Narva mnt 2, Tallinn

Narva mnt 2 is a 7-story apartment building constructed in 1948, located in Kesklinna linnaosa, comprising 68 apartments. The EHR registry code is 101016339 and cadastral ID is 78401:103:0490. Estiq reports energy class D.

The Estiq AVM model estimate is 3 690 €/m². The valuation range spans 3 339–4 041 €/m². The calculated fair value of a typical 2-room apartment is approximately €242 736.

Based on the 3 690 €/m² benchmark, a 40 sqm apartment is indicatively valued at €147 600 and a 50 sqm apartment at €184 500. Actual value depends on interior condition, floor, parking, and storage.

2-room: €222 844–€269 630; 3-room: €268 817–€325 254.

The model-based indicative asking price is approximately €4 085/m² (for the typical 2-room unit, about €254 873), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €1 000–€1 230 per month, generating an estimated gross yield of 5,0–6,0%.

Buying means a loan payment of about €1,004 a month, renting €1,000–€1,230 — the loan payment is 10% below the rent. That is 47% (loan) and 52% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (62.4 m²) at €242,736 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €48,547 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 1524 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 33% were in the two best classes and 20% in the two worst (level: high). Estimated road noise at the building is 64 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 2025 annual report, owners paid on average €3.17/m² per month in total including utilities; a typical flat paid €173 per month. Association fees excluding utilities were €0.92/m² per month, of which €0.24/m² to the repair fund. The repair fund held €42 239 at year end. The association had €183 974 of loans outstanding. For comparison, the median of 21 associations in Kompassi subdistrict was €3.74/m² per month. 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.