Apartment association · Valga linn, Valga vald
Pargi tn 8 apartment association
Valga vald, Valga linn, Pargi tn 8 korteriühistu (registry code 80414514) manages a 3-storey brick building built in 1985 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €7,247 in cash. The report shows no long-term liabilities.
Board
- MKMeinhard Karkusboard member8 years 9 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash bufferaverage
- cash per m², 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 1985
- Storeys
- 3
- Construction
- brick
- Flats
- 12
- Lift
- no
- Heating
- district heating
Compared with similar buildings: Valga vald, built 1980–1990, brick (33 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €0 | €8,567 | €7,247 | €10,784 | — |
| 2024 | €0 | €5,553 | €4,834 | €5,149 | — |
| 2023 | €0 | €5,621 | €2,171 | €6,971 | — |
| 2022 | €2,478 | €10,351 | €4,396 | €3,621 | — |
| 2021 | €10,352 | €5,400 | €4,274 | €17,159 | — |
| 2020 | €3,670 | €1,132 | €4,325 | €4,185 | — |
| 2019 | €3,091 | €1,122 | €3,658 | €3,597 | — |
Of similar buildings (Valga vald, built 1980–1990, brick; 33 associations), 30% have long-term liabilities; this association has none.
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
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| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Pargi tn 10Valga linn1985 · 24 flats | €0 | €28,456 | 2025 |
| – | Jaama pst 9Valga linn1949 · 12 flats | no reports | ||
| C | Jaama pst 11Valga linn1985 · 18 flats | €0 | €13,409 | 2025 |
| C | Jaama pst 13Valga linn1985 · 18 flats | €10,008 | €16,792 | 2025 |
| C | Jaama pst 15Valga linn1985 · 12 flats | €0 | €12,852 | 2025 |
| C | Pargi tn 14Valga linn1985 · 24 flats | €0 | €10,081 | 2025 |
| C | Maleva tn 1Valga linn1985 · 24 flats | €0 | €8,157 | 2025 |
| – | Jaama pst 3Valga linn1949 · 4 flats | €0 | €2,574 | 2023 |
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 €7,247.
When was the building built?
According to the building register, it was first used in 1985 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Meinhard Karkus (board since 08.01.2018).
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.