Vana-Kalamaja tänav 28b/2, Tallinn

Vana-Kalamaja tn 28b/2 is a 3-story apartment building constructed in 2018, located in Põhja-Tallinna linnaosa, comprising 8 apartments. The EHR registry code is 120794533 and cadastral ID is 78408:801:4330. Estiq reports estimated energy class B.

The Estiq AVM model estimate is 4 807 €/m². The valuation range spans 4 350–5 264 €/m². The calculated fair value of a typical 2-room apartment is approximately €241 311.

Based on the 4 807 €/m² benchmark, a 50 sqm apartment is indicatively valued at €240 350 and a 75 sqm apartment at €360 525. Actual value depends on interior condition, floor, parking, and storage.

2-room: €219 257–€265 289; 4-room: €525 316–€635 603.

The model-based indicative asking price is approximately €5 047/m² (for the typical 2-room unit, about €253 377), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €780–€950 per month, generating an estimated gross yield of 3,8–4,8%.

Buying means a loan payment of about €998 a month, renting €780–€950 — the loan payment is 15% above the rent. That is 47% (loan) and 41% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (50.2 m²) at €241,311 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €48,262 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 210 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 70% were in the two best classes and 5% in the two worst (level: moderate). Estimated road noise at the building is 61 dB (Lden). Radon in soil gas: normal (30–50 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €4.97/m² per month in total including utilities; a typical flat paid €278 per month. Association fees excluding utilities were €2.19/m² per month, of which €0.65/m² to the repair fund. The repair fund held €4 407 at year end. The association had no loans. For comparison, the median of 184 associations in Kalamaja subdistrict was €2.96/m² per month. From 2021 to 2025 association fees changed by +59% in total; the repair fund went from €2 416 (2021) to €4 407 (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.