Majaka tänav 38, Tallinn

Majaka tn 38 is a 2-story apartment building constructed in 1950, located in Lasnamäe linnaosa, comprising 9 apartments. The EHR registry code is 101012680 and cadastral ID is 78403:301:1680. Estiq reports estimated 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 €140 132.

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.

1-room: €107 033–€124 640; 2-room: €130 948–€152 489; 3-room: €152 968–€178 131.

The model-based indicative asking price is approximately €2 776/m² (for the typical 2-room unit, about €147 139), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €610–€750 per month, generating an estimated gross yield of 5,3–6,3%.

Buying means a loan payment of about €579 a month, renting €610–€750 — the loan payment is 15% below the rent. That is 27% (loan) and 32% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (53.0 m²) at €140,132 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €28,026 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 61 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, a typical flat paid €245 per month in total, including utilities. Association fees excluding utilities were €2.06/m² per month, of which €0.30/m² to the repair fund. The repair fund held €360 at year end. The association had €42 468 of loans outstanding. From 2021 to 2025 association fees changed by +414% in total; the repair fund went from €3 645 (2021) to €360 (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.