Apartment association · Pärnu linn

J. V. Jannseni tn 31 apartment association

Pärnu linn, J. V. Jannseni tn 31 korteriühistu (registry code 80249110) manages a 2-storey brick building built in 1959 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €3,225 (€7 per m² of flat space) and it held €4,001 in cash. Long-term liabilities have fallen 81% since 2019.

Board

  • VMVeiko Mahlakasboard member8 years 9 months
E
Association grade
E · weak
Pärnu linn: ranked 664 of 675 graded associations.
House conditionweak
age, energy class and works done
Loan affordabilityaverage
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Built
1959
Storeys
2
Construction
brick
Flats
8
Lift
no
Heating
stove

Building page: J. V. Jannseni tn 31 →

Long-term liabilities
€3,225
as of 31.12.2025
Liabilities per m²
€7
similar buildings with a loan €74
Cash
€4,001
€9/m² · similar €12/m²
Income per m² a month
€0.05
similar buildings €1.12

Compared with similar buildings: Pärnu linn, built 1954–1964, brick (57 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
38 €/m²201933 €/m²202028 €/m²202123 €/m²202218 €/m²202312 €/m²20247 €/m²2025

Loan principal repayment is an estimated €0.43 per m² of flat space a month, about €22 a month for a 50 m² flat (interest not included) — less than 61% of associations repaying a loan. The median is €0.52 in Estonia and €0.48 in Pärnu linn. At the current pace the loan will be repaid around 2027.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€3,225€4,916€4,001€287—
2024€5,491€4,972€3,408€1,006—
2023€7,858€4,311€3,299€678—
2022€10,148€4,679€3,228€0—
2021€12,449€4,249€2,794€0—
2020€14,704€3,875€2,646€1—
2019€16,847€3,569€1,995€20—

Compared with similar buildings (Pärnu linn, built 1954–1964, brick; 57 associations), long-term liabilities per m² of flat space are higher than 42% of them. The median for buildings with a loan is €74/m².

Flats in this building

2 flats were offered for rent at €450–€490 a month.

Estate agents in Ülejõe · Flat prices in Ülejõe

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An estimate for a flat at J. V. Jannseni tn 31 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–J. V. Jannseni tn 301999 · 4 flatsno reports
BJ. V. Jannseni tn 251975 · 45 flats€97,109€14,2832025
–J. V. Jannseni tn 341879 · 5 flatsno reports
–Havi tn 11959 · 4 flatsno reports
CHavi tn 2b1963 · 4 flats€108,972€5,2632025
DJ. V. Jannseni tn 231954 · 9 flats€0€5,8262025
–J. V. Jannseni tn 381999 · 9 flatsno reports
CHavi tn 1a1968 · 17 flats€0€16,8382025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €3,225 of long-term liabilities. The report's key figures do not separate a bank loan from a renovation grant — the association's own statement gives the exact loan balance.

How much cash does the association have?

At the end of 2025 the association held €4,001.

When was the building built?

According to the building register, it was first used in 1959 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Veiko Mahlakas (board since 07.01.2018).

How is the association grade calculated?

The A–E grade is built from public data and compares the association with all apartment associations in Estonia. House condition (40%) takes the building's age into account – a new house needs no renovation – along with the energy certificate and the works on the building that its flats' sale ads describe (sellers' and brokers' unverified claims) – the more works (facade, roof, pipes, heating and so on), the better; in an older building, a loan taken for renovation also counts as investment. Loan affordability (30%) shows how many years of income the long-term liabilities equal – up to three years is entirely normal. Cash buffer (10%) is cash per m² of flat space averaged over the last three year-ends: without a loan a bigger buffer is better; with a loan a moderate one is enough. Management (20%) shows whether the last three years' reports were filed, and on time, with extra points for a professional manager. A loan is not bad in itself: in an older building it usually means the house has been renovated. The grade is updated weekly.

Where does the data come from?

Finances: business register open data (annual-report key figures, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.