Majaka tänav 5, Tallinn

Majaka tn 5 is a 4-story apartment building constructed in 1962, located in Lasnamäe linnaosa, comprising 32 apartments. The EHR registry code is 101010830 and cadastral ID is 78403:301:0019. Estiq reports energy class D.

The Estiq AVM model estimate is 2 663 €/m². The valuation range spans 2 461–2 865 €/m². The calculated fair value of a typical 2-room apartment is approximately €117 829.

Based on the 2 663 €/m² benchmark, a 40 sqm apartment is indicatively valued at €106 520 and a 50 sqm apartment at €133 150. Actual value depends on interior condition, floor, parking, and storage.

2-room: €109 700–€127 746; 3-room: €125 232–€145 833.

The model-based indicative asking price is approximately €3 132/m² (for the typical 2-room unit, about €123 720), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €450–€550 per month, generating an estimated gross yield of 4,6–5,6%.

Buying means a loan payment of about €487 a month, renting €450–€550 — about the same. That is 23% (loan) and 24% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (39.5 m²) at €117,829 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €23,566 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 422 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 64% were in the two best classes and 8% in the two worst (level: elevated). Estimated road noise at the building is 60 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 2024 annual report, owners paid on average €3.32/m² per month in total including utilities; a typical flat paid €138 per month. Association fees excluding utilities were €2.73/m² per month, of which €1.82/m² to the repair fund. The repair fund held €5 220 at year end. The association had €55 039 of loans outstanding. For comparison, the median of 141 associations in Sikupilli subdistrict was €3.02/m² per month. From 2021 to 2024 association fees changed by +130% in total; the repair fund went from €11 077 (2022) to €5 220 (2024). 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.