Apartment association · Saue linn, Saue vald
Pärnasalu tn 32 // Tule tn 12 apartment association
Saue vald, Saue linn, Pärnasalu tn 32 // Tule tn 12 korteriühistu (registry code 80154579) manages a 3-storey brick building built in 1967 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €68,637 (€113 per m² of flat space) and it held €12,975 in cash. Long-term liabilities have fallen 33% since 2019.
Board
- EBEvald Brennerboard member7 years
- TMTarmo Miilboard member8 years 9 months
- TMTiina Mihkelsooboard member8 years 9 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilityaverage
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementaverage
- reports filed on time
Building
- Built
- 1967
- Storeys
- 3
- Construction
- brick
- Flats
- 12
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
- A
- B
- C
- DDvalid until 30.01.2028
- E
- F
- G
- H
Building page: Pärnasalu tn 32 →
Compared with similar buildings: Saue vald, built 1962–1972, brick (36 associations).
Finances by year
Loan principal repayment is an estimated €0.80 per m² of flat space a month, about €40 a month for a 50 m² flat (interest not included) — more than 77% of associations repaying a loan. The median is €0.52 in Estonia and €0.60 in Saue vald. At the current pace the loan will be repaid around 2037.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €68,637 | €16,534 | €12,975 | €6,165 | €0 |
| 2024 | €74,851 | €13,250 | €10,894 | €10,670 | €0 |
| 2023 | €80,566 | €12,586 | €12,409 | €7,058 | €0 |
| 2022 | €84,313 | €11,244 | €9,203 | €7,417 | €0 |
| 2021 | €90,261 | €11,360 | €10,029 | €3,506 | €0 |
| 2020 | €96,138 | €7,489 | €6,776 | €6,960 | €0 |
| 2019 | €101,875 | €7,304 | €4,023 | €5,361 | €0 |
Compared with similar buildings (Saue vald, built 1962–1972, brick; 36 associations), long-term liabilities per m² of flat space are higher than 86% of them. The median for buildings with a loan is €59/m².
Flats in this building
1 flat was offered for rent at €380 a month.
Estate agents who have offered flats in this building
- Ruth HõbesaluRHV Kinnisvara OÜ2 flats
What is your flat worth?
An estimate for a flat at Pärnasalu tn 32 // Tule tn 12 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Tule tn 14Saue linn1969 · 16 flats | €24,061 | €6,721 | 2025 |
| B | Pärnasalu tn 30aSaue linn2017 · 14 flats | €0 | €4,071 | 2025 |
| – | Pärnasalu tn 30Saue linn1982 · 4 flats | no reports | ||
| C | Tule tn 16Saue linn1972 · 16 flats | €0 | €33,642 | 2025 |
| D | Tule tn 18Saue linn1973 · 16 flats | €0 | €27,202 | 2025 |
| D | Pärnasalu tn 28Saue linn1966 · 8 flats | €0 | €15,572 | 2024 |
| C | Pärnasalu tn 36Saue linn1963 · 6 flats | €0 | €30,800 | 2025 |
| C | Pärnasalu tn 26Saue linn1960 · 8 flats | €0 | €31,478 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €68,637 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 €12,975.
When was the building built?
According to the building register, it was first used in 1967 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Evald Brenner, Tarmo Miil, Tiina Mihkelsoo (board since 30.12.2017).
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.