Pärnu mnt 48a, Tallinn

Pärnu mnt 48a is a 5-story apartment building constructed in 1964, located in Kesklinna linnaosa, comprising 33 apartments. The EHR registry code is 101020762 and cadastral ID is 78401:107:0850. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 2 957 €/m². The valuation range spans 2 676–3 238 €/m². The calculated fair value of a typical 2-room apartment is approximately €131 687.

Based on the 2 957 €/m² benchmark, a 40 sqm apartment is indicatively valued at €118 280 and a 50 sqm apartment at €147 850. Actual value depends on interior condition, floor, parking, and storage.

1-room: €117 284–€141 907; 2-room: €114 990–€139 132; 3-room: €136 202–€164 797.

The model-based indicative asking price is approximately €3 238/m² (for the typical 2-room unit, about €138 271), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €530–€650 per month, generating an estimated gross yield of 4,9–5,9%.

Buying means a loan payment of about €545 a month, renting €530–€650 — the loan payment is 8% below the rent. That is 26% (loan) and 28% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (42.7 m²) at €131,687 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €26,337 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 150 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 31% were in the two best classes and 24% in the two worst (level: high). Estimated road noise at the building is 63 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 €3.34/m² per month in total including utilities; a typical flat paid €126 per month. Association fees excluding utilities were €2.29/m² per month, of which €1.25/m² to the repair fund. The repair fund held €9 510 at year end. The association had no loans. From 2021 to 2025 association fees changed by +74% in total; the repair fund went from €21 (2021) to €9 510 (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.