Pärnu mnt 129b, Tallinn

Pärnu mnt 129b is a 5-story apartment building constructed in 2021, located in Kesklinna linnaosa, comprising 26 apartments. The EHR registry code is 121330046 and cadastral ID is 78401:101:5439. Estiq reports energy class A.

The Estiq AVM model estimate is 4 194 €/m². The valuation range spans 3 796–4 592 €/m². The calculated fair value of a typical 2-room apartment is approximately €212 073.

Based on the 4 194 €/m² benchmark, a 50 sqm apartment is indicatively valued at €209 700 and a 75 sqm apartment at €314 550. Actual value depends on interior condition, floor, parking, and storage.

1-room: €131 260–€158 817; 2-room: €190 729–€230 771; 3-room: €268 314–€324 645; 4-room: €333 856–€403 947.

The model-based indicative asking price is approximately €4 629/m² (for the typical 2-room unit, about €222 677), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €750–€920 per month, generating an estimated gross yield of 4,2–5,2%.

Buying means a loan payment of about €877 a month, renting €750–€920 — the loan payment is 5% above the rent. That is 41% (loan) and 39% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (48.1 m²) at €212,073 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €42,415 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, 41% were in the two best classes and 21% in the two worst (level: high). Estimated road noise at the building is 57 dB (Lden). Radon in soil gas: low (10–30 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.70/m² per month in total including utilities; a typical flat paid €159 per month. Association fees excluding utilities were €1.33/m² per month, of which €0.29/m² to the repair fund. The repair fund held €5 447 at year end. The association had no loans. For comparison, the median of 57 associations in Kitseküla subdistrict was €3.36/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.