Mahtra tänav 23, Tallinn

Mahtra tn 23 is a 10-story apartment building constructed in 1983, located in Lasnamäe linnaosa, comprising 73 apartments. The EHR registry code is 101011022 and cadastral ID is 78403:310:0005. Estiq reports energy class C.

The Estiq AVM model estimate is 2 264 €/m². The valuation range spans 2 092–2 436 €/m². The calculated fair value of a typical 3-room apartment is approximately €138 089.

Based on the 2 264 €/m² benchmark, a 40 sqm apartment is indicatively valued at €90 560 and a 50 sqm apartment at €113 200. Actual value depends on interior condition, floor, parking, and storage.

1-room: €82 555–€96 135; 2-room: €106 249–€123 727; 3-room: €129 957–€151 335; 4-room: €127 594–€148 584.

The model-based indicative asking price is approximately €2 238/m² (for the typical 3-room unit, about €144 993), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €930–€1 130 per month, generating an estimated gross yield of 8,5–9,5%.

Buying means a loan payment of about €571 a month, renting €930–€1,130 — the loan payment is 45% below the rent. That is 27% (loan) and 48% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (64.8 m²) at €138,089 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €27,618 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 405 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 61% were in the two best classes and 14% in the two worst (level: elevated). Estimated road noise at the building is 65 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 €2.26/m² per month in total including utilities; a typical flat paid €120 per month. Association fees excluding utilities were €0.91/m² per month, of which €0.54/m² to the repair fund. The association had no loans. For comparison, the median of 51 associations in Mustakivi subdistrict was €2.59/m² per month. From 2021 to 2025 association fees changed by +6.7% in total. 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.