Apartment association · Pärnu linn

Niine tn 6 apartment association

Pärnu linn, Niine tn 6 korteriühistu (registry code 80125342) manages a 2-storey reinforced-concrete building built in 1992 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €42,173 (€84 per m² of flat space) and it held €4,613 in cash. In 2021 long-term liabilities rose from €0 to €53,888 — usually a sign of a renovation.

Board

  • UTUrve Tammelaboard member4 years 5 months
E
Association grade
E · weak
Pärnu linn: ranked 667 of 675 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilityweak
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Built
1992
Storeys
2
Construction
reinforced concrete
Flats
8
Lift
no
Heating
district heating

Building page: Niine tn 6 →

Long-term liabilities
€42,173
as of 31.12.2025
Liabilities per m²
€84
similar buildings with a renovation loan €134
Cash
€4,613
€9/m² · similar €12/m²
Income per m² a month
€0.15
similar buildings €0.85

Compared with similar buildings: Pärnu linn, built 1987–1997 (58 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²2020108 €/m²new loan2021102 €/m²202297 €/m²202391 €/m²202484 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.48 per m² of flat space a month, about €24 a month for a 50 m² flat (interest not included) — about average for 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 2040.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€42,173€6,760€4,613€901€0
2024€45,592€5,488€3,298€4,675€0
2023€48,703€7,877€5,357€3,473€0
2022€51,171€9,423€6,259€6,479€0
2021€53,888€13,835€9,963€70,547€261
2020€0€5,841€5,094€3,407€0
2019€0€3,388€2,975€6,203€0

Compared with similar buildings (Pärnu linn, built 1987–1997; 58 associations), long-term liabilities per m² of flat space are higher than 79% of them. The median for buildings with a loan is €55/m².

Flats in this building

1 flat was offered for rent at €590 a month.

Estate agents in Ülejõe · Flat prices in Ülejõe

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An estimate for a flat at Niine tn 6 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Niine tn 41993 · 8 flats€0€4,0072021
BNiine tn 81991 · 8 flats€4,079€13,2932025
–Vastla tn 111927 · 3 flats€0€02022
–Tallinna mnt 641948 · 3 flatsno reports
CKilgi tn 61989 · 12 flats€0€18,4032025
CKilgi tn 81988 · 18 flats€0€21,9262025
CTallinna mnt 87a1985 · 18 flats€0€9,1372025
BTelliskivi tn 221988 · 12 flats€3,768€7,4752025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €42,173 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 €4,613.

When was the building built?

According to the building register, it was first used in 1992 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Urve Tammela (board since 18.05.2022).

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.