Pargi tee 2, Viimsi

Pargi tee 2 is a 4-story apartment building constructed in 1982, located in Viimsi alevik, comprising 21 apartments. The EHR registry code is 116022015 and cadastral ID is 89001:010:6050. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 3 518 €/m². The valuation range spans 3 184–3 852 €/m². The calculated fair value of a typical 3-room apartment is approximately €209 712.

Based on the 3 518 €/m² benchmark, a 40 sqm apartment is indicatively valued at €140 720 and a 50 sqm apartment at €175 900. Actual value depends on interior condition, floor, parking, and storage.

2-room: €162 373–€196 463; 3-room: €190 095–€230 004; 4-room: €223 568–€270 504.

The model-based indicative asking price is approximately €3 546/m² (for the typical 3-room unit, about €220 198), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €620–€760 per month, generating an estimated gross yield of 3,4–4,4%.

Buying means a loan payment of about €867 a month, renting €620–€760 — the loan payment is 26% above the rent. That is 51% (loan) and 40% (rent) of the median gross wage (Viimsi vald, €1,710, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (62.1 m²) at €209,712 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €41,942 down payment; rent from nearby offers; association and state fees excluded.

Air: of the last 12 months' hourly readings, 83% were in the two best classes and 4% in the two worst (level: moderate). Estimated road noise at the building is 46 dB (Lden). Radon in soil gas: high (50–100 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €4.03/m² per month in total including utilities; a typical flat paid €242 per month. Association fees excluding utilities were €1.20/m² per month, of which €0.89/m² to the repair fund. The repair fund held €4 063 at year end. The association had €70 734 of loans outstanding. For comparison, the median of 24 associations in Viimsi alevik was €3.05/m² per month. From 2022 to 2025 association fees changed by +130% in total; the repair fund went from €6 008 (2022) to €4 063 (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.