Pärnu mnt 129c/2, Tallinn

Pärnu mnt 129c/2 is a 7-story apartment building constructed in 2008, located in Kesklinna linnaosa, comprising 60 apartments. The EHR registry code is 120537074 and cadastral ID is 78401:118:0065. Estiq reports energy class E.

The Estiq AVM model estimate is 3 328 €/m². The valuation range spans 3 012–3 644 €/m². The calculated fair value of a typical 3-room apartment is approximately €211 189.

Based on the 3 328 €/m² benchmark, a 50 sqm apartment is indicatively valued at €166 400 and a 75 sqm apartment at €249 600. Actual value depends on interior condition, floor, parking, and storage.

2-room: €159 025–€192 412; 3-room: €193 729–€234 401; 4-room: €264 972–€320 602.

The model-based indicative asking price is approximately €3 355/m² (for the typical 3-room unit, about €221 748), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €1 030–€1 260 per month, generating an estimated gross yield of 6,0–7,0%.

Buying means a loan payment of about €873 a month, renting €1,030–€1,260 — the loan payment is 24% below the rent. That is 41% (loan) and 54% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (66.1 m²) at €211,189 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €42,238 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 55 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, a typical flat paid €210 per month in total, including utilities. Association fees excluding utilities were €1.93/m² per month, of which €0.90/m² to the repair fund. The repair fund held €49 052 at year end. The association had no loans. From 2021 to 2025 association fees changed by +65% in total; the repair fund went from €4 978 (2021) to €49 052 (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.