the loan payment is 31% below the rent. That is 26% (loan) and 38% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (49.9 m²) at €97,904 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €19,581 down payment; rent from nearby offers; association and state fees excluded.

Air: of the last 12 months' hourly readings, 30% were in the two best classes and 52% 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, a typical flat paid €111 per month in total, including utilities. Association fees excluding utilities were €0.83/m² per month, of which €0.14/m² to the repair fund. The repair fund held €3 681 at year end. The association had no loans. From 2022 to 2025 association fees changed by +26% in total; the repair fund went from €136 (2022) to €3 681 (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.