Lutsu tänav 16, Tartu

Lutsu tn 16 is a 4-story apartment building constructed in 1959, located in Tartu linn, comprising 20 apartments. The EHR registry code is 104031923 and cadastral ID is 79507:006:0004. Estiq reports energy class A.

The Estiq AVM model estimate is 2 593 €/m². The valuation range spans 2 248–2 938 €/m². The calculated fair value of a typical 2-room apartment is approximately €97 238.

Based on the 2 593 €/m² benchmark, a 50 sqm apartment is indicatively valued at €129 650 and a 75 sqm apartment at €194 475. Actual value depends on interior condition, floor, parking, and storage.

1-room: €63 271–€82 682; 2-room: €84 305–€110 170; 3-room: €105 956–€138 464; 4-room: €206 734–€270 161.

The model-based indicative asking price is approximately €2 723/m² (for the typical 2-room unit, about €102 100), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €520–€640 per month, generating an estimated gross yield of 6,7–7,7%.

Buying means a loan payment of about €402 a month, renting €520–€640 — the loan payment is 31% below the rent. That is 20% (loan) and 29% (rent) of the median gross wage (Tartu linn, €2,014, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (37.5 m²) at €97,238 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €19,448 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 4 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 52% were in the two best classes and 24% in the two worst (level: high). Estimated road noise at the building is 65 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, a typical flat paid €119 per month in total, including utilities. Association fees excluding utilities were €1.97/m² per month, of which €0.59/m² to the repair fund. The association had €173 945 of loans outstanding. From 2022 to 2025 association fees changed by +25% in total. 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.