Jõelähtme vald, Loo alevik, Loopargi tee 2 korteriühistu
Association of 23 flats. New loan taken in 2025; sharp rise in association fees: +4 968% (2025); small reserve capital.
Loo alevik, Loopargi tee 2 korteriühistu is a 23-flat apartment association in Jõelähtme vald. Per its 2025 annual report, a typical flat paid the association €261 a month.
The association has a loan of €188 046 (≈ €8 176 per flat), last repayment 2054. Member fees rose 998% in 2022–2025 (€19 722 → €216 617 a year).
Source: the association's annual reports (e-Business Register), floor area from the Building Register.
Building: Loopargi tee 2, Jõelähtme vald. 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 (1 141 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
- New loan taken in 2025outstanding €188 046 — usually for renovation; repayments are part of the fees
- Sharp rise in association fees: +4 968% (2025)€4 274 (2024) → €216 617 (2025)
- Small reserve capital€3 000 — less than one month of costs (€17 715)
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.
Money in and out
When the collected bar is taller the fund grew; when spending is taller, savings were used.
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.
€188 046 outstanding at the end of 2025 ≈ €8 176 per flat
Principal due in the next 12 months €2 838 ≈ €237 a month (€10 per flat, plus interest)
| Lender | Balance | Rate | Ends |
|---|---|---|---|
| – | €188 046 | 5.24% | 2054-10 |
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 | €216 617 | €4 274 | €6 126 | €19 722 | ×11.0 |
| Collected into the repair fund | €9 179 | €3 441 | €3 441 | – | +167% |
| Repair spending | €210 104 | €1 243 | €3 663 | €17 083 | ×12.3 |
| Loan balance | €188 046 | €0 | €0 | – | – |
| Cash | €10 556 | €17 651 | €10 697 | €6 922 | +52% |
| Reserve capital | €3 000 | €852 | €852 | €852 | ×3.5 |
| Association expenses (income statement) | €212 579 | €3 025 | €4 836 | €18 862 | ×11.3 |
| Result for the year | €354 | €1 612 | €1 535 | €1 022 | – |
* 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.
Koostöös arendajaga renoveeriti maja fassaad, loodi loodavate ja olemasolevatele korteritele parkimiskohad, ehitati uus katus ning tehti ettevalmistused minemaks üle korteripõhisele elektriarvestamisele.
members: 14 private.
See also
Frequently asked questions
What are the running costs of the Loopargi tee 2 apartment association?
Per the association's 2025 annual report: a typical flat paid €261 a month; member fees of €216 617 a year in total.
Does the Loopargi tee 2 apartment association have a loan?
Yes. The loan balance at the end of 2025 was €188 046 (≈ €8 176 per flat), interest 5.24%, last repayment 2054. The loan stays with the building when a flat is sold; repayments are part of the monthly fees.
Have the fees of the Loopargi tee 2 apartment association gone up?
Member fees totalled €19 722 in 2022 and €216 617 in 2025 — a change of +998%. Latest year: +4 968% vs 2024.
How big is the Loopargi tee 2 apartment association and who manages it?
23 flats. Registry code 80404734; 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 1 141 m².