Kotzebue tänav 5, Tallinn

Kotzebue tn 5 is a 4-story apartment building constructed in 1885, located in Põhja-Tallinna linnaosa, comprising 48 apartments. The EHR registry code is 101020603 and cadastral ID is 78408:801:3830. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 3 824 €/m². The valuation range spans 3 461–4 187 €/m². The calculated fair value of a typical 3-room apartment is approximately €307 390.

Based on the 3 824 €/m² benchmark, a 40 sqm apartment is indicatively valued at €152 960 and a 50 sqm apartment at €191 200. Actual value depends on interior condition, floor, parking, and storage.

1-room: €146 500–€177 257; 2-room: €186 879–€226 113; 3-room: €277 839–€336 170; 4-room: €278 188–€336 592.

The model-based indicative asking price is approximately €4 045/m² (for the typical 3-room unit, about €322 760), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €1 290–€1 580 per month, generating an estimated gross yield of 5,1–6,1%.

Buying means a loan payment of about €1,271 a month, renting €1,290–€1,580 — the loan payment is 11% below the rent. That is 60% (loan) and 67% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (79.8 m²) at €307,390 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €61,478 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, 56% were in the two best classes and 11% in the two worst (level: elevated). Estimated road noise at the building is 61 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 €2.98/m² per month in total including utilities; a typical flat paid €195 per month. Association fees excluding utilities were €1.86/m² per month, of which €1.27/m² to the repair fund. The repair fund held €43 523 at year end. The association had no loans. 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.