Apartment association · Puka alevik, Otepää vald

Ääre tn 6 apartment association

Otepää vald, Puka alevik, Ääre tn 6 korteriühistu (registry code 80013011) 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 €3,485 (€5 per m² of flat space) and it held €4,934 in cash. Long-term liabilities have fallen 36% since 2019.

Board

  • MNMaido Näkkboard member5 years 9 months
  • MFMango Frantzboard member5 years 9 months
  • TKTarmo Koskboard member8 years 9 months
D
Association grade
D · below average
Otepää vald: ranked 47 of 72 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
Managementaverage
reports filed on time

Building

Built
1985
Storeys
3
Construction
brick
Flats
12
Lift
no
Heating
district heating

Building page: Ääre tn 6 →

Long-term liabilities
€3,485
as of 31.12.2025
Liabilities per m²
€5
similar buildings with a loan €39
Cash
€4,934
€7/m² · similar €20/m²
Income per m² a month
€0.21
similar buildings €1.08

Compared with similar buildings: Otepää vald, built 1980–1990 (19 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
8 €/m²20193 €/m²20205 €/m²20214 €/m²20222 €/m²20230 €/m²20245 €/m²2025

Loan principal repayment is an estimated €0.11 per m² of flat space a month, about €6 a month for a 50 m² flat (interest not included) — less than 94% of associations repaying a loan. The median is €0.52 in Estonia and €0.70 in Otepää vald. At the current pace the loan will be repaid around 2029.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€3,485€594€4,934€1,761€0
2024€203€578€3,248€2,858—
2023€1,156€665€3,334€8,027—
2022€3,141€1,902€8,315€2,341—
2021€3,678€4,023€4,626€2,823—
2020€2,399€2,661€2,051€3,071—
2019€5,488€1,489€2,717€2,222—

Compared with similar buildings (Otepää vald, built 1980–1990; 19 associations), long-term liabilities per m² of flat space are higher than 42% of them. The median for buildings with a loan is €39/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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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BÄäre tn 4Puka alevik1985 · 12 flats€115,773€2402025
CÄäre tn 10Puka alevik1984 · 12 flats€9,813€17,1832025
EÄäre tn 5aPuka alevik, Ääre tn 51976 · 12 flats€0€2,5252025
BÄäre tn 12Puka alevik1984 · 24 flats€540,647€13,9912025
–Ääre tn 3bPuka alevik, Ääre tn 3€0€5712025
–Ääre tn 8aPuka alevik, Ääre tn 8€0€18,9172025
DÄäre tn 1Puka alevik1969 · 8 flats€0€2,0532025
–Jaama tn 3Puka alevik1948 · 6 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €3,485 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 €4,934.

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 Maido Näkk, Mango Frantz, Tarmo Kosk (board since 06.01.2018).

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.