Narva linn, Rüütli tn 4 korteriühistu
Association of 32 flats. Loan is being paid down.
Rüütli tn 4 korteriühistu is a 32-flat apartment association in Narva linn. Per its 2025 annual report, a typical flat paid the association €130 a month; total costs including utilities were €3.23/m² a month (within the usual local range, Vanalinna linnaosa subdistrict).
The association has a loan of €48 776 (≈ €1 524 per flat), last repayment 2034. Member fees rose 19% in 2022–2025 (€18 299 → €21 712 a year).
There are 12 associations with reports on the same street and within 500 m; their median is €3.35/m² a month in costs and €5/m² of repair fund. Source: the association's annual reports (e-Business Register), floor area from the Building Register.
Building: Rüütli tn 4, Narva linn. 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 (1 330 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.
The association's joint loan (usually for renovation). Repayments are part of the monthly fees.
✓ Strengths
- Loan is being paid down€56 835 → €48 776 (2023–2025)
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 12 neighbouring associations (median): total costs €3.35 (here €3.23) · fees €1.27 (here €1.36) · repair fund €5/m²
On the same street: Rüütli tn
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Rüütli tn 4 (this one) | – | 32 | €3.23 | €1.36 | – | €48 776 | 2025 |
| Rüütli tn 2 | 60 m | 32 | €4.43 | €1.65 | – | €69 501 | 2025 |
| Rüütli tn 6 | 40 m | 32 | €3.03 | €0.71 | – | no | 2025 |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Rüütli tn 4 (this one) | – | 32 | €3.23 | €1.36 | – | €48 776 | 2025 |
| Suur tn 17 | 60 m | 32 | €3.78 | €1.24 | – | €22 533 | 2025 |
| Suur tn 19 | 80 m | 32 | €3.27 | €1.04 | – | €5 072 | 2025 |
| Suur tn 12 | 100 m | 32 | €3.15 | €0.52 | €5 | no | 2025 |
| Vestervalli tn 14 | 110 m | 24 | €4.03 | €1.08 | – | €22 409 | 2025 |
| Kraavi tn 10 | 110 m | 32 | €3.43 | €1.29 | €5 | no | 2025 |
| Vestervalli tn 16 | 120 m | 24 | – | €1.63 | – | €6 823 | 2025 |
| Vestervalli tn 12 | 130 m | 24 | – | €3.51 | – | no | 2025 |
| Kraavi tn 7 | 140 m | 10 | €2.37 | €1.11 | €5 | no | 2025 |
| Kraavi tn 12 | 150 m | 32 | €3.20 | €1.36 | – | no | 2025 |
| Vestervalli tn 10 | 160 m | 24 | €5.31 | €2.25 | – | €140 870 | 2025 |
| Neighbours' median | €3.35 | €1.27 | €5 |
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.
Money in and out
When the collected bar is taller the fund grew; when spending is taller, savings were used.
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.
€48 776 outstanding at the end of 2025 ≈ €1 524 per flat
Principal due in the next 12 months €4 483 ≈ €374 a month (€12 per flat, plus interest)
| Lender | Balance | Rate | Ends |
|---|---|---|---|
| – | €4 483 | 3.40% | 2034-06 |
| – | €44 293 | 3.40% | 2034-06 |
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 | €21 712 | €23 185 | €24 359 | €18 299 | +19% |
| Repair spending | €10 805 | €19 466 | €20 203 | €11 142 | −3.0% |
| Loan balance | €48 776 | €53 098 | €56 835 | – | −14% |
| Cash | €3 814 | €1 430 | €4 039 | €5 578 | −32% |
| Association expenses (income statement) | €20 336 | €26 036 | €25 073 | €15 386 | +32% |
| Result for the year | €2 337 | −€2 851 | −€714 | €2 913 | – |
* 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.
Aruandeaastal teostati remonditöid 10 805 € eest.
members: 32 private.
See also
Frequently asked questions
What are the running costs of the Rüütli tn 4 apartment association?
Per the association's 2025 annual report: total owner costs of €3.23/m² per month including utilities; a typical flat paid €130 a month; the association's own fees excluding utilities €1.36/m² per month. The Vanalinna linnaosa subdistrict median was €3.26/m² per month.
Does the Rüütli tn 4 apartment association have a loan?
Yes. The loan balance at the end of 2025 was €48 776 (≈ €1 524 per flat), interest 3.40%, last repayment 2034. The loan stays with the building when a flat is sold; repayments are part of the monthly fees.
Have the fees of the Rüütli tn 4 apartment association gone up?
Member fees totalled €18 299 in 2022 and €21 712 in 2025 — a change of +19%. Latest year: −6.4% vs 2024.
How does the Rüütli tn 4 apartment association compare with neighbouring buildings?
There are 12 associations with reports on the same street and within 500 m. Their median: total costs €3.35/m² per month (here €3.23/m² per month); repair fund €4.70/m².
How big is the Rüütli tn 4 apartment association and who manages it?
32 flats. Registry code 80025675; 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 1 330 m².