Apartment association · Pärnu linn

Oja tn 116 apartment association

Pärnu linn, Oja tn 116 korteriühistu (registry code 80168713) manages a 5-storey brick building built in 1977 with 55 flats. According to its 2025 annual report, the association's long-term liabilities were €518,228 (€194 per m² of flat space) and it held €28,267 in cash. In 2022 long-term liabilities rose from €59,815 to €581,641 — usually a sign of a renovation.

Board

D
Association grade
D · below average
Pärnu linn: ranked 556 of 675 graded associations.
House conditiongood
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 · professional manager

Building

Built
1977
Storeys
5
Construction
brick
Flats
55
Lift
no
Heating
district heating
Renovated
2023

Works on the building

Reconstructed in 2023: Täisrekonstrueerimine

per the building register's energy certificate

Energy class has improved: D (2020) → B (2025)

per the building register

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.

The building has been fully renovated
  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Kortermaja on renoveeritud ja soojustatud“ · ad of 1 flat
  • „Soojustatud fassaad ja katus“ · ad of 1 flat
  • „Uus soojasõlm“ · ad of 1 flat
  • „Soojustagastusega tsentraalne ventilatsioon“ · ad of 1 flat
  • „Paigaldatud uued kolmekordsed pakettaknad“ · ad of 1 flat
Energy class
  • A
  • BBvalid until 06.01.2035
  • C
  • DD2020
  • E
  • F
  • G
  • H

Building page: Oja tn 116 →

Long-term liabilities
€518,228
as of 31.12.2025
Liabilities per m²
€194
similar buildings with a renovation loan €103
Cash
€28,267
€11/m² · similar €9/m²
Income per m² a month
€0.68
similar buildings €1.18

Compared with similar buildings: Pärnu linn, built 1972–1982, brick (40 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
1 €/m²20190 €/m²202022 €/m²new loan2021218 €/m²new loan2022213 €/m²2023205 €/m²2024194 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.68 per m² of flat space a month, about €34 a month for a 50 m² flat (interest not included) — more than 67% 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 2049.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€518,228€66,441€28,267€21,632€8,611
2024€545,898€67,799€22,388€18,880€7,080
2023€567,595€68,125€18,834€19,644€7,073
2022€581,641€60,368€24,240€999,556€6,441
2021€59,815€56,365€24,792€131,813€6,106
2020€0€20,284€21,211€34,578€5,256
2019€3,694€19,600€28,702€21,150€4,479

Compared with similar buildings (Pärnu linn, built 1972–1982, brick; 40 associations), long-term liabilities per m² of flat space are higher than 80% of them. The median for buildings with a loan is €95/m².

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €1,743–€1,793 per m². 3 flats were offered for rent at €280–€490 a month.

Estate agents in Rääma · Flat prices in Rääma

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Oja tn 116 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BOja tn 11859 flats€0€10,6812025
ALiblika tn 81992 · 40 flats€320,047€32,0212025
COja tn 611974 · 12 flats€30,586€11,8882025
COja tn 591970 · 12 flats€48,911€6,5382025
ARohu tn 1071973 · 85 flats€0€149,4802025
AOja tn 1141976 · 96 flats€34,245€35,9602025
BOja tn 1201999 · 55 flats€0€42,7542025
COja tn 571969 · 12 flats€28,961€4,2992025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €518,228 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 €28,267.

When was the building built?

According to the building register, it was first used in 1977 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Konstantin Nevidemski, Külli Kolberg, Piret Kuldkepp-Tulper, Rutmar Nurm (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.