Kotzebue tänav 20, Tallinn

Kotzebue tn 20 is a 4-story apartment building constructed in 1954, located in Põhja-Tallinna linnaosa, comprising 44 apartments. The EHR registry code is 101020682 and cadastral ID is 78408:801:0003. Estiq reports energy class E.

The Estiq AVM model estimate is 3 802 €/m². The valuation range spans 3 441–4 163 €/m². The calculated fair value of a typical 2-room apartment is approximately €203 787.

Based on the 3 802 €/m² benchmark, a 40 sqm apartment is indicatively valued at €152 080 and a 50 sqm apartment at €190 100. Actual value depends on interior condition, floor, parking, and storage.

2-room: €169 288–€204 829; 3-room: €245 437–€296 965.

The model-based indicative asking price is approximately €3 992/m² (for the typical 2-room unit, about €213 976), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €670–€820 per month, generating an estimated gross yield of 3,9–4,9%.

Buying means a loan payment of about €843 a month, renting €670–€820 — the loan payment is 13% above the rent. That is 40% (loan) and 35% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (53.6 m²) at €203,787 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €40,757 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 210 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 62% were in the two best classes and 9% in the two worst (level: elevated). 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 2025 annual report, owners paid on average €3.78/m² per month in total including utilities; a typical flat paid €159 per month. Association fees excluding utilities were €1.20/m² per month, of which €0.20/m² to the repair fund. The repair fund held €20 717 at year end. The association had €221 261 of loans outstanding. For comparison, the median of 184 associations in Kalamaja subdistrict was €2.97/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.