Apartment association · Tallinn

Pallasti tn 16 apartment association

Tallinn, Pallasti tn 16 korteriühistu (registry code 80279016) manages a 6-storey reinforced-concrete building built in 1997 with 65 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €36,619 in cash. The report shows no long-term liabilities.

Board

  • NANils-Gregory Aerboard member1 year 1 month
  • RSRoman Shaitorboard member1 year 1 month
Pallasti tn 16 – the building from outside
Photo: from a UUS MAA, KV.EE ad
A
Association grade
A · very good
Tallinn: ranked 1046 of 4,374 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash per m², 3-year average
Managementaverage
reports filed on time

Building

Built
1997
Storeys
6
Construction
reinforced concrete
Flats
65
Lift
yes
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.

The building has been fully renovated2007
The ads say
  • „Maja on ehitatud 1997. aastal ja renoveeritud 2007.“ · ads of 2 flats
Energy class
  • A
  • BB
  • C
  • D
  • E
  • F
  • G
  • H

Building page: Pallasti tn 16 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€36,619
€9/m² · similar €14/m²
Income per m² a month
€1.41
similar buildings €1.83

Compared with similar buildings: Tallinn, built 1992–2002, reinforced concrete (24 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
4 €/m²20196 €/m²20207 €/m²20210 €/m²20220 €/m²20230 €/m²20240 €/m²2025
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€46,862€36,619€70,439€4,246
2024€0€68,056€48,702€41,385€4,454
2023€0€67,042€48,406€38,448€4,454
2022€0€59,270€44,685€34,538€4,454
2021€26,994€23,205€30,331€34,947€3,648
2020€23,393€14,326€30,138€31,856€2,544
2019€18,007€12,354€24,543€39,822€2,087

Of similar buildings (Tallinn, built 1992–2002, reinforced concrete; 24 associations), 46% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 5 flats have been for sale in this building, asking €2,747–€3,286 per m². 5 flats were offered for rent at €600–€950 a month.

Estate agents in Sikupilli · Flat prices in Sikupilli

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Pallasti tn 211964no reports
CMajaka tn 211961 · 32 flats€0€44,9802025
BMajaka tn 231961 · 30 flats€0€10,7682025
CMajaka tn 191960 · 32 flats€42,101€23,3322025
BPallasti tn 231993 · 34 flats€6,090€13,0032025
DMajaka tn 251940 · 32 flats€0€16,5642025
DMajaka tn 271961 · 60 flats€0€33,3022025
CMajaka tn 171962 · 32 flats€150,149€13,1502025

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €36,619.

When was the building built?

According to the building register, it was first used in 1997 and has 6 storeys.

Who is on the association's board?

According to the business register, the board members are Nils-Gregory Aer, Roman Shaitor (board since 03.09.2025).

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.