Alvari tänav 33, Tallinn

Alvari tn 33 is a 6-story apartment building constructed in 1994, located in Lasnamäe linnaosa, comprising 25 apartments. The EHR registry code is 101012477 and cadastral ID is 78403:305:0150. Estiq reports energy class D.

The Estiq AVM model estimate is 2 227 €/m². The valuation range spans 2 058–2 396 €/m². The calculated fair value of a typical 3-room apartment is approximately €163 861.

Based on the 2 227 €/m² benchmark, a 40 sqm apartment is indicatively valued at €89 080 and a 50 sqm apartment at €111 350. Actual value depends on interior condition, floor, parking, and storage.

2-room: €143 555–€167 170; 3-room: €154 629–€180 066; 4-room: €168 521–€196 243.

The model-based indicative asking price is approximately €2 288/m² (for the typical 3-room unit, about €172 054), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €910–€1 120 per month, generating an estimated gross yield of 6,9–7,9%.

Buying means a loan payment of about €678 a month, renting €910–€1,120 — the loan payment is 33% below the rent. That is 32% (loan) and 48% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (75.2 m²) at €163,861 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €32,772 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 122 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 80% were in the two best classes and 6% in the two worst (level: moderate). 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 €3.13/m² per month in total including utilities; a typical flat paid €207 per month. Association fees excluding utilities were €2.07/m² per month, of which €1.05/m² to the repair fund. The repair fund held €37 498 at year end. The association had no loans. For comparison, the median of 537 associations in Lasnamäe district was €2.70/m² per month. 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.