Pargi tee 4, Viimsi

Pargi tee 4 is a 2-story apartment building constructed in 1978, located in Viimsi alevik, comprising 15 apartments. The EHR registry code is 116034257 and cadastral ID is 89001:010:6060. Estiq reports energy class B.

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 1-room apartment is approximately €76 835.

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.

1-room: €69 536–€84 135; 2-room: €124 486–€150 621; 3-room: €230 742–€279 185.

The model-based indicative asking price is approximately €3 879/m² (for the typical 1-room unit, about €80 677), allowing a 3–5% negotiation buffer.

A 1-room apartment in good condition has an estimated market rent of €370–€450 per month, generating an estimated gross yield of 5,8–6,8%.

Buying means a loan payment of about €318 a month, renting €370–€450 — the loan payment is 23% below the rent. That is 19% (loan) and 24% (rent) of the median gross wage (Viimsi vald, €1,710, Q2 2026, Statistics Estonia). Assumes the typical 1-room flat (20.8 m²) at €76,835 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €15,367 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 25 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 80% 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 €5.12/m² per month in total including utilities; a typical flat paid €149 per month. Association fees excluding utilities were €2.32/m² per month, of which €1.56/m² to the repair fund. The repair fund held €27 302 at year end. The association had no loans. 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 €22 972 (2022) to €27 302 (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.