Veetorni tänav 2, Pärnu

Veetorni tn 2 is a 5-story apartment building constructed in 2003, located in Pärnu linn, comprising 22 apartments. The EHR registry code is 120193177 and cadastral ID is 62511:083:3751. 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 €110 264.

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: €91 438–€123 205; 3-room: €130 982–€176 487; 4-room: €160 621–€216 424.

The model-based indicative asking price is approximately €2 060/m² (for the typical 2-room unit, about €115 777), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €390–€470 per month, generating an estimated gross yield of 4,2–5,2%.

Buying means a loan payment of about €456 a month, renting €390–€470 — the loan payment is 6% above the rent. That is 29% (loan) and 28% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (56.2 m²) at €110,264 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €22,053 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 28 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 56% were in the two best classes and 17% in the two worst (level: elevated). Estimated road noise at the building is 58 dB (Lden). Radon in soil gas: high (100–150 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €2.82/m² per month in total including utilities; a typical flat paid €172 per month. Association fees excluding utilities were €0.95/m² per month, of which €0.22/m² to the repair fund. The repair fund held €9 336 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 −5.3% in total; the repair fund went from €385 (2022) to €9 336 (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.