Tallinn, Narva mnt 10 korteriühistu
Association of 30 flats. Repair fund has shrunk; new loan taken in 2025; sharp rise in association fees: +1 868% (2025).
Narva mnt 10 korteriühistu is a 30-flat apartment association in Kesklinn district, Tallinn. Per its 2025 annual report, a typical flat paid the association €335 a month.
The repair fund held €32 710 at year end (€14/m², ≈ €1 090 per flat); in 2022 it was €113 620 — within the usual local range. The association has a loan of €1 031 589 (≈ €34 386 per flat), last repayment 2049. Member fees rose 1 501% in 2022–2025 (€56 758 → €908 505 a year).
There are 25 associations with reports on the same street and within 500 m; their median is €3.18/m² a month in costs and €8/m² of repair fund. Source: the association's annual reports (e-Business Register), floor area from the Building Register.
Building: Narva mnt 10, Tallinn. Data: the association's annual reports 2022–2025 (e-Business Register), the latest for 2025.
All figures: the association's 2025 annual report; €/m² = per m² of flats (2 349 m², Building Register); "a month" = yearly amount ÷ 12.
What an owner pays the association each month in total, usually including heating, water and electricity.
The association's own charges without utilities: upkeep, management, repair fund, loan.
Money saved for future repairs. A bigger balance means less risk of a sudden extra charge.
The association's joint loan (usually for renovation). Repayments are part of the monthly fees.
! Worth watching
- Repair fund has shrunk€113 620 (2022) → €32 710 (2025), repairs in the period €998 527
- New loan taken in 2025outstanding €1 031 589 — usually for renovation; repayments are part of the fees
- Sharp rise in association fees: +1 868% (2025)€46 165 (2024) → €908 505 (2025)
- Small reserve capital€13 855 — less than one month of costs (€75 436)
Location and neighbouring associations
Associations on the same street and within 500 m, each by its latest report. The large dot on the map is this association. All associations and rankings in the area →
Compared with 25 neighbouring associations (median): total costs €3.18 · fees €1.30 · repair fund €8/m² (here €14)
On the same street: Narva mnt
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Narva mnt 10 (this one) | – | 30 | – | – | €14 | €1 031 589 | 2025 |
| Narva mnt 2 | 290 m | 68 | €3.17 | €0.92 | €9 | €183 974 | 2025 |
| Narva mnt 7 | 220 m | 56 | €1.90 | €1.13 | €5 | no | 2025 |
| Narva mnt 7d | 210 m | 26 | – | – | – | no | 2025 |
| Narva mnt 9 | 100 m | 28 | – | €1.82 | €25 | no | 2025 |
| Narva mnt 9j | 120 m | 97 | – | – | – | no | 2025 |
| Narva mnt 12 | 40 m | 20 | €3.79 | €1.26 | €37 | €4 842 | 2025 |
| Narva mnt 13 | 160 m | 65 | – | – | – | no | 2025 |
| Narva mnt 14 | 100 m | 47 | €3.95 | €1.93 | €24 | no | 2025 |
| Narva mnt 15 | 250 m | 15 | €3.18 | €1.20 | €15 | €7 559 | 2025 |
| Narva mnt 16 | 140 m | 36 | €2.96 | €0.53 | – | no | 2025 |
| Narva mnt 17 | 270 m | 10 | €3.51 | €1.47 | €15 | no | 2025 |
| Narva mnt 18 | 190 m | 12 | – | – | – | €31 654 | 2025 |
| Narva mnt 19 | 320 m | 107 | €3.90 | €1.76 | €6 | €393 948 | 2025 |
| Narva mnt 20 | 210 m | 19 | €2.06 | €1.23 | €7 | €130 420 | 2025 |
| Narva mnt 22 | 230 m | 12 | €5.87 | €1.47 | – | no | 2025 |
| Neighbours' median | €3.34 | €1.26 | €15 |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Narva mnt 10 (this one) | – | 30 | – | – | €14 | €1 031 589 | 2025 |
| Pronksi tn 6a | 40 m | 29 | – | €1.30 | €10 | no | 2025 |
| Pronksi tn 4 | 50 m | 38 | €4.02 | €2.59 | €3 | no | 2025 |
| V. Reimani tn 3 | 60 m | 37 | €3.92 | €1.45 | €2 | €200 890 | 2025 |
| V. Reimani tn 2 | 70 m | 39 | €3.94 | €2.32 | €3 | €145 555 | 2025 |
| Pronksi tn 3 | 90 m | 24 | – | – | – | no | 2025 |
| Pronksi tn 5 | 90 m | 19 | €2.60 | €0.51 | €3 | €5 768 | 2025 |
| V. Reimani tn 4 | 100 m | 15 | €2.44 | €1.02 | €32 | no | 2025 |
| Jõe tn 3 | 100 m | 7 | – | – | – | no | 2025 |
| Maneeži tn 1 | 100 m | 48 | €2.92 | €1.94 | €2 | no | 2025 |
| V. Reimani tn 5 | 130 m | 32 | €2.22 | €0.65 | – | €15 414 | 2025 |
| Neighbours' median | €2.92 | €1.38 | €3 |
What owners pay for
Fees by type in 2025, as written in the report. "Average flat" = amount ÷ 30 flats ÷ 12; a bigger flat pays more.
| Fee | What it covers | Per year | €/m²/month | Average flat / month | Year before |
|---|---|---|---|---|---|
| Hooldustasudday-to-day upkeep and small fixes | day-to-day upkeep and small fixes | €15 274 | €0.54 | €42 | €13 148 |
| Tulud viivistest | €1 467 | €0.05 | €4 | €284 | |
| Remonditasudsaved in the repair fund for future works | saved in the repair fund for future works | €890 719 | €31.60 | €2 474 | €31 792 |
| Kindlustusbuilding insurance | building insurance | €1 045 | €0.04 | €3 | €941 |
| Total | €908 505 | €32.23 | €2 524 |
Fee names as written in the report.
Association fees per year
All flats together, excluding utilities.
Repair fund and works
The repair fund is the association's savings for the roof, pipes, façade and so on. When it grows, more is saved than spent; when it shrinks, the money has gone into repairs.
Repair fund balance
Saved and not yet spent, at year end.
Money in and out
When the collected bar is taller the fund grew; when spending is taller, savings were used.
Repair fund at the end of 2025: €32 710 = €14/m² ≈ €1 090 per flat
Works done, per the reports
Loans
An association loan is shared by all owners: when a flat is sold, its share stays with the building, not the seller. That is why a buyer should know the balance and the end date.
€1 031 589 outstanding at the end of 2025 ≈ €34 386 per flat
Principal due in the next 12 months €26 465 ≈ €2 205 a month (€74 per flat, plus interest)
| Lender | Balance | Rate | Ends |
|---|---|---|---|
| – | €1 031 589 | 3.90% | 2049-11 |
Loan balance at year end
Lower bars = the loan is being repaid.
All figures by year
The last column is the change from the first year to the latest: green = good news for owners, orange = a cost or risk is growing.
| 2025 | 2024 | 2023 | 2022* | Change | |
|---|---|---|---|---|---|
| Association fees per year | €908 505 | €46 165 | €85 487 | €56 758 | ×16.0 |
| of which repair fund | €890 719 | €31 792 | €73 234 | – | ×12.2 |
| Collected into the repair fund | €48 678 | €22 017 | €22 042 | – | +121% |
| Repair spending | €891 763 | €32 733 | €74 031 | €45 303 | ×19.7 |
| Repair fund balance | €32 710 | €48 324 | €47 884 | €113 620 | −71% |
| Loan balance | €1 031 589 | €0 | €0 | – | – |
| Cash | €18 840 | €32 861 | €32 999 | €100 243 | −81% |
| Reserve capital | €13 855 | €13 855 | €3 823 | €3 823 | ×3.6 |
| Association expenses (income statement) | €905 237 | €46 978 | €85 907 | €56 511 | ×16.0 |
| Result for the year | €4 012 | −€698 | €75 | €539 | – |
* from the comparative column of the following year's report.
Cash at year end
Money in the bank (incl. the repair fund).
Board's management report
Short summary of the 2025 report.
Hoonet haldab Olemar. plaanis on viia läbi tööd vastavalt majandusetegevuse aastakavale.
Plans: plaanis on viia läbi tööd vastavalt majandusetegevuse aastakavale.
manager: Olemar · board: 3 members · members: 35 private + 5 companies.
See also
Frequently asked questions
What are the running costs of the Narva mnt 10 apartment association?
Per the association's 2025 annual report: a typical flat paid €335 a month; member fees of €908 505 a year in total.
How big is the repair fund of the Narva mnt 10 apartment association?
The repair fund held €32 710 at the end of 2025 (€14/m², ≈ €1 090 per flat). In 2022 it was €113 620. Compared with Kompassi subdistrict: within the usual local range.
Does the Narva mnt 10 apartment association have a loan?
Yes. The loan balance at the end of 2025 was €1 031 589 (≈ €34 386 per flat), interest 3.90%, last repayment 2049. The loan stays with the building when a flat is sold; repayments are part of the monthly fees.
Have the fees of the Narva mnt 10 apartment association gone up?
Member fees totalled €56 758 in 2022 and €908 505 in 2025 — a change of +1 501%. Latest year: +1 868% vs 2024.
How does the Narva mnt 10 apartment association compare with neighbouring buildings?
There are 25 associations with reports on the same street and within 500 m. Their median: total costs €3.18/m² per month; repair fund €8.05/m² (here €14/m²).
How big is the Narva mnt 10 apartment association and who manages it?
30 flats, managed by Olemar, board of 3. Registry code 80000439; reports 2022–2025 (e-Business Register).
Terms in plain words
- Total owner costs (€/m² a month, incl. utilities)
- Everything owners paid the association (the report's flat table), heating, water and electricity included, divided by the flats' floor area and 12 months. Closest to what an owner actually pays each month.
- Association fees (€/m² a month, excl. utilities)
- The association's own charges — upkeep, management, repair fund, loan, insurance — without utilities, per m² of flats a month.
- Typical flat per month (€ a month)
- The median flat's yearly charge in the report's flat table, divided by 12. Half of the flats pay more, half less.
- Repair fund balance (€ at year end)
- Money saved for future repairs and not yet spent, at the end of the financial year.
- Repair fund balance (€ per m² of flats)
- The repair fund balance divided by the flats' floor area, so buildings of any size compare. Not a monthly charge.
- Repair-fund charge (€/m² a month)
- The part of the fees that goes into the repair fund.
- Loan balance (€ at year end)
- The unpaid part of the association's loan at year end. It stays with the building when a flat is sold; repayments are part of the monthly fees.
- Association fees per year (€, all flats together)
- The same charges as a yearly total for all flats (the report's "member fees").
- Association expenses (income statement) (€ a year)
- The association's own expenses for the year per its accounts (upkeep, management, repairs, interest). Not the same as the owners' "total owner costs".
- Reserve capital (€)
- The association's buffer for unexpected costs. By law at least 1/12 of its budgeted annual costs.
- Cash (€ at year end)
- Money in the bank at year end, the repair fund included.
- Result for the year (€)
- Income minus expenses. An association is not for profit: a small plus or minus is normal; several large losses in a row mean costs are paid from reserves.
We read the association's reports, meeting decisions and the price, and tell you what to watch.
Source: apartment association annual reports (e-Business Register); floor area: Building Register. Figures are machine-read from the reports and may contain reading errors — check the original report in the e-Business Register before deciding. How the figures are made (methodology) · Checklist before buying. Flats' floor area 2 349 m².