Apartment association · Audru alevik, Pärnu linn

Pärna allee 3 apartment association

Pärnu linn, Audru alevik, Pärna allee 3 korteriühistu (registry code 80267444) manages a 2-storey panel building built in 1965 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €10,878 (€22 per m² of flat space) and it held €11,991 in cash. Long-term liabilities have fallen 67% since 2019.

Board

B
Association grade
B · good
Pärnu linn: ranked 284 of 675 graded associations.
House conditionaverage
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
1965
Storeys
2
Construction
panel
Flats
12
Heating
stove
Energy class
  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • HHvalid until 18.10.2031

Building page: Pärna allee 3 →

Long-term liabilities
€10,878
as of 31.12.2025
Liabilities per m²
€22
similar buildings with a renovation loan €102
Cash
€11,991
€24/m² · similar €12/m²
Income per m² a month
€0.67
similar buildings €1.02

Compared with similar buildings: Pärnu linn, built 1960–1970 (111 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
66 €/m²201962 €/m²202052 €/m²202145 €/m²202237 €/m²202330 €/m²202422 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.63 per m² of flat space a month, about €32 a month for a 50 m² flat (interest not included) — more than 62% 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 2028.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€10,878€14,985€11,991€4,008€1,044
2024€14,784€8,273€6,301€2,172—
2023€18,598€5,928€3,975€2,179—
2022€22,322€4,864€1,896€2,396—
2021€25,960€4,698€1,911€2,420—
2020€30,944€3,006€1,805€3,113—
2019€32,807€4,599€1,835€2,677—

Compared with similar buildings (Pärnu linn, built 1960–1970; 111 associations), long-term liabilities per m² of flat space are higher than 50% of them. The median for buildings with a loan is €79/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

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An estimate for a flat at Pärna allee 3 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
APärna allee 3aAudru alevik1989 · 36 flats€47,092€13,4912025
DPärna allee 2Audru alevik1878 · 14 flats€0€5,9432025
CPargi tn 1Audru alevik1992 · 12 flats€5,184€25,9192025
CPärna allee 4Audru alevik1974 · 12 flats€0€22,3592025
CAia tn 2Audru alevik1984 · 12 flats€0€4,3172025
CPärna allee 6Audru alevik1980 · 12 flats€27,460€2,9622025
CPärna allee 8Audru alevik1992 · 12 flats€0€21,1562025
BPärna allee 10Audru alevik1980 · 12 flats€53,349€26,3342025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €10,878 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 €11,991.

When was the building built?

According to the building register, it was first used in 1965 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Hendrik Meier, Konstantin Nevidemski, Maie Korn (board since 07.01.2018).

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.