Apartment association · Tõstamaa alevik, Pärnu linn

Nooruse tn 3 apartment association

Pärnu linn, Tõstamaa alevik, Nooruse tn 3 korteriühistu (registry code 80047493) manages a 3-storey brick building built in 1975 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €105,006 (€118 per m² of flat space) and it held €6,312 in cash. Long-term liabilities have fallen 27% since 2019.

Board

  • EMEnn Martsonboard member8 years 9 monthsalso: Nooruse tn 1
  • LÕLea Õismaaboard member8 years 9 months
A
Association grade
A · very good
Pärnu linn: ranked 137 of 675 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Built
1975
Storeys
3
Construction
brick
Flats
18
Lift
no
Heating
district heating
Renovated
yes

Works on the building

Energy class has improved: E (2016) → C (2020)

per the building register

Energy class
  • A
  • B
  • CCvalid until 11.03.2030
  • D
  • E
  • F
  • G
  • H

Building page: Nooruse tn 3 →

Long-term liabilities
€105,006
as of 31.12.2025
Liabilities per m²
€118
similar buildings with a renovation loan €98
Cash
€6,312
€7/m² · similar €10/m²
Income per m² a month
€1.79
similar buildings €1.02

Compared with similar buildings: Pärnu linn, built 1970–1980, brick (53 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
161 €/m²2019153 €/m²2020146 €/m²2021139 €/m²2022131 €/m²2023125 €/m²2024118 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.53 per m² of flat space a month, about €27 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 2044.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€105,006€6,393€6,312€19,022€0
2024€110,491€7,563€4,168€17,048€0
2023€116,395€7,361€2,404€15,514€0
2022€123,689€5,702€1,893€13,851€0
2021€129,167€6,951€751€17,802€0
2020€136,118€6,774€5,081€13,851€0
2019€142,876€6,589€8,831€12,029€0

Compared with similar buildings (Pärnu linn, built 1970–1980, brick; 53 associations), long-term liabilities per m² of flat space are higher than 77% of them. The median for buildings with a loan is €79/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

What is your flat worth?

An estimate for a flat at Nooruse tn 3 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CNooruse tn 4Tõstamaa alevik1979 · 12 flats€17,722€1,7362025
BNooruse tn 1Tõstamaa alevik1972 · 18 flats€91,826€1,3692025
ANooruse tn 5Tõstamaa alevik1981 · 18 flats€110,282€10,0022025
–Ringi tn 1aTõstamaa alevik1965 · 4 flatsno reports
CNooruse tn 6Tõstamaa alevik1984 · 18 flats€20,852€36,7552025
CNooruse tn 7Tõstamaa alevik1985 · 18 flats€46,088€5,5652025
DMere tn 2Tõstamaa alevik1967 · 12 flats€1€38,7442025
DSadama tee 6Tõstamaa alevik1963 · 4 flats€0€6,2632025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €105,006 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 €6,312.

When was the building built?

According to the building register, it was first used in 1975 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Enn Martson, Lea Õismaa (board since 06.01.2018).

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.