Apartment association · Kuressaare linn, Saaremaa vald
Pärna tn 21 apartment association
Saaremaa vald, Kuressaare linn, Pärna tn 21 korteriühistu (registry code 80500840) manages a 2-storey brick building built in 1952 with 19 flats. According to its 2025 annual report, the association's long-term liabilities were €136,815 (€127 per m² of flat space) and it held €54,409 in cash. In 2024 long-term liabilities rose from €30,631 to €142,272 — usually a sign of a renovation.
Board
- MNMarius Nuutboard member5 years 3 monthsalso: Tiigi tn 2 // Tolli tn 12
- House conditionaverage
- age, energy class and works done
- Loan affordabilityweak
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementaverage
- reports filed on time
Building
- Built
- 1952
- Storeys
- 2
- Construction
- brick
- Flats
- 19
- Lift
- no
- Heating
- stove
Compared with similar buildings: Saaremaa vald (277 associations).
Finances by year
Loan principal repayment is an estimated €0.42 per m² of flat space a month, about €21 a month for a 50 m² flat (interest not included) — less than 62% of associations repaying a loan. The median is €0.52 in Estonia and €0.48 in Saaremaa vald. At the current pace the loan will be repaid around 2051.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €136,815 | €75,503 | €54,409 | €1,643 | €2,738 |
| 2024 | €142,272 | €67,515 | €51,821 | €27,201 | €1,841 |
| 2023 | €30,631 | €70,460 | €69,561 | €3,037 | €0 |
| 2022 | €0 | €55,118 | €54,352 | €938 | €595 |
| 2021 | €0 | €38,963 | €38,396 | €1,664 | €425 |
| 2020 | €0 | €23,826 | €22,798 | €1,538 | €277 |
| 2019 | €0 | €12,722 | €11,846 | €548 | — |
Compared with similar buildings (Saaremaa vald; 277 associations), long-term liabilities per m² of flat space are higher than 92% of them. The median for buildings with a loan is €55/m².
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
What is your flat worth?
An estimate for a flat at Pärna tn 21 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Uus tn 36Kuressaare linn1968 · 36 flats | €111,935 | €25,556 | 2025 |
| – | Uus tn 26 // 26aKuressaare linn1880 · 2 flats | no reports | ||
| C | Uus tn 34Kuressaare linn1967 · 32 flats | €0 | €49,817 | 2025 |
| – | Transvaali tn 21Kuressaare linn1939 · 4 flats | no reports | ||
| A | Uus tn 38Kuressaare linn1969 · 36 flats | €0 | €38,408 | 2025 |
| C | Tallinna tn 18Kuressaare linn1970 · 18 flats | €0 | €22,966 | 2025 |
| – | Transvaali tn 28 // 28aKuressaare linn1961 · 1 flats | no reports | ||
| – | Raekoja tn 2 // 2aKuressaare linn1915 · 3 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €136,815 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 €54,409.
When was the building built?
According to the building register, it was first used in 1952 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Marius Nuut (board since 25.06.2021).
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.