Tallinn, Virmalise tn 24 korteriühistu
Association of 27 flats. Small reserve capital.
Virmalise tn 24 korteriühistu is a 27-flat apartment association in Kesklinn district, Tallinn. Per its 2025 annual report, a typical flat paid the association €190 a month; association fees excluding utilities were €4.32/m² a month.
It has no loan. Member fees rose 7% in 2022–2025 (€77 728 → €82 837 a year).
There are 16 associations with reports on the same street and within 500 m; their median is €3.50/m² a month in costs and €15/m² of repair fund. Source: the association's annual reports (e-Business Register), floor area from the Building Register.
Building: Virmalise tn 24, 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 (1 598 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.
! Worth watching
- Small reserve capital€2 743 — less than one month of costs (€5 268)
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 16 neighbouring associations (median): total costs €3.50 · fees €1.23 (here €4.32) · repair fund €15/m²
On the same street: Virmalise tn
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Virmalise tn 24 (this one) | – | 27 | – | €4.32 | – | no | 2025 |
| Virmalise tn 2 | 310 m | 26 | €4.40 | €1.02 | – | €15 885 | 2025 |
| Virmalise tn 5 | 200 m | 64 | €2.36 | €0.93 | €6 | €106 721 | 2025 |
| Virmalise tn 5a | 210 m | 64 | €3.15 | €1.94 | €20 | €109 289 | 2025 |
| Virmalise tn 7 | 140 m | 39 | €3.46 | €1.11 | €10 | no | 2025 |
| Virmalise tn 9 | 90 m | 38 | €3.50 | €0.82 | €38 | no | 2025 |
| Virmalise tn 28 | 60 m | 34 | €3.86 | €1.28 | €21 | €79 639 | 2025 |
| Neighbours' median | €3.48 | €1.07 | €20 |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Virmalise tn 24 (this one) | – | 27 | – | €4.32 | – | no | 2025 |
| Videviku tn 10 | 50 m | 9 | €3.86 | €1.25 | – | €51 107 | 2025 |
| Luha tn 32 | 50 m | 16 | €2.88 | €1.27 | – | no | 2025 |
| Videviku tn 15 | 80 m | 13 | €2.42 | €1.22 | €6 | no | 2025 |
| Luha tn 30 | 90 m | 16 | €5.26 | €3.12 | €8 | €40 840 | 2025 |
| Videviku tn 12 | 100 m | 21 | – | €8.81 | – | €93 182 | 2025 |
| Luha tn 35a | 100 m | 11 | €2.71 | €1.88 | €4 | €18 514 | 2025 |
| Videviku tn 19 | 110 m | 22 | €2.26 | €1.02 | €4 | no | 2025 |
| Koidu tn 89 | 130 m | 32 | €3.51 | €1.56 | €22 | €83 060 | 2025 |
| Videviku tn 14 | 140 m | 27 | €3.98 | €0.93 | €29 | no | 2025 |
| Luha tn 28 | 140 m | 16 | €3.66 | €0.57 | €43 | no | 2025 |
| Neighbours' median | €3.51 | €1.26 | €8 |
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.
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 | €82 837 | €75 914 | €79 349 | €77 728 | +6.6% |
| Cash | €40 089 | €24 648 | €31 767 | €28 496 | +41% |
| Reserve capital | €2 743 | €2 743 | €2 743 | €2 743 | ≈ |
| Association expenses (income statement) | €63 213 | €86 330 | €75 342 | €63 977 | ≈ |
| Result for the year | €19 794 | −€10 294 | €4 121 | €13 906 | – |
* from the comparative column of the following year's report.
Cash at year end
Money in the bank (incl. the repair fund).
See also
Frequently asked questions
What are the running costs of the Virmalise tn 24 apartment association?
Per the association's 2025 annual report: a typical flat paid €190 a month; the association's own fees excluding utilities €4.32/m² per month.
Does the Virmalise tn 24 apartment association have a loan?
No. The association had no loan at the end of 2025.
Have the fees of the Virmalise tn 24 apartment association gone up?
Member fees totalled €77 728 in 2022 and €82 837 in 2025 — a change of +6.6%. Latest year: +9.1% vs 2024.
How does the Virmalise tn 24 apartment association compare with neighbouring buildings?
There are 16 associations with reports on the same street and within 500 m. Their median: total costs €3.50/m² per month; repair fund €15/m².
How big is the Virmalise tn 24 apartment association and who manages it?
27 flats. Registry code 80176345; 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 1 598 m².