Pärnu mnt 122, Tallinn

Pärnu mnt 122 is a 6-story apartment building constructed in 1961, located in Kesklinna linnaosa, comprising 26 apartments. The EHR registry code is 101028724 and cadastral ID is 78401:101:2805. Estiq reports energy class E.

The Estiq AVM model estimate is 2 996 €/m². The valuation range spans 2 711–3 281 €/m². The calculated fair value of a typical 2-room apartment is approximately €127 761.

Based on the 2 996 €/m² benchmark, a 50 sqm apartment is indicatively valued at €149 800 and a 75 sqm apartment at €224 700. Actual value depends on interior condition, floor, parking, and storage.

1-room: €112 932–€136 641; 2-room: €116 539–€141 006; 3-room: €147 628–€178 622; 4-room: €199 719–€241 649.

The model-based indicative asking price is approximately €3 540/m² (for the typical 2-room unit, about €134 149), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €490–€590 per month, generating an estimated gross yield of 4,6–5,6%.

Buying means a loan payment of about €528 a month, renting €490–€590 — about the same. That is 25% (loan) and 25% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (37.9 m²) at €127,761 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €25,552 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 38 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: moderate). Air: of the last 12 months' hourly readings, 51% were in the two best classes and 19% in the two worst (level: elevated). 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 €2.20/m² per month in total including utilities; a typical flat paid €101 per month. Association fees excluding utilities were €1.05/m² per month, of which €0.04/m² to the repair fund. The repair fund held €9 260 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 −8.6% in total; the repair fund went from €7 707 (2021) to €9 260 (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.