Merekalju tänav 1, Tallinn

Merekalju tn 1 is a 3-story apartment building constructed in 2026, located in Haabersti linnaosa, comprising 6 apartments. The EHR registry code is 120826755 and cadastral ID is 78406:609:0062. Estiq reports energy class C.

The Estiq AVM model estimate is 5 120 €/m². The valuation range spans 4 634–5 606 €/m². The calculated fair value of a typical 4-room apartment is approximately €512 742.

Based on the 5 120 €/m² benchmark, a 50 sqm apartment is indicatively valued at €256 000 and a 75 sqm apartment at €384 000. Actual value depends on interior condition, floor, parking, and storage.

3-room: €399 697–€483 611; 4-room: €450 876–€545 535.

The model-based indicative asking price is approximately €4 625/m² (for the typical 4-room unit, about €538 379), allowing a 3–5% negotiation buffer.

A 4-room apartment in good condition has an estimated market rent of €2 080–€2 540 per month, generating an estimated gross yield of 4,9–5,9%.

Buying means a loan payment of about €2,120 a month, renting €2,080–€2,540 — the loan payment is 8% below the rent. That is 100% (loan) and 109% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 4-room flat (116.4 m²) at €512,742 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €102,548 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 5 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 84% were in the two best classes and 6% in the two worst (level: moderate). Estimated road noise at the building is 55 dB (Lden). Radon in soil gas: low (10–30 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2024 annual report, owners paid on average €3.25/m² per month in total including utilities; a typical flat paid €353 per month. Association fees excluding utilities were €1.08/m² per month. The repair fund held €32 292 at year end. The association had no loans. For comparison, the median of 319 associations in Haabersti district was €2.71/m² per month. From 2021 to 2024 association fees changed by +129% in total; the repair fund went from €6 998 (2021) to €32 292 (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.