Tallinn, Tornimäe tn 3, Tornimäe tn 3b, Tornimäe tn 5, Tornimäe tn 7 korteriühistu
Association of 181 flats. Repair fund has shrunk; small reserve capital.
Tornimäe tn 3, Tornimäe tn 3b, Tornimäe tn 5, Tornimäe tn 7 korteriühistu is a 181-flat apartment association in Kesklinn district, Tallinn (2 buildings). Per its 2025 annual report, a typical flat paid the association €252 a month.
The repair fund held €40 869 at year end; in 2022 it was €89 585. It has no loan. Member fees rose 40% in 2022–2025 (€198 624 → €277 870 a year).
There are 10 associations with reports on the same street and within 500 m; their median is €26/m² of repair fund. Source: the association's annual reports (e-Business Register), floor area from the Building Register.
The association manages: Tallinn, Tornimäe tn 3, Tornimäe 7, Tallinn. Data: the association's annual reports 2022–2025 (e-Business Register), the latest for 2025.
All figures: the association's 2025 annual report; no €/m² because the flats' floor area is unknown; "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
- Repair fund has shrunk€101 939 (2023) → €40 869 (2025), repairs in the period €186 523
- Small reserve capital€20 600 — less than one month of costs (€23 169)
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 10 neighbouring associations (median): fees €3.01 · repair fund €26/m²
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Tornimäe tn 3 (this one) | – | 181 | – | – | – | no | 2025 |
| Tartu mnt 16 | 80 m | 52 | – | – | – | no | 2025 |
| Tartu mnt 16b | 80 m | 25 | – | – | – | no | 2025 |
| Tartu mnt 18 | 90 m | 30 | – | €1.08 | €24 | no | 2025 |
| Tartu mnt 14 | 120 m | 5 | – | – | – | no | 2025 |
| Tartu mnt 25 | 120 m | 11 | – | €8.27 | €43 | no | 2025 |
| Maakri tn 36 | 130 m | 108 | – | – | €32 | €1 368 610 | 2025 |
| Lastekodu tn 1 | 140 m | 55 | – | €1.69 | – | €165 674 | 2025 |
| Liivalaia tn 42 | 160 m | 68 | €4.45 | €2.68 | €5 | €1 775 | 2025 |
| Tartu mnt 10 | 160 m | 22 | – | €3.34 | €29 | €342 223 | 2025 |
| E. Viiralti tn 3 | 180 m | 11 | €4.78 | €3.89 | €2 | €137 759 | 2025 |
| Neighbours' median | – | €3.01 | €26 |
What owners pay for
Fees by type in 2025, as written in the report. "Average flat" = amount ÷ 181 flats ÷ 12; a bigger flat pays more.
| Fee | What it covers | Per year | Average flat / month | Year before |
|---|---|---|---|---|
| Haldustasudbookkeeping, board and property manager | bookkeeping, board and property manager | €14 518 | €7 | €14 518 |
| Heakorratasud | €28 799 | €13 | €28 799 | |
| Tehnohooldusday-to-day upkeep and small fixes | day-to-day upkeep and small fixes | €27 179 | €13 | €27 179 |
| Valvetasud | €84 078 | €39 | €85 206 | |
| Kindlustusbuilding insurance | building insurance | €3 769 | €2 | €3 770 |
| Muud jooksvad kulud | €56 173 | €26 | €33 305 | |
| Riigilõiv | €25 | €0 | €101 | |
| Remonditasudsaved in the repair fund for future works | saved in the repair fund for future works | €63 329 | €29 | €123 194 |
| Total | €277 870 | €128 |
Fee names as written in the report.
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: €40 869 ≈ €226 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.
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 | €277 870 | €316 072 | €198 790 | €198 624 | +40% |
| Collected into the repair fund | €34 774 | €35 582 | €32 962 | – | +5.5% |
| Repair spending | €63 329 | €123 194 | €23 228 | €35 982 | +76% |
| Repair fund balance | €40 869 | €13 519 | €101 939 | €89 585 | −54% |
| Cash | €38 703 | €14 298 | €122 702 | €109 999 | −65% |
| Reserve capital | €20 600 | €20 600 | €20 600 | €20 600 | ≈ |
| Association expenses (income statement) | €278 033 | €319 304 | €202 839 | €201 180 | +38% |
| Result for the year | €2 269 | €20 594 | −€1 346 | €238 | – |
* 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.
Hoonet haldab Kvatro Kinnisvarahalduse.
manager: Kvatro Kinnisvarahalduse · members: 110 private + 74 companies.
See also
Frequently asked questions
What are the running costs of the Tornimäe tn 3 apartment association?
Per the association's 2025 annual report: a typical flat paid €252 a month; member fees of €277 870 a year in total.
How big is the repair fund of the Tornimäe tn 3 apartment association?
The repair fund held €40 869 at the end of 2025. In 2022 it was €89 585.
Does the Tornimäe tn 3 apartment association have a loan?
No. The association had no loan at the end of 2025.
Have the fees of the Tornimäe tn 3 apartment association gone up?
Member fees totalled €198 624 in 2022 and €277 870 in 2025 — a change of +40%. Latest year: −12% vs 2024.
How does the Tornimäe tn 3 apartment association compare with neighbouring buildings?
There are 10 associations with reports on the same street and within 500 m. Their median: repair fund €26/m².
How big is the Tornimäe tn 3 apartment association and who manages it?
181 flats, 2 buildings, managed by Kvatro Kinnisvarahalduse. Registry code 80441391; 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. €/m² is not shown: the flats' floor area in the Building Register is missing, incomplete or shared between associations.