Nõva tänav 3, Tartu

Nõva tn 3 is a 4-story apartment building constructed in 1990, located in Tartu linn, comprising 31 apartments. The EHR registry code is 104018170 and cadastral ID is 79508:060:0003. Estiq reports energy class B.

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 1-room apartment is approximately €85 775.

Based on the 2 593 €/m² benchmark, a 40 sqm apartment is indicatively valued at €103 720 and a 50 sqm apartment at €129 650. Actual value depends on interior condition, floor, parking, and storage.

1-room: €73 658–€96 257; 2-room: €109 259–€142 780; 3-room: €140 699–€183 866; 4-room: €163 882–€214 162.

The model-based indicative asking price is approximately €2 859/m² (for the typical 1-room unit, about €90 064), allowing a 3–5% negotiation buffer.

A 1-room apartment in good condition has an estimated market rent of €360–€440 per month, generating an estimated gross yield of 5,1–6,1%.

Buying means a loan payment of about €355 a month, renting €360–€440 — the loan payment is 11% below the rent. That is 18% (loan) and 20% (rent) of the median gross wage (Tartu linn, €2,014, Q2 2026, Statistics Estonia). Assumes the typical 1-room flat (31.5 m²) at €85,775 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €17,155 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 287 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 47% were in the two best classes and 24% in the two worst (level: high). Estimated road noise at the building is 50 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.50/m² per month in total including utilities; a typical flat paid €136 per month. Association fees excluding utilities were €1.89/m² per month, of which €0.07/m² to the repair fund. The repair fund held €9 748 at year end. The association had €474 884 of loans outstanding. For comparison, the median of 102 associations in Karlova linnaosa, Ees-Karlova subdistrict was €2.54/m² per month. From 2022 to 2025 association fees changed by +50% in total; the repair fund went from €43 364 (2022) to €9 748 (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.