Pärnu mnt 62a, Tallinn

Pärnu mnt 62a is a 6-story apartment building constructed in 1940, located in Kesklinna linnaosa, comprising 47 apartments. The EHR registry code is 101011290 and cadastral ID is 78401:109:1090. Estiq reports energy class E.

The Estiq AVM model estimate is 3 335 €/m². The valuation range spans 3 018–3 652 €/m². The calculated fair value of a typical 3-room apartment is approximately €238 771.

Based on the 3 335 €/m² benchmark, a 50 sqm apartment is indicatively valued at €166 750 and a 75 sqm apartment at €250 125. Actual value depends on interior condition, floor, parking, and storage.

1-room: €168 460–€203 828; 2-room: €173 022–€209 346; 3-room: €214 041–€258 978; 4-room: €247 483–€299 441.

The model-based indicative asking price is approximately €3 393/m² (for the typical 3-room unit, about €250 710), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €770–€940 per month, generating an estimated gross yield of 3,8–4,8%.

Buying means a loan payment of about €987 a month, renting €770–€940 — the loan payment is 15% above the rent. That is 46% (loan) and 40% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (73.9 m²) at €238,771 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €47,754 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 138 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 60 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 2024 annual report, owners paid on average €2.33/m² per month in total including utilities; a typical flat paid €166 per month. Association fees excluding utilities were €0.53/m² per month. The repair fund held €100 407 at year end. The association had no loans. For comparison, the median of 114 associations in Uue Maailma subdistrict was €3.24/m² per month. From 2021 to 2024 association fees changed by −4.1% in total; the repair fund went from €86 220 (2021) to €100 407 (2024). 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.