Paekalda tänav 24a, Tallinn

Paekalda tn 24a is a 5-story apartment building constructed in 2020, located in Lasnamäe linnaosa, comprising 48 apartments. The EHR registry code is 120311032 and cadastral ID is 78403:304:0021. Estiq reports energy class B.

The Estiq AVM model estimate is 3 788 €/m². The valuation range spans 3 500–4 076 €/m². The calculated fair value of a typical 2-room apartment is approximately €165 946.

Based on the 3 788 €/m² benchmark, a 50 sqm apartment is indicatively valued at €189 400 and a 75 sqm apartment at €284 100. Actual value depends on interior condition, floor, parking, and storage.

1-room: €120 531–€140 358; 2-room: €174 610–€203 334; 3-room: €253 400–€295 085; 4-room: €304 246–€354 295.

The model-based indicative asking price is approximately €4 168/m² (for the typical 2-room unit, about €174 243), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €550–€670 per month, generating an estimated gross yield of 3,9–4,9%.

Buying means a loan payment of about €686 a month, renting €550–€670 — the loan payment is 12% above the rent. That is 32% (loan) and 29% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (41.8 m²) at €165,946 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €33,189 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 10 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: moderate). Air: of the last 12 months' hourly readings, 85% were in the two best classes and 3% in the two worst (level: moderate). Estimated road noise at the building is 57 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 2025 annual report, owners paid on average €2.18/m² per month in total including utilities; a typical flat paid €116 per month. Association fees excluding utilities were €0.73/m² per month, of which €0.02/m² to the repair fund. The repair fund held €10 812 at year end. The association had no loans. For comparison, the median of 537 associations in Lasnamäe district was €2.70/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.