Retke tee 28, Tallinn

Retke tee 28 is a 5-story apartment building constructed in 1971, located in Mustamäe linnaosa, comprising 119 apartments. The EHR registry code is 101031163 and cadastral ID is 78405:501:2600. Estiq reports energy class E.

The Estiq AVM model estimate is 2 600 €/m². The valuation range spans 2 449–2 751 €/m². The calculated fair value of a typical 2-room apartment is approximately €116 686.

Based on the 2 600 €/m² benchmark, a 40 sqm apartment is indicatively valued at €104 000 and a 50 sqm apartment at €130 000. Actual value depends on interior condition, floor, parking, and storage.

1-room: €90 884–€102 076; 2-room: €110 670–€124 298; 3-room: €132 333–€148 629; 4-room: €135 696–€152 405.

The model-based indicative asking price is approximately €2 791/m² (for the typical 2-room unit, about €122 520), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €500–€610 per month, generating an estimated gross yield of 5,2–6,2%.

Buying means a loan payment of about €482 a month, renting €500–€610 — the loan payment is 13% below the rent. That is 23% (loan) and 26% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (43.9 m²) at €116,686 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €23,337 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, 57% were in the two best classes and 16% 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 €2.68/m² per month in total including utilities; a typical flat paid €124 per month. Association fees excluding utilities were €0.68/m² per month, of which €0.23/m² to the repair fund. The repair fund held €104 115 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 +82% in total; the repair fund went from €112 098 (2022) to €104 115 (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.