Apartment association · Kõima küla, Pärnu linn
Kaare tee 4 apartment association
Pärnu linn, Kõima küla, Kaare tee 4 korteriühistu (registry code 80293619) manages a 3-storey brick building built in 1972 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €11,711 (€19 per m² of flat space) and it held €17,373 in cash. Long-term liabilities have fallen 63% since 2019.
Board
The association is run by AREM 16469928 OÜ.
- A1AREM 16469928 OÜappointed manager1 year 3 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time · professional manager
Building
- Built
- 1972
- Storeys
- 3
- Construction
- brick
- Flats
- 12
- Lift
- no
- Heating
- stove
Works on the building
Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.
- Facade
- Roof
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Värskelt renoveeritud kortermaja sokkel, välisfassaad.“ · ad of 1 flat
Compared with similar buildings: Pärnu linn, built 1967–1977, brick (66 associations).
Finances by year
Loan principal repayment is an estimated €0.40 per m² of flat space a month, about €20 a month for a 50 m² flat (interest not included) — less than 64% 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 2029.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €11,711 | €11,066 | €17,373 | €3,215 | €0 |
| 2024 | €14,711 | €6,121 | €13,999 | €4,604 | — |
| 2023 | €17,298 | €7,845 | €16,174 | €1,478 | — |
| 2022 | €20,276 | €5,325 | €13,018 | €994 | — |
| 2021 | €24,240 | €4,329 | €10,612 | €2,081 | — |
| 2020 | €27,341 | €4,860 | €8,301 | €1,657 | — |
| 2019 | €31,954 | €4,262 | €7,590 | €10,959 | — |
Compared with similar buildings (Pärnu linn, built 1967–1977, brick; 66 associations), long-term liabilities per m² of flat space are higher than 50% of them. The median for buildings with a loan is €73/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €693–€952 per m².
Estate agents who have offered flats in this building
- Anneli PärandEstonia Invest OÜ1 flat
- Egle NõmmEesti Kinnisvara1 flat
- Melissa AaslaidKinnisvarabüroo Uus Maa OÜ1 flat
What is your flat worth?
An estimate for a flat at Kaare tee 4 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Kaare tee 3Kõima küla, Kaare tee 101966 · 12 flats | €103,941 | €7,707 | 2025 |
| B | Kaare tee 2Kõima küla1980 · 12 flats | €181,659 | €9,679 | 2025 |
| – | Keskuse tee 7Kõima küla1964 · 4 flats | no reports | ||
| B | Torni tee 2Kõima küla1994 · 12 flats | €37,826 | €8,529 | 2025 |
| B | Keskuse tee 11Kõima küla1994 · 29 flats | €26,472 | €10,427 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €11,711 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 €17,373.
When was the building built?
According to the building register, it was first used in 1972 and has 3 storeys.
Who is on the association's board?
According to the business register, the association is run by AREM 16469928 OÜ.
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.