Apartment association · Pärnu linn
Kanali tn 2 apartment association
Pärnu linn, Kanali tn 2 korteriühistu (registry code 80034438) manages a 4-storey brick building built in 1999 with 32 flats. According to its 2025 annual report, the association's long-term liabilities were €314,526 (€239 per m² of flat space) and it held €23,806 in cash. In 2024 long-term liabilities rose from €0 to €327,271 — usually a sign of a renovation.
Board
- KPKelly Pärnasteboard member1 year 1 month
- KMKrister Martikainenboard member4 years 1 month
- MHMarkko Hannovboard member4 years 1 month
- House conditiongood
- 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
- Managementaverage
- reports filed on time
Building
- Built
- 1999
- Storeys
- 4
- Construction
- brick
- Flats
- 32
- Lift
- no
- Heating
- district heating
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.
- „Maja on renoveeritud“ · ad of 1 flat
- A
- B
- C
- D
- EE
- F
- G
- H
Compared with similar buildings: Pärnu linn, built 1994–2004, brick (53 associations).
Finances by year
Loan principal repayment is an estimated €0.81 per m² of flat space a month, about €41 a month for a 50 m² flat (interest not included) — more than 78% 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 2050.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €314,526 | €34,692 | €23,806 | €27,648 | €392 |
| 2024 | €327,271 | €25,168 | €14,494 | €24,842 | €8,856 |
| 2023 | €0 | €47,698 | €31,157 | €18,021 | €1,744 |
| 2022 | €0 | €19,013 | €13,452 | €11,779 | €5,260 |
| 2021 | €0 | €15,029 | €16,395 | €11,829 | €4,187 |
| 2020 | €0 | €12,014 | €14,367 | €8,367 | €3,918 |
| 2019 | €150 | €7,753 | €9,255 | €10,291 | €5,400 |
Compared with similar buildings (Pärnu linn, built 1994–2004, brick; 53 associations), long-term liabilities per m² of flat space are higher than 94% of them. The median for buildings with a loan is €39/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €1,567–€1,567 per m². 2 flats were offered for rent at €380–€400 a month.
Estate agents in Kesklinn · Flat prices in Kesklinn
Estate agents who have offered flats in this building
- Ave HannusLVM Kinnisvara OÜ1 flat
What is your flat worth?
An estimate for a flat at Kanali tn 2 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Kanali tn 2d1986 · 12 flats | €79,887 | €8,764 | 2025 |
| – | Kooli tn 30 | no reports | ||
| C | Kanali tn 2b1985 · 12 flats | €179,120 | €33,359 | 2025 |
| C | Kanali tn 2c1999 · 12 flats | €45,331 | €20,774 | 2025 |
| – | Kooli tn 28 | no reports | ||
| C | Kooli tn 38a1959 · 8 flats | €601 | €4,644 | 2025 |
| C | Karjamaa tn 1c1961 · 8 flats | €107,804 | €4,620 | 2025 |
| – | Riia mnt 1011999 · 3 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €314,526 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 €23,806.
When was the building built?
According to the building register, it was first used in 1999 and has 4 storeys.
Who is on the association's board?
According to the business register, the board members are Kelly Pärnaste, Krister Martikainen, Markko Hannov (board since 25.08.2022).
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.