Ranniku tee 48b, Tallinn

Ranniku tee 48b is a 3-story apartment building constructed in 1981, located in Pirita linnaosa, comprising 19 apartments. The EHR registry code is 101014238 and cadastral ID is 78402:204:9700. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 2 644 €/m². The valuation range spans 2 351–2 937 €/m². The calculated fair value of a typical 3-room apartment is approximately €174 958.

Based on the 2 644 €/m² benchmark, a 40 sqm apartment is indicatively valued at €105 760 and a 50 sqm apartment at €132 200. Actual value depends on interior condition, floor, parking, and storage.

1-room: €112 092–€140 083; 2-room: €121 631–€152 005; 3-room: €150 112–€187 598; 4-room: €178 145–€222 632.

The model-based indicative asking price is approximately €2 670/m² (for the typical 3-room unit, about €183 706), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €780–€960 per month, generating an estimated gross yield of 5,5–6,5%.

Buying means a loan payment of about €723 a month, renting €780–€960 — the loan payment is 17% below the rent. That is 34% (loan) and 41% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (68.8 m²) at €174,958 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €34,992 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 7 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 78% were in the two best classes and 6% in the two worst (level: moderate). Estimated road noise at the building is 46 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 the association €13 per month, plus utilities. Association fees excluding utilities were €1.34/m² per month. The repair fund held €9 137 at year end. The association had no loans. 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.