Apartment association · Kunda linn, Viru-Nigula vald

Pargi tn 18 apartment association

Viru-Nigula vald, Kunda linn, Pargi tn 18 korteriühistu (registry code 80121829) manages a 3-storey panel building built in 1961 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €5,168 in cash. The report shows no long-term liabilities.

Board

  • HLHelina Laboboard member3 years 2 months
  • MBMargus Bambergboard member3 years 2 months
D
Association grade
D · below average
Viru-Nigula vald: ranked 73 of 87 graded associations.
House conditionweak
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferweak
cash per m², 3-year average
Managementaverage
reports filed on time

Building

Built
1961
Storeys
3
Construction
panel
Flats
18
Lift
no
Heating
district heating

Building page: Pargi tn 18 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€5,168
€6/m² · similar €13/m²
Income per m² a month
€0.74
similar buildings €0.61

Compared with similar buildings: Viru-Nigula vald, built 1956–1966 (35 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
2 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²20230 €/m²20240 €/m²2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€8,295€5,168€7,189€3,229
2024€0€5,885€3,966€18,385€2,242
2023€0€10,268€5,135€7,716€3,539
2022€0€8,231€1,751€6,035€3,478
2021€0€6,207€260€4,871€1,647
2020€0€3,961€36€5,073€1,685
2019€1,337€2,330€2,534€4,870€1,059

Of similar buildings (Viru-Nigula vald, built 1956–1966; 35 associations), 40% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €387–€500 per m².

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Pargi tn 18 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Tähe tn 4aKunda linn1968 · 8 flatsno reports
EMäe tn 25Kunda linn1960 · 8 flats€0€02025
ETähe tn 2Kunda linn1964 · 8 flats€39,585€8,1642025
–Mäe tn 21Kunda linn1960 · 8 flatsno reports
DPargi tn 10Kunda linn1963 · 24 flats€0€3,9642025
EPargi tn 3Kunda linn1960 · 8 flats€0€712025
DMäe tn 29Kunda linn1960 · 8 flats€0€5562025
CLoode tn 4Kunda linn1963 · 32 flats€0€39,5252025

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 €5,168.

When was the building built?

According to the building register, it was first used in 1961 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Helina Labo, Margus Bamberg (board since 23.08.2023).

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.