Apartment association · Keila linn
Paldiski mnt 38 apartment association
Keila linn, Paldiski mnt 38 korteriühistu (registry code 80198418) manages a 3-storey brick building built in 1968 with 30 flats. According to its 2025 annual report, the association's long-term liabilities were €37,605 (€50 per m² of flat space) and it held €7,550 in cash. Long-term liabilities have fallen 61% since 2019.
Board
- CVCaspar Viitameesboard member8 years 2 months
- IOIgor Onkelboard member8 years 9 monthsalso: Allika tn 3, Allika tn 5, Jaama tn 3, Kase tn 12 + 11 more
- VGVitali Gorbunovboard member8 years 2 monthsalso: Erika tn 5a, Puhangu tn 12, Päevalille tn 9, Õismäe tee 72
- 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 · professional manager
Building
- Built
- 1968
- Storeys
- 3
- Construction
- brick
- Flats
- 30
- 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.
- Facade
- Roof
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Kortermaja fassaad on soojustatud ja renoveeritud.“ · ad of 1 flat
- A
- B
- CCvalid until 05.02.2024
- D
- E
- F
- G
- H
Building page: Paldiski mnt 38 →
Compared with similar buildings: Keila linn, built 1963–1973, brick (23 associations).
Finances by year
Loan principal repayment is an estimated €1.10 per m² of flat space a month, about €55 a month for a 50 m² flat (interest not included) — more than 89% of associations repaying a loan. The median is €0.52 in Estonia and €0.64 in Keila linn. At the current pace the loan will be repaid around 2029.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €37,605 | €13,391 | €7,550 | €21,903 | €4,922 |
| 2024 | €51,951 | €12,555 | €6,797 | €15,440 | €4,071 |
| 2023 | €57,575 | €11,576 | €3,552 | €28,984 | €4,071 |
| 2022 | €76,499 | €11,634 | €12,212 | €14,304 | €3,935 |
| 2021 | €80,738 | €11,109 | €8,541 | €18,799 | €3,736 |
| 2020 | €89,372 | €10,785 | €6,328 | €16,116 | €3,736 |
| 2019 | €96,440 | €11,840 | €4,850 | €12,637 | €4,477 |
Compared with similar buildings (Keila linn, built 1963–1973, brick; 23 associations), long-term liabilities per m² of flat space are higher than 61% of them. The median for buildings with a loan is €53/m².
Flats in this building
1 flat was offered for rent at €425 a month.
Estate agents in Keila · Flat prices in Keila
Estate agents who have offered flats in this building
- Kristel KaskMaison Invest OÜ1 flat
What is your flat worth?
An estimate for a flat at Paldiski mnt 38 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Paldiski mnt 361968 · 18 flats | €39,578 | €7,180 | 2025 |
| C | Paldiski mnt 461974 · 28 flats | €0 | €26,320 | 2025 |
| B | Paldiski mnt 341982 · 12 flats | €0 | €14,632 | 2025 |
| A | Paldiski mnt 481974 · 28 flats | €56,646 | €26,741 | 2025 |
| A | Vasara tn 1522 flats | €0 | €3,831 | 2025 |
| A | Vasara põik 21981 · 18 flats | €78,884 | €8,316 | 2025 |
| A | Vasara tn 111983 · 12 flats | €52,021 | €5,443 | 2025 |
| C | Paldiski mnt 501975 · 28 flats | €16,957 | €14,972 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €37,605 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 €7,550.
When was the building built?
According to the building register, it was first used in 1968 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Caspar Viitamees, Igor Onkel, Vitali Gorbunov (board since 05.01.2018).
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.