Pärnu mnt 104a, Tallinn

Pärnu mnt 104a is a 8-story apartment building constructed in 2014, located in Kesklinna linnaosa, comprising 43 apartments. The EHR registry code is 120648662 and cadastral ID is 78401:118:0015. Estiq reports estimated energy class B.

The Estiq AVM model estimate is 4 032 €/m². The valuation range spans 3 649–4 415 €/m². The calculated fair value of a typical 2-room apartment is approximately €185 866.

Based on the 4 032 €/m² benchmark, a 40 sqm apartment is indicatively valued at €161 280 and a 50 sqm apartment at €201 600. Actual value depends on interior condition, floor, parking, and storage.

1-room: €105 150–€127 225; 2-room: €187 517–€226 886; 3-room: €255 432–€309 059; 4-room: €270 870–€327 738.

The model-based indicative asking price is approximately €4 308/m² (for the typical 2-room unit, about €195 159), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €590–€720 per month, generating an estimated gross yield of 3,7–4,7%.

Buying means a loan payment of about €769 a month, renting €590–€720 — the loan payment is 17% above the rent. That is 36% (loan) and 31% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (45.3 m²) at €185,866 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €37,173 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 91 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 55% were in the two best classes and 17% in the two worst (level: elevated). Estimated road noise at the building is 60 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 €3.06/m² per month in total including utilities; a typical flat paid €180 per month. Association fees excluding utilities were €1.24/m² per month, of which €0.21/m² to the repair fund. The repair fund held €2 299 at year end. The association had no loans. For comparison, the median of 57 associations in Kitseküla subdistrict was €3.36/m² per month. From 2021 to 2025 association fees changed by +68% in total; the repair fund went from €15 898 (2021) to €2 299 (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.