Pärnu linn, Mai tn 8 korteriühistu
Association of 130 flats. New loan taken in 2023; repair fund grows every year; large repair fund.
Mai tn 8 korteriühistu is a 130-flat apartment association in Pärnu linn, Pärnu linn. Per its 2025 annual report, a typical flat paid the association €176 a month; total costs including utilities were €3.11/m² a month (highest quarter locally, Kesklinna linnaosa, Mai subdistrict).
The repair fund held €84 551 at year end (€12/m², ≈ €650 per flat), growing every year since 2022 (€3 254) — highest quarter locally. The association has a loan of €1 152 995 (≈ €8 869 per flat), last repayment 2043. Member fees fell 38% in 2022–2025 (€89 259 → €55 659 a year).
There are 25 associations with reports on the same street and within 500 m; their median is €2.58/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: Mai tn 8, Pärnu 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 (7 226 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
- New loan taken in 2023outstanding €1 152 995 — usually for renovation; repayments are part of the fees
✓ Strengths
- Repair fund grows every year€3 254 → €84 551 (2022–2025)
- Large repair fund€12/m² — highest quarter locally
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 €2.58 (here €3.11) · fees €0.83 (here €0.64) · repair fund €5/m² (here €12)
On the same street: Mai tn
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Mai tn 8 (this one) | – | 130 | €3.11 | €0.64 | €12 | €1 152 995 | 2025 |
| Mai tn 1a | 870 m | 6 | – | €1.49 | €5 | no | 2025 |
| Mai tn 5 | 620 m | 85 | €3.07 | €0.70 | €46 | no | 2025 |
| Mai tn 6a | 110 m | 111 | €2.69 | €0.31 | – | no | 2025 |
| Mai tn 7 | 630 m | 55 | €2.58 | €0.76 | €20 | no | 2025 |
| Mai tn 10 | 90 m | 90 | €2.46 | €1.10 | €6 | no | 2025 |
| Mai tn 12 | 110 m | – | – | – | – | no | 2025 |
| Mai tn 15 | 540 m | 55 | – | €4.87 | €5 | €134 131 | 2025 |
| Mai tn 16 | 150 m | 131 | €2.55 | €0.59 | €9 | €87 484 | 2025 |
| Mai tn 17 | 500 m | 85 | €2.85 | €0.53 | €17 | no | 2025 |
| Mai tn 18 | 210 m | 90 | €2.28 | €0.88 | – | no | 2025 |
| Mai tn 19 | 520 m | 55 | €2.56 | €0.98 | – | no | 2025 |
| Mai tn 23 | 420 m | 55 | €2.66 | €0.86 | – | €170 280 | 2025 |
| Mai tn 24 | 420 m | 170 | €2.18 | €0.88 | – | no | 2025 |
| Mai tn 25 | 390 m | 85 | €2.33 | €1.06 | €1 | no | 2025 |
| Mai tn 27 | 410 m | 55 | €2.70 | €0.40 | – | no | 2025 |
| Neighbours' median | €2.57 | €0.87 | €7 |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Mai tn 8 (this one) | – | 130 | €3.11 | €0.64 | €12 | €1 152 995 | 2025 |
| Metsa tn 15a | 90 m | 88 | €2.45 | €0.13 | €5 | no | 2025 |
| Metsa tn 18 | 160 m | 15 | €2.99 | €0.83 | €4 | no | 2025 |
| Metsa tn 18b | 170 m | 6 | – | €0.43 | €1 | no | 2025 |
| Metsa tn 16 | 180 m | 101 | €2.89 | €1.07 | €3 | no | 2025 |
| Metsa tn 18a | 190 m | 24 | €2.78 | €1.67 | €1 | €71 903 | 2025 |
| Metsa tn 14 | 210 m | 90 | €2.20 | €0.47 | – | no | 2025 |
| Mere tn 2 | 240 m | 6 | – | €1.36 | – | no | 2025 |
| Riia mnt 149 | 250 m | 11 | – | – | – | €115 631 | 2025 |
| Papiniidu tn 25 | 270 m | 65 | €2.47 | €0.43 | €22 | no | 2025 |
| Metsa tn 12 | 270 m | 89 | €3.14 | €0.55 | €5 | €874 569 | 2025 |
| Neighbours' median | €2.78 | €0.55 | €4 |
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: €84 551 = €12/m² ≈ €650 per flat
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.
€1 152 995 outstanding at the end of 2025 ≈ €8 869 per flat
Principal due in the next 12 months €47 504 ≈ €3 959 a month (€30 per flat, plus interest)
| Lender | Balance | Rate | Ends |
|---|---|---|---|
| SEB | €1 152 995 | 3.73% | 2043-12 |
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 | €55 659 | €53 082 | €173 108 | €89 259 | −38% |
| Collected into the repair fund | €22 551 | €153 057 | €35 741 | – | −37% |
| Repair spending | €9 940 | €7 410 | €130 982 | €57 773 | −83% |
| Repair fund balance | €84 551 | €60 723 | €46 786 | €3 254 | ×26.0 |
| Loan balance | €1 152 995 | €1 196 690 | €1 231 451 | €0 | – |
| Cash | €104 385 | €77 064 | €63 533 | €19 337 | ×5.4 |
| Reserve capital | €24 181 | €20 458 | €20 458 | €13 020 | +86% |
| Association expenses (income statement) | €56 497 | €51 958 | €170 459 | €93 520 | −40% |
| Result for the year | €148 | €1 432 | €3 042 | −€3 427 | – |
* 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 9 940 € eest ja remondifondi koguti 22 551 €. Remondifondi jääk aasta lõpus oli 84 551 €.
members: 128 private + 2 companies.
See also
Frequently asked questions
What are the running costs of the Mai tn 8 apartment association?
Per the association's 2025 annual report: total owner costs of €3.11/m² per month including utilities; a typical flat paid €176 a month; the association's own fees excluding utilities €0.64/m² per month. The Kesklinna linnaosa, Mai subdistrict median was €2.57/m² per month.
How big is the repair fund of the Mai tn 8 apartment association?
The repair fund held €84 551 at the end of 2025 (€12/m², ≈ €650 per flat). In 2022 it was €3 254. Compared with Kesklinna linnaosa, Mai subdistrict: highest quarter locally.
Does the Mai tn 8 apartment association have a loan?
Yes. The loan balance at the end of 2025 was €1 152 995 (≈ €8 869 per flat), interest 3.73%, last repayment 2043. The loan stays with the building when a flat is sold; repayments are part of the monthly fees.
Have the fees of the Mai tn 8 apartment association gone up?
Member fees totalled €89 259 in 2022 and €55 659 in 2025 — a change of −38%. Latest year: +4.9% vs 2024.
How does the Mai tn 8 apartment association compare with neighbouring buildings?
There are 25 associations with reports on the same street and within 500 m. Their median: total costs €2.58/m² per month (here €3.11/m² per month); repair fund €5.00/m² (here €12/m²).
How big is the Mai tn 8 apartment association and who manages it?
130 flats. Registry code 80125862; 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 7 226 m².