Pärnu mnt 271, Tallinn

Pärnu mnt 271 is a 4-story apartment building constructed in 2014, located in Nõmme linnaosa, comprising 11 apartments. The EHR registry code is 120639995 and cadastral ID is 78404:401:0227. Estiq reports estimated energy class B.

The Estiq AVM model estimate is 2 741 €/m². The valuation range spans 2 448–3 034 €/m². The calculated fair value of a typical 2-room apartment is approximately €145 821.

Based on the 2 741 €/m² benchmark, a 50 sqm apartment is indicatively valued at €137 050 and a 75 sqm apartment at €205 575. Actual value depends on interior condition, floor, parking, and storage.

2-room: €132 666–€164 458; 3-room: €172 217–€213 487; 4-room: €210 326–€260 729.

The model-based indicative asking price is approximately €2 878/m² (for the typical 2-room unit, about €153 112), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €580–€700 per month, generating an estimated gross yield of 4,8–5,8%.

Buying means a loan payment of about €603 a month, renting €580–€700 — the loan payment is 6% below the rent. That is 28% (loan) and 30% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (53.2 m²) at €145,821 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €29,164 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, 77% were in the two best classes and 6% in the two worst (level: moderate). Estimated road noise at the building is 45 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €2.99/m² per month in total including utilities; a typical flat paid €193 per month. Association fees excluding utilities were €1.58/m² per month, of which €0.46/m² to the repair fund. The repair fund held €2 390 at year end. The association had no loans. For comparison, the median of 25 associations in Nõmme subdistrict was €2.77/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.