Retke tee 22, Tallinn

Retke tee 22 is a 5-story apartment building constructed in 1970, located in Mustamäe linnaosa, comprising 70 apartments. The EHR registry code is 101012658 and cadastral ID is 78405:501:0041. Estiq reports energy class C.

The Estiq AVM model estimate is 2 358 €/m². The valuation range spans 2 221–2 495 €/m². The calculated fair value of a typical 3-room apartment is approximately €138 043.

Based on the 2 358 €/m² benchmark, a 40 sqm apartment is indicatively valued at €94 320 and a 50 sqm apartment at €117 900. Actual value depends on interior condition, floor, parking, and storage.

2-room: €103 572–€116 326; 3-room: €131 742–€147 965; 4-room: €159 241–€178 851.

The model-based indicative asking price is approximately €2 376/m² (for the typical 3-room unit, about €144 945), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €570–€700 per month, generating an estimated gross yield of 5,0–6,0%.

Buying means a loan payment of about €571 a month, renting €570–€700 — the loan payment is 10% below the rent. That is 27% (loan) and 30% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (61.0 m²) at €138,043 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €27,609 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 304 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 51% were in the two best classes and 18% in the two worst (level: elevated). Estimated road noise at the building is 54 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 €2.89/m² per month in total including utilities; a typical flat paid €185 per month. Association fees excluding utilities were €0.85/m² per month, of which €0.27/m² to the repair fund. The repair fund held €218 141 at year end. The association had no loans. For comparison, the median of 241 associations in Mustamäe subdistrict was €2.93/m² per month. From 2021 to 2025 association fees changed by +28% in total; the repair fund went from €151 338 (2021) to €218 141 (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.