Tartu linn, Kalda tee 38 korteriühistu
Association of 40 flats. Loan is being paid down.
Kalda tee 38 korteriühistu is a 40-flat apartment association in Tartu linn, Tartu linn. Per its 2025 annual report, a typical flat paid the association €119 a month; total costs including utilities were €3.69/m² a month (highest quarter locally, Annelinna linnaosa, Kesk-Annelinna subdistrict).
The repair fund held €21 432 at year end (€15/m², ≈ €536 per flat); in 2022 it was €22 138 — within the usual local range. The association has a loan of €320 920 (≈ €8 023 per flat), last repayment 2041. Member fees fell 91% in 2022–2025 (€133 415 → €12 103 a year).
There are 25 associations with reports on the same street and within 500 m; their median is €2.86/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.
Building: Kalda tee 38, Tartu 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 (1 400 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.
✓ Strengths
- Loan is being paid down€358 605 → €320 920 (2022–2025)
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 25 neighbouring associations (median): total costs €2.86 (here €3.69) · fees €1.23 (here €0.72) · repair fund €10/m² (here €15)
On the same street: Kalda tee
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Kalda tee 38 (this one) | – | 40 | €3.69 | €0.72 | €15 | €320 920 | 2025 |
| Kalda tee 2 | 1 180 m | 110 | €2.98 | €1.56 | – | no | 2025 |
| Kalda tee 4 | 1 070 m | 117 | €2.82 | €1.67 | €6 | €843 404 | 2025 |
| Kalda tee 6 | 1 020 m | 119 | €3.19 | €0.60 | – | €991 298 | 2025 |
| Kalda tee 8 | 950 m | 95 | €2.98 | €0.68 | €9 | €546 329 | 2025 |
| Kalda tee 10 | 920 m | 85 | €2.17 | €0.61 | €2 | no | 2025 |
| Kalda tee 12 | 860 m | 115 | €2.81 | €1.23 | €2 | €431 821 | 2025 |
| Kalda tee 14 | 790 m | 95 | €2.56 | €1.80 | €0 | no | 2025 |
| Kalda tee 16 | 760 m | 85 | €2.51 | €0.80 | €20 | no | 2025 |
| Kalda tee 18 | 710 m | 120 | €2.61 | €0.62 | €32 | no | 2025 |
| Kalda tee 20 | 630 m | 95 | €3.32 | €0.51 | – | no | 2025 |
| Kalda tee 22 | 620 m | 75 | €2.30 | €1.29 | – | no | 2025 |
| Kalda tee 24 | 510 m | 45 | – | €7.00 | – | €64 765 | 2025 |
| Kalda tee 28 | 390 m | 88 | €3.45 | €0.62 | €55 | no | 2025 |
| Kalda tee 30 | 190 m | 67 | – | €1.15 | – | €560 896 | 2025 |
| Kalda tee 34 | 90 m | 52 | €2.74 | €0.72 | – | €93 500 | 2025 |
| Neighbours' median | €2.81 | €0.80 | €7 |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Kalda tee 38 (this one) | – | 40 | €3.69 | €0.72 | €15 | €320 920 | 2025 |
| Mõisavahe tn 2 | 100 m | 38 | – | – | – | no | 2025 |
| Mõisavahe tn 28 | 120 m | 30 | €3.34 | €1.54 | €17 | €370 834 | 2025 |
| Mõisavahe tn 29 | 120 m | 45 | €3.07 | €1.33 | €11 | €275 848 | 2025 |
| Kaunase pst 30 | 130 m | 30 | €1.43 | €0.80 | – | no | 2025 |
| Kaunase pst 29 | 130 m | 15 | – | €3.09 | €28 | no | 2025 |
| Mõisavahe tn 3 | 130 m | 30 | €3.22 | €2.04 | €1 | no | 2025 |
| Kaunase pst 31 | 130 m | 15 | €2.90 | €1.25 | €29 | no | 2025 |
| Mõisavahe tn 30 | 150 m | 30 | – | – | – | no | 2025 |
| Mõisavahe tn 27 | 150 m | 30 | €2.47 | €0.63 | – | no | 2025 |
| Kaunase pst 28 | 160 m | 30 | €3.65 | €2.18 | €0 | no | 2025 |
| Neighbours' median | €3.07 | €1.44 | €14 |
What owners pay for
Fees by type in 2025, as written in the report. "Average flat" = amount ÷ 40 flats ÷ 12; a bigger flat pays more.
| Fee | What it covers | Per year | €/m²/month | Average flat / month | Year before |
|---|---|---|---|---|---|
| Haldustasudbookkeeping, board and property manager | bookkeeping, board and property manager | €2 126 | €0.13 | €4 | €2 060 |
| Kindlustusbuilding insurance | building insurance | €1 147 | €0.07 | €2 | €1 068 |
| Raamatupidamine | €1 623 | €0.10 | €3 | €1 610 | |
| Tehnohoolduse tasuday-to-day upkeep and small fixes | day-to-day upkeep and small fixes | €1 993 | €0.12 | €4 | €1 708 |
| Heakorratasu | €3 542 | €0.21 | €7 | €3 261 | |
| Remonditasudsaved in the repair fund for future works | saved in the repair fund for future works | €1 672 | €0.10 | €3 | €633 |
| Total | €12 103 | €0.72 | €25 |
Fee names as written in the report.
Compared with Annelinna linnaosa, Kesk-Annelinna 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: €21 432 = €15/m² ≈ €536 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.
€320 920 outstanding at the end of 2025 ≈ €8 023 per flat
Principal due in the next 12 months €15 165 ≈ €1 264 a month (€32 per flat, plus interest)
| Lender | Balance | Rate | Ends |
|---|---|---|---|
| – | €320 920 | 4.30% | 2041-03 |
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 | €12 103 | €10 340 | €15 760 | €133 415 | −91% |
| Collected into the repair fund | €1 803 | €5 714 | €120 596 | – | −99% |
| Repair spending | €1 672 | €633 | €7 652 | €125 909 | −99% |
| Repair fund balance | €21 432 | €21 370 | €20 200 | €22 138 | −3.2% |
| Loan balance | €320 920 | €334 963 | €346 735 | €358 605 | −11% |
| Cash | €23 830 | €22 257 | €21 412 | €23 862 | ≈ |
| Reserve capital | €5 447 | €4 400 | €4 400 | €3 327 | +64% |
| Association expenses (income statement) | €12 117 | €10 341 | €15 691 | €133 452 | −91% |
| Result for the year | €51 | €53 | €123 | €6 | – |
* from the comparative column of the following year's report.
"Of which repair fund" is hidden: the figure read from the report matched repair spending.
Cash at year end
Money in the bank (incl. the repair fund).
Board's management report
Short summary of the 2025 report.
Hoonet haldab Kvatro Kinnisvarahalduse.
manager: Kvatro Kinnisvarahalduse · members: 44 private + 1 companies.
See also
Frequently asked questions
What are the running costs of the Kalda tee 38 apartment association?
Per the association's 2025 annual report: total owner costs of €3.69/m² per month including utilities; a typical flat paid €119 a month; the association's own fees excluding utilities €0.72/m² per month. The Annelinna linnaosa, Kesk-Annelinna subdistrict median was €2.58/m² per month.
How big is the repair fund of the Kalda tee 38 apartment association?
The repair fund held €21 432 at the end of 2025 (€15/m², ≈ €536 per flat). In 2022 it was €22 138. Compared with Annelinna linnaosa, Kesk-Annelinna subdistrict: within the usual local range.
Does the Kalda tee 38 apartment association have a loan?
Yes. The loan balance at the end of 2025 was €320 920 (≈ €8 023 per flat), interest 4.30%, last repayment 2041. The loan stays with the building when a flat is sold; repayments are part of the monthly fees.
Have the fees of the Kalda tee 38 apartment association gone up?
Member fees totalled €133 415 in 2022 and €12 103 in 2025 — a change of −91%. Latest year: +17% vs 2024.
How does the Kalda tee 38 apartment association compare with neighbouring buildings?
There are 25 associations with reports on the same street and within 500 m. Their median: total costs €2.86/m² per month (here €3.69/m² per month); repair fund €9.75/m² (here €15/m²).
How big is the Kalda tee 38 apartment association and who manages it?
40 flats, managed by Kvatro Kinnisvarahalduse. Registry code 80037224; 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 1 400 m².