Merirahu tänav 4, Tallinn

Merirahu tn 4 is a 4-story apartment building constructed in 2007, located in Haabersti linnaosa, comprising 54 apartments. The EHR registry code is 120303869 and cadastral ID is 78406:609:0034. Estiq reports energy class D.

The Estiq AVM model estimate is 3 825 €/m². The valuation range spans 3 462–4 188 €/m². The calculated fair value of a typical 2-room apartment is approximately €194 693.

Based on the 3 825 €/m² benchmark, a 50 sqm apartment is indicatively valued at €191 250 and a 75 sqm apartment at €286 875. Actual value depends on interior condition, floor, parking, and storage.

1-room: €132 227–€159 988; 2-room: €168 927–€204 393; 3-room: €248 646–€300 848; 4-room: €291 339–€352 504.

The model-based indicative asking price is approximately €4 016/m² (for the typical 2-room unit, about €204 428), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €530–€650 per month, generating an estimated gross yield of 3,1–4,1%.

Buying means a loan payment of about €805 a month, renting €530–€650 — the loan payment is 36% above the rent. That is 38% (loan) and 28% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (50.9 m²) at €194,693 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €38,939 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 45 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 €3.46/m² per month in total including utilities; a typical flat paid €188 per month. Association fees excluding utilities were €1.13/m² per month, of which €0.42/m² to the repair fund. 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 +43% in total; the repair fund went from €4 239 (2021) to €3 362 (2022). 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.