Narva linn, P. Kerese tn 6 korteriühistu
Association of 32 flats. Loans have grown; sharp rise in association fees: +613% (2025); two loss years in a row.
P. Kerese tn 6 korteriühistu is a 32-flat apartment association in Narva linn. Per its 2025 annual report, a typical flat paid the association €175 a month; association fees excluding utilities were €8.36/m² a month.
The repair fund held €4 539 at year end (€3/m², ≈ €142 per flat); in 2024 it was €0. The association has a loan of €182 729 (≈ €5 710 per flat). Member fees rose 668% in 2022–2025 (€21 848 → €167 740 a year).
There are 20 associations with reports on the same street and within 500 m; their median is €3.32/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: P. Kerese tn 6, 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 (1 672 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
- Loans have grown€11 552 → €182 729 (2022–2025)
- Sharp rise in association fees: +613% (2025)€23 521 (2024) → €167 740 (2025)
- Two loss years in a rowcash €12 901 → €6 740
- Small reserve capital€3 967 — less than one month of costs (€13 708)
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 20 neighbouring associations (median): total costs €3.32 · fees €0.92 (here €8.36) · repair fund €10/m² (here €3)
On the same street: P. Kerese tn
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| P. Kerese tn 6 (this one) | – | 32 | – | €8.36 | €3 | €182 729 | 2025 |
| P. Kerese tn 2 | 110 m | 18 | – | €0.76 | – | no | 2025 |
| P. Kerese tn 4 | 60 m | 28 | €3.17 | €0.97 | – | no | 2024 |
| P. Kerese tn 8 | 40 m | 36 | €2.94 | €0.71 | – | no | 2025 |
| P. Kerese tn 10 | 100 m | 44 | €3.33 | €0.83 | – | no | 2025 |
| P. Kerese tn 13 | 260 m | 47 | €3.16 | €1.19 | – | no | 2025 |
| P. Kerese tn 15 | 300 m | 49 | €3.29 | €1.22 | €14 | no | 2025 |
| P. Kerese tn 17 | 340 m | 48 | €3.05 | €0.92 | – | no | 2025 |
| P. Kerese tn 19 | 380 m | 47 | €3.33 | €1.05 | – | no | 2025 |
| P. Kerese tn 24 | 1 040 m | 90 | – | €0.58 | €6 | no | 2025 |
| P. Kerese tn 36 | 1 270 m | 175 | €3.55 | €0.71 | – | no | 2025 |
| Neighbours' median | €3.23 | €0.88 | – |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| P. Kerese tn 6 (this one) | – | 32 | – | €8.36 | €3 | €182 729 | 2025 |
| Tallinna mnt 4a | 100 m | 91 | €3.63 | €1.13 | – | no | 2025 |
| Tallinna mnt 4 | 110 m | 27 | – | €1.37 | – | no | 2025 |
| Tallinna mnt 2 | 120 m | 26 | €3.80 | €0.99 | – | no | 2025 |
| Linda tn 1 | 120 m | 62 | – | €4.06 | €13 | no | 2025 |
| Energia tn 7 | 140 m | 36 | – | €0.77 | – | no | 2025 |
| Tallinna mnt 6 | 140 m | 24 | €3.30 | €0.67 | – | no | 2025 |
| Energia tn 5 | 150 m | 44 | – | €0.65 | €5 | no | 2025 |
| Energia tn 3 | 190 m | 40 | €3.49 | €1.01 | – | no | 2025 |
| A. Puškini tn 21 | 190 m | 48 | – | €0.74 | – | no | 2025 |
| Tallinna mnt 8 | 190 m | 28 | – | – | – | no | 2025 |
| Neighbours' median | €3.56 | €0.99 | – |
What owners pay for
Fees by type in 2025, as written in the report. "Average flat" = amount ÷ 32 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 | €17 097 | €0.85 | €45 | €16 549 |
| Elamu remondikuludsaved in the repair fund for future works | saved in the repair fund for future works | €4 912 | €0.24 | €13 | €2 150 |
| Remondirasud laenukulude katteksrepays the association's loan and interest | repays the association's loan and interest | €0 | €0.00 | €0 | €4 822 |
| Maja renoveeriminesaved in the repair fund for future works | saved in the repair fund for future works | €137 835 | €6.87 | €359 | €0 |
| Laen ja intressrepays the association's loan and interest | repays the association's loan and interest | €7 896 | €0.39 | €21 | €0 |
| Total | €167 740 | €8.36 | €437 |
Fee names as written in the report.
Compared with Kerese linnaosa 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: €4 539 = €2.71/m² ≈ €142 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.
€182 729 outstanding at the end of 2025 ≈ €5 710 per flat
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 | €167 740 | €23 521 | €20 356 | €21 848 | ×7.7 |
| of which repair fund | €4 912 | €2 150 | €1 140 | – | ×4.3 |
| Collected into the repair fund | €151 207 | – | – | – | – |
| Repair spending | €146 357 | €6 972 | €5 962 | €8 477 | ×17.3 |
| Repair fund balance | €4 539 | €0 | – | – | – |
| Loan balance | €182 729 | €2 777 | €7 293 | €11 552 | ×15.8 |
| Cash | €6 740 | €12 901 | €14 053 | €12 823 | −47% |
| Reserve capital | €3 967 | €3 967 | €3 967 | €3 967 | ≈ |
| Association expenses (income statement) | €164 498 | €26 424 | €20 719 | €22 064 | ×7.5 |
| Result for the year | −€668 | −€2 372 | −€85 | €704 | – |
* 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.
Narva linn, P.Kerese tn 6 korteriühistu ( reg. 80183301) iseseivalt tegutseb alates veebruari 2003.a.
members: 31 private + 1 companies.
See also
Frequently asked questions
What are the running costs of the P. Kerese tn 6 apartment association?
Per the association's 2025 annual report: a typical flat paid €175 a month; the association's own fees excluding utilities €8.36/m² per month.
How big is the repair fund of the P. Kerese tn 6 apartment association?
The repair fund held €4 539 at the end of 2025 (€2.71/m², ≈ €142 per flat). In 2024 it was €0.
Does the P. Kerese tn 6 apartment association have a loan?
Yes. The loan balance at the end of 2025 was €182 729 (≈ €5 710 per flat). The loan stays with the building when a flat is sold; repayments are part of the monthly fees.
Have the fees of the P. Kerese tn 6 apartment association gone up?
Member fees totalled €21 848 in 2022 and €167 740 in 2025 — a change of +668%. Latest year: +613% vs 2024.
How does the P. Kerese tn 6 apartment association compare with neighbouring buildings?
There are 20 associations with reports on the same street and within 500 m. Their median: total costs €3.32/m² per month; repair fund €9.55/m² (here €2.71/m²).
How big is the P. Kerese tn 6 apartment association and who manages it?
32 flats. Registry code 80183301; 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 1 672 m².