Pärnu mnt 131b, Tallinn

Pärnu mnt 131b is a 6-story apartment building constructed in 2005, located in Kesklinna linnaosa, comprising 64 apartments. The EHR registry code is 120262779 and cadastral ID is 78401:118:2770. Estiq reports energy class E.

The Estiq AVM model estimate is 3 235 €/m². The valuation range spans 2 928–3 542 €/m². The calculated fair value of a typical 2-room apartment is approximately €190 688.

Based on the 3 235 €/m² benchmark, a 40 sqm apartment is indicatively valued at €129 400 and a 50 sqm apartment at €161 750. Actual value depends on interior condition, floor, parking, and storage.

1-room: €100 413–€121 495; 2-room: €177 838–€215 174; 3-room: €197 225–€238 631.

The model-based indicative asking price is approximately €3 394/m² (for the typical 2-room unit, about €200 222), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €730–€900 per month, generating an estimated gross yield of 4,6–5,6%.

Buying means a loan payment of about €788 a month, renting €730–€900 — about the same. That is 37% (loan) and 38% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (59.0 m²) at €190,688 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €38,138 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 60 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 €2.45/m² per month in total including utilities; a typical flat paid €144 per month. Association fees excluding utilities were €0.79/m² per month, of which €0.32/m² to the repair fund. The repair fund held €11 607 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 +59% in total; the repair fund went from €17 025 (2021) to €11 607 (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.