Paldiski mnt 16, Tallinn

Paldiski mnt 16 is a 9-story apartment building constructed in 1978, located in Põhja-Tallinna linnaosa, comprising 49 apartments. The EHR registry code is 101011992 and cadastral ID is 78408:802:0420. Estiq reports energy class E.

The Estiq AVM model estimate is 2 805 €/m². The valuation range spans 2 539–3 071 €/m². The calculated fair value of a typical 2-room apartment is approximately €131 836.

Based on the 2 805 €/m² benchmark, a 40 sqm apartment is indicatively valued at €112 200 and a 50 sqm apartment at €140 250. Actual value depends on interior condition, floor, parking, and storage.

1-room: €86 308–€104 428; 2-room: €116 977–€141 536; 3-room: €158 169–€191 376; 4-room: €197 208–€238 610.

The model-based indicative asking price is approximately €3 009/m² (for the typical 2-room unit, about €138 428), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €580–€710 per month, generating an estimated gross yield of 5,4–6,4%.

Buying means a loan payment of about €545 a month, renting €580–€710 — the loan payment is 15% below the rent. That is 26% (loan) and 30% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (46.0 m²) at €131,836 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €26,367 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 311 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 45% were in the two best classes and 21% in the two worst (level: high). Estimated road noise at the building is 53 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 €3.40/m² per month in total including utilities; a typical flat paid €151 per month. Association fees excluding utilities were €0.60/m² per month. The repair fund held €56 276 at year end. The association had no loans. 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.