Kalaranna tänav 23, Tallinn

Kalaranna tn 23 is a 4-story apartment building constructed in 2023, located in Põhja-Tallinna linnaosa, comprising 27 apartments. The EHR registry code is 121334250 and cadastral ID is 78401:101:3939. Estiq reports energy class A.

The Estiq AVM model estimate is 5 413 €/m². The valuation range spans 4 899–5 927 €/m². The calculated fair value of a typical 3-room apartment is approximately €330 985.

Based on the 5 413 €/m² benchmark, a 50 sqm apartment is indicatively valued at €270 650 and a 75 sqm apartment at €405 975. Actual value depends on interior condition, floor, parking, and storage.

1-room: €152 777–€184 852; 2-room: €248 367–€300 511; 3-room: €292 018–€353 325; 4-room: €422 775–€511 535.

The model-based indicative asking price is approximately €5 456/m² (for the typical 3-room unit, about €347 534), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €1 400–€1 710 per month, generating an estimated gross yield of 5,1–6,1%.

Buying means a loan payment of about €1,369 a month, renting €1,400–€1,710 — the loan payment is 12% below the rent. That is 64% (loan) and 73% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (63.7 m²) at €330,985 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €66,197 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 8 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 82% were in the two best classes and 3% in the two worst (level: moderate). Estimated road noise at the building is 55 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 2024 annual report, a typical flat paid €146 per month in total, including utilities. Association fees excluding utilities were €1.86/m² per month. The repair fund held €5 348 at year end. The association had no loans. 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.