Tallinn, Paekaare tn 40 korteriühistu
Association of 180 flats. No marked changes in the reports.
Paekaare tn 40 korteriühistu is a 180-flat apartment association in Lasnamäe district, Tallinn. Per its 2025 annual report, a typical flat paid the association €141 a month; total costs including utilities were €2.54/m² a month (within the usual local range, Pae subdistrict).
The repair fund held €153 296 at year end (€16/m², ≈ €852 per flat); in 2022 it was €134 375 — within the usual local range. It has no loan. Member fees fell 6% in 2022–2025 (€74 337 → €70 000 a year).
There are 25 associations with reports on the same street and within 500 m; their median is €2.59/m² a month in costs and €9/m² of repair fund. Source: the association's annual reports (e-Business Register), floor area from the Building Register.
Building: Paekaare tn 40, 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 (9 660 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.
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 €2.59 (here €2.54) · fees €0.73 (here €0.60) · repair fund €9/m² (here €16)
On the same street: Paekaare tn
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Paekaare tn 40 (this one) | – | 180 | €2.54 | €0.60 | €16 | no | 2025 |
| Paekaare tn 2 | 540 m | 72 | €2.62 | €1.09 | €6 | no | 2025 |
| Paekaare tn 6 | 500 m | 72 | €2.50 | €0.84 | – | no | 2025 |
| Paekaare tn 8 | 460 m | 60 | €2.56 | €0.63 | – | no | 2025 |
| Paekaare tn 10 | 460 m | 72 | €2.67 | €0.50 | €12 | no | 2025 |
| Paekaare tn 12 | 420 m | 80 | €2.77 | €0.73 | – | no | 2025 |
| Paekaare tn 14 | 420 m | 72 | €2.59 | €0.87 | €22 | no | 2025 |
| Paekaare tn 16 | 370 m | 144 | €2.41 | €1.16 | €1 | €23 776 | 2025 |
| Paekaare tn 18 | 320 m | 20 | €2.98 | €0.53 | €6 | no | 2025 |
| Paekaare tn 22 | 300 m | 108 | €2.41 | €0.44 | €8 | no | 2025 |
| Paekaare tn 24 | 260 m | 60 | – | €2.33 | €15 | no | 2025 |
| Paekaare tn 26 | 240 m | 20 | €2.75 | €1.03 | €19 | €14 571 | 2025 |
| Paekaare tn 28 | 200 m | 60 | €2.48 | €0.60 | €20 | no | 2025 |
| Paekaare tn 30 | 200 m | 20 | €2.82 | €1.13 | €16 | no | 2025 |
| Paekaare tn 32 | 190 m | 72 | €2.54 | €0.42 | €6 | no | 2025 |
| Paekaare tn 34 | 180 m | 72 | €2.67 | €0.87 | €29 | no | 2025 |
| Neighbours' median | €2.61 | €0.84 | €13 |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Paekaare tn 40 (this one) | – | 180 | €2.54 | €0.60 | €16 | no | 2025 |
| Pae tn 84 | 170 m | 108 | €2.23 | €0.47 | €5 | no | 2025 |
| Pae tn 68 | 210 m | 92 | €3.62 | €0.72 | €23 | no | 2025 |
| Punane tn 21 | 210 m | 288 | €3.41 | €1.49 | €0 | no | 2025 |
| Pae tn 86 | 210 m | 108 | €2.54 | €0.43 | €25 | no | 2025 |
| Pae tn 88 | 250 m | 108 | €2.96 | €0.58 | €11 | no | 2025 |
| Punane tn 31 | 280 m | 216 | €2.81 | €0.96 | – | no | 2025 |
| Pae tn 53 | 280 m | 90 | €2.43 | €0.80 | – | no | 2025 |
| Pae tn 49 | 290 m | 144 | €2.24 | €0.38 | €4 | no | 2025 |
| Pae tn 66 | 290 m | 108 | €2.59 | €1.38 | €5 | no | 2025 |
| Pae tn 64 | 290 m | 72 | €2.32 | €0.59 | €4 | no | 2025 |
| Neighbours' median | €2.57 | €0.66 | €5 |
What owners pay for
Fees by type in 2025, as written in the report. "Average flat" = amount ÷ 180 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 | €50 117 | €0.43 | €23 | €45 691 |
| Erinevad hooldus-, haldustasudbookkeeping, board and property manager | bookkeeping, board and property manager | €429 | €0.00 | €0 | €552 |
| Remonditasudsaved in the repair fund for future works | saved in the repair fund for future works | €19 454 | €0.17 | €9 | €67 392 |
| Total | €70 000 | €0.60 | €32 |
Fee names as written in the report.
Compared with Pae 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: €153 296 = €16/m² ≈ €852 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.
The association had no loan at the end of 2025.
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 | €70 000 | €113 635 | €127 477 | €74 337 | −5.8% |
| Collected into the repair fund | €65 204 | €659 | €0 | – | – |
| Repair spending | €19 454 | €67 392 | €86 038 | €35 743 | −46% |
| Repair fund balance | €153 296 | €107 546 | €112 274 | €134 375 | +14% |
| Cash | €169 848 | €127 467 | €130 527 | €151 865 | +12% |
| Reserve capital | €26 840 | €26 840 | €24 300 | €19 500 | +38% |
| Association expenses (income statement) | €72 071 | €116 248 | €129 265 | €75 312 | −4.3% |
| Result for the year | €1 232 | −€308 | −€201 | €436 | – |
* 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.
Aruandeaastal teostati remonditöid 19 454 € eest ja remondifondi koguti 65 204 €. Remondifondi jääk aasta lõpus oli 153 296 €.
members: 174 private + 6 companies.
See also
Frequently asked questions
What are the running costs of the Paekaare tn 40 apartment association?
Per the association's 2025 annual report: total owner costs of €2.54/m² per month including utilities; a typical flat paid €141 a month; the association's own fees excluding utilities €0.60/m² per month. The Pae subdistrict median was €2.62/m² per month.
How big is the repair fund of the Paekaare tn 40 apartment association?
The repair fund held €153 296 at the end of 2025 (€16/m², ≈ €852 per flat). In 2022 it was €134 375. Compared with Pae subdistrict: within the usual local range.
Does the Paekaare tn 40 apartment association have a loan?
No. The association had no loan at the end of 2025.
Have the fees of the Paekaare tn 40 apartment association gone up?
Member fees totalled €74 337 in 2022 and €70 000 in 2025 — a change of −5.8%. Latest year: −38% vs 2024.
How does the Paekaare tn 40 apartment association compare with neighbouring buildings?
There are 25 associations with reports on the same street and within 500 m. Their median: total costs €2.59/m² per month (here €2.54/m² per month); repair fund €9.20/m² (here €16/m²).
How big is the Paekaare tn 40 apartment association and who manages it?
180 flats. Registry code 80151183; 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 9 660 m².