Riia tänav 3, Tartu

Riia tn 3 is a 4-story apartment building constructed in 1963, located in Tartu linn, comprising 21 apartments. The EHR registry code is 104017292 and cadastral ID is 79507:039:0001. Estiq reports energy class E.

The Estiq AVM model estimate is 2 541 €/m². The valuation range spans 2 203–2 879 €/m². The calculated fair value of a typical 3-room apartment is approximately €168 779.

Based on the 2 541 €/m² benchmark, a 40 sqm apartment is indicatively valued at €101 640 and a 50 sqm apartment at €127 050. Actual value depends on interior condition, floor, parking, and storage.

1-room: €125 142–€163 536; 2-room: €118 524–€154 888; 3-room: €152 464–€199 240; 4-room: €173 117–€226 230.

The model-based indicative asking price is approximately €2 561/m² (for the typical 3-room unit, about €177 218), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €630–€770 per month, generating an estimated gross yield of 4,5–5,5%.

Buying means a loan payment of about €698 a month, renting €630–€770 — about the same. That is 35% (loan) and 35% (rent) of the median gross wage (Tartu linn, €2,014, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (69.2 m²) at €168,779 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €33,756 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 394 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 20% were in the two best classes and 44% in the two worst (level: high). Estimated road noise at the building is 65 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 €2.21/m² per month in total including utilities; a typical flat paid €161 per month. Association fees excluding utilities were €0.66/m² per month, of which €0.16/m² to the repair fund. The repair fund held €37 206 at year end. The association had no loans. For comparison, the median of 59 associations in Kesklinna linnaosa, Riiamäe subdistrict was €2.46/m² per month. From 2022 to 2025 association fees changed by −21% in total; the repair fund went from €20 149 (2022) to €37 206 (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.