Vana-Lõuna tänav 39, Tallinn

Vana-Lõuna tn 39 is a 5-story apartment building constructed in 1940, located in Kesklinna linnaosa, comprising 156 apartments. The EHR registry code is 101018101 and cadastral ID is 78401:110:0014. Estiq reports energy class C.

The Estiq AVM model estimate is 3 442 €/m². The valuation range spans 3 115–3 769 €/m². The calculated fair value of a typical 2-room apartment is approximately €209 123.

Based on the 3 442 €/m² benchmark, a 50 sqm apartment is indicatively valued at €172 100 and a 75 sqm apartment at €258 150. Actual value depends on interior condition, floor, parking, and storage.

1-room: €124 794–€150 994; 2-room: €201 355–€243 628; 3-room: €239 727–€290 057; 4-room: €337 725–€408 629.

The model-based indicative asking price is approximately €3 342/m² (for the typical 2-room unit, about €219 579), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €810–€990 per month, generating an estimated gross yield of 4,7–5,7%.

Buying means a loan payment of about €865 a month, renting €810–€990 — about the same. That is 41% (loan) and 42% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (65.7 m²) at €209,123 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €41,825 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, 54% were in the two best classes and 18% in the two worst (level: elevated). Estimated road noise at the building is 50 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 €2.81/m² per month in total including utilities; a typical flat paid €130 per month. Association fees excluding utilities were €1.61/m² per month, of which €0.97/m² to the repair fund. The repair fund held €8 608 at year end. The association had no loans. For comparison, the median of 57 associations in Veerenni subdistrict was €3.14/m² per month. 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.