Tallinn, Puhkekodu tee 59 // 61 // 63 // 65 // 67 // 69 korteriühistu
Association of 90 flats. Repair fund has shrunk; small reserve capital; loan is being paid down.
Puhkekodu tee 59 // 61 // 63 // 65 // 67 // 69 korteriühistu is a 90-flat apartment association in Pirita district, Tallinn (6 buildings). Per its 2025 annual report, a typical flat paid the association €128 a month; association fees excluding utilities were €2.61/m² a month.
The repair fund held €74 638 at year end (€13/m², ≈ €829 per flat); in 2021 it was €56 015. The association has a loan of €2 315 (≈ €26 per flat), last repayment 2026. Member fees rose 18% in 2021–2025 (€147 038 → €173 129 a year).
There are 10 associations with reports on the same street and within 500 m; their median is €2.99/m² a month in costs and €10/m² of repair fund. Source: the association's annual reports (e-Business Register), floor area from the Building Register.
The association manages: Puhkekodu tee 59, Puhkekodu tee 61, Puhkekodu tee 63, Puhkekodu tee 65, Puhkekodu tee 67, Puhkekodu tee 69, Tallinn. Data: the association's annual reports 2021–2025 (e-Business Register), the latest for 2025.
All figures: the association's 2025 annual report; €/m² = per m² of flats (5 531 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€102 119 (2023) → €74 638 (2025), repairs in the period €223 950
- Small reserve capital€7 611 — less than one month of costs (€15 252)
✓ Strengths
- Loan is being paid down€26 864 → €2 315 (2021–2025)
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 10 neighbouring associations (median): total costs €2.99 · fees €0.78 (here €2.61) · repair fund €10/m² (here €14)
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Puhkekodu tee 59 (this one) | – | 90 | – | €2.61 | €14 | €2 315 | 2025 |
| Rahvakooli tee 10b | 40 m | 8 | €1.47 | €0.26 | €10 | no | 2025 |
| Pune tee 14 | 70 m | 54 | €3.13 | €1.40 | – | no | 2025 |
| Pune tee 10 | 90 m | 75 | €3.11 | €0.67 | €14 | no | 2025 |
| Rahvakooli tee 10a | 120 m | 8 | €1.78 | €0.64 | – | no | 2025 |
| Pune tee 5 | 140 m | 51 | €2.86 | €0.88 | €17 | no | 2025 |
| Pune tee 4 | 180 m | 34 | €3.16 | €0.97 | €4 | no | 2025 |
| Rahvakooli tee 26 | 220 m | 12 | €0.34 | €0.20 | €1 | no | 2024 |
| Vahulille tee 6 | 240 m | 48 | – | – | – | no | 2024 |
| Vahulille tee 5 | 290 m | 24 | €3.21 | €1.66 | – | no | 2024 |
| Metsakooli tee 19 | 320 m | 8 | – | – | – | no | 2025 |
| Neighbours' median | €2.99 | €0.78 | €10 |
What owners pay for
Fees by type in 2025, as written in the report. "Average flat" = amount ÷ 90 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 | €70 862 | €1.07 | €66 | €59 948 |
| Vee ja kanalisatsiooni tasudwater and sewerage (utility) | water and sewerage (utility) | €13 806 | €0.21 | €13 | €11 811 |
| Küttetasud | €49 784 | €0.75 | €46 | €54 690 | |
| Laenu teeninduse fondi kasutaminerepays the association's loan and interest | repays the association's loan and interest | €105 | €0.00 | €0 | €197 |
| STV, Elisa seadmete el.komp. | €493 | €0.01 | €0 | €0 | |
| Remonditasudsaved in the repair fund for future works | saved in the repair fund for future works | €38 079 | €0.57 | €35 | €45 783 |
| Total | €173 129 | €2.61 | €160 |
Fee names as written in the report.
Compared with Kose subdistrict
Green band = the middle half of the area's associations (2025), tick = median, dot = this association.
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: €74 638 = €13/m² ≈ €829 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.
€2 315 outstanding at the end of 2025 ≈ €26 per flat
Principal due in the next 12 months €2 315 ≈ €193 a month (€2 per flat, plus interest)
| Lender | Balance | Rate | Ends |
|---|---|---|---|
| – | €2 315 | 2.34% | 2026-07 |
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 | 2021* | Change | |
|---|---|---|---|---|---|---|
| Association fees per year | €173 129 | €172 429 | €135 012 | €117 964 | €147 038 | +18% |
| of which repair fund | €38 079 | €45 783 | €11 606 | – | – | ×3.3 |
| Collected into the repair fund | €27 437 | €29 185 | €29 185 | – | – | −6.0% |
| Repair spending | €111 665 | €112 285 | €11 605 | €77 | €152 772 | −27% |
| Repair fund balance | €74 638 | €84 298 | €102 119 | €87 548 | €56 015 | +33% |
| Loan balance | €2 315 | €6 210 | €10 012 | €17 151 | €26 864 | −91% |
| Cash | €82 266 | €93 925 | €112 611 | €93 997 | €70 672 | +16% |
| Reserve capital | €7 611 | €6 179 | €4 365 | €4 365 | €4 315 | +76% |
| Association expenses (income statement) | €183 020 | €172 232 | €134 688 | €117 966 | €152 772 | +20% |
| Result for the year | €0 | €0 | €160 | €6 | €0 | – |
* 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.
Tallinn, Puhkekodu tee 59 // 61 // 63 // 65 // 67 // 69 korteriühistu on asutatud aprillis 1995. Tegevuse eesmärgiks on korteriomandite eseme osaks olevate ehitiste ja maatüki ühine majandamine ning korteriühistu liikmete ühiste huvide esindamine.
members: 103 private.
See also
Frequently asked questions
What are the running costs of the Puhkekodu tee 59 apartment association?
Per the association's 2025 annual report: a typical flat paid €128 a month; the association's own fees excluding utilities €2.61/m² per month.
How big is the repair fund of the Puhkekodu tee 59 apartment association?
The repair fund held €74 638 at the end of 2025 (€13/m², ≈ €829 per flat). In 2021 it was €56 015.
Does the Puhkekodu tee 59 apartment association have a loan?
Yes. The loan balance at the end of 2025 was €2 315 (≈ €26 per flat), interest 2.34%, last repayment 2026. The loan stays with the building when a flat is sold; repayments are part of the monthly fees.
Have the fees of the Puhkekodu tee 59 apartment association gone up?
Member fees totalled €147 038 in 2021 and €173 129 in 2025 — a change of +18%. Latest year: ≈ vs 2024.
How does the Puhkekodu tee 59 apartment association compare with neighbouring buildings?
There are 10 associations with reports on the same street and within 500 m. Their median: total costs €2.99/m² per month; repair fund €9.60/m² (here €13/m²).
How big is the Puhkekodu tee 59 apartment association and who manages it?
90 flats, 6 buildings. Registry code 80014217; reports 2021–2025 (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 5 531 m².