Magasini tänav 29a, Tallinn

Magasini tn 29a is a 3-story apartment building constructed in 1926, located in Kesklinna linnaosa, comprising 26 apartments. The EHR registry code is 101029601 and cadastral ID is 78401:110:0058. Estiq reports energy class E.

The Estiq AVM model estimate is 3 360 €/m². The valuation range spans 3 041–3 679 €/m². The calculated fair value of a typical 1-room apartment is approximately €132 661.

Based on the 3 360 €/m² benchmark, a 50 sqm apartment is indicatively valued at €168 000 and a 75 sqm apartment at €252 000. Actual value depends on interior condition, floor, parking, and storage.

1-room: €172 521–€208 741; 2-room: €262 117–€317 147; 3-room: €363 742–€440 107.

The model-based indicative asking price is approximately €3 902/m² (for the typical 1-room unit, about €139 294), allowing a 3–5% negotiation buffer.

A 1-room apartment in good condition has an estimated market rent of €480–€580 per month, generating an estimated gross yield of 4,3–5,3%.

Buying means a loan payment of about €549 a month, renting €480–€580 — about the same. That is 26% (loan) and 25% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 1-room flat (35.7 m²) at €132,661 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €26,532 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 56 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 66% were in the two best classes and 11% in the two worst (level: elevated). Estimated road noise at the building is 62 dB (Lden). Radon in soil gas: normal (30–50 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.97/m² per month in total including utilities; a typical flat paid €259 per month. Association fees excluding utilities were €2.07/m² per month, of which €1.04/m² to the repair fund. The repair fund held €24 301 at year end. The association had €32 238 of loans outstanding. For comparison, the median of 57 associations in Veerenni subdistrict was €3.14/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.