Paekaare tänav 60, Tallinn

Paekaare tn 60 is a 9-story apartment building constructed in 1978, located in Lasnamäe linnaosa, comprising 180 apartments. The EHR registry code is 101013313 and cadastral ID is 78403:312:0320. Estiq reports energy class E.

The Estiq AVM model estimate is 2 236 €/m². The valuation range spans 2 066–2 406 €/m². The calculated fair value of a typical 3-room apartment is approximately €141 900.

Based on the 2 236 €/m² benchmark, a 40 sqm apartment is indicatively valued at €89 440 and a 50 sqm apartment at €111 800. Actual value depends on interior condition, floor, parking, and storage.

1-room: €81 254–€94 620; 2-room: €106 458–€123 970; 3-room: €130 718–€152 222; 4-room: €131 116–€152 684.

The model-based indicative asking price is approximately €2 258/m² (for the typical 3-room unit, about €148 995), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €650–€790 per month, generating an estimated gross yield of 5,6–6,6%.

Buying means a loan payment of about €587 a month, renting €650–€790 — the loan payment is 19% below the rent. That is 28% (loan) and 34% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (66.0 m²) at €141,900 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €28,380 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 367 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 69% were in the two best classes and 8% in the two worst (level: moderate). Estimated road noise at the building is 57 dB (Lden). Radon in soil gas: high (50–100 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €2.39/m² per month in total including utilities; a typical flat paid €134 per month. Association fees excluding utilities were €1.24/m² per month, of which €0.83/m² to the repair fund. The repair fund held €9 899 at year end. The association had no loans. For comparison, the median of 59 associations in Pae subdistrict was €2.62/m² per month. From 2021 to 2025 association fees changed by +92% in total; the repair fund went from €48 794 (2021) to €9 899 (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.