Majaka tänav 29, Tallinn

Majaka tn 29 is a 3-story apartment building constructed in 1950, located in Lasnamäe linnaosa, comprising 12 apartments. The EHR registry code is 101010945 and cadastral ID is 78403:301:1490. Estiq reports energy class E.

The Estiq AVM model estimate is 2 632 €/m². The valuation range spans 2 432–2 832 €/m². The calculated fair value of a typical 2-room apartment is approximately €134 524.

Based on the 2 632 €/m² benchmark, a 40 sqm apartment is indicatively valued at €105 280 and a 50 sqm apartment at €131 600. Actual value depends on interior condition, floor, parking, and storage.

2-room: €125 825–€146 524; 3-room: €142 302–€165 711.

The model-based indicative asking price is approximately €2 889/m² (for the typical 2-room unit, about €141 250), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €560–€680 per month, generating an estimated gross yield of 5,0–6,0%.

Buying means a loan payment of about €556 a month, renting €560–€680 — the loan payment is 10% below the rent. That is 26% (loan) and 29% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (48.9 m²) at €134,524 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €26,905 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 78 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 60% were in the two best classes and 12% in the two worst (level: elevated). Estimated road noise at the building is 55 dB (Lden). Radon in soil gas: low (< 10 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.02/m² per month in total including utilities; a typical flat paid €155 per month. Association fees excluding utilities were €0.59/m² per month. The repair fund held €42 908 at year end. The association had no loans. For comparison, the median of 136 associations in Sikupilli subdistrict was €3.07/m² per month. From 2021 to 2025 association fees changed by +32% in total; the repair fund went from €26 752 (2021) to €42 908 (2025). 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.