Apartment association · Põlva linn, Põlva vald

Aasa tn 5 apartment association

Põlva vald, Põlva linn, Aasa tn 5 korteriühistu (registry code 80062357) manages a 3-storey panel building built in 1992 with 35 flats. According to its 2025 annual report, the association's long-term liabilities were €856,427 (€416 per m² of flat space) and it held €36,678 in cash. In 2024 long-term liabilities rose from €0 to €874,725 — usually a sign of a renovation.

Board

  • ASAin Sammalkiviboard member4 years 4 months
  • AKAive Kolsarboard member8 years 9 months
  • HAHenri Asiboard member4 years 4 monthsalso: Aasa tn 4
D
Association grade
D · below average
Põlva vald: ranked 114 of 134 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilityweak
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementaverage
reports filed on time

Building

Built
1992
Storeys
3
Construction
panel
Flats
35
Lift
no
Heating
district heating
Renovated
2024

Works on the building

Reconstructed in 2024: Terviklik rekonstrueerimine

per the building register's energy certificate

Energy class has improved: D (2021) → A (2026)

per the building register

Energy class
  • AAvalid until 10.02.2036
  • BB2021
  • C
  • D
  • E
  • F
  • G
  • H

Building page: Aasa tn 5 →

Long-term liabilities
€856,427
as of 31.12.2025
Liabilities per m²
€416
similar buildings with a loan €87
Cash
€36,678
€18/m² · similar €15/m²
Income per m² a month
€1.28
similar buildings €0.85

Compared with similar buildings: Põlva vald, built 1987–1997, panel (17 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²2023425 €/m²new loan2024416 €/m²2025

Loan principal repayment is an estimated €0.74 per m² of flat space a month, about €37 a month for a 50 m² flat (interest not included) — more than 73% of associations repaying a loan. The median is €0.52 in Estonia and €0.65 in Põlva vald.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€856,427€25,660€36,678€31,694€0
2024€874,725€17,893€29,386€994,112€0
2023€0€8,978€47,052€26,378€0
2022€0€6,303€29,836€19,680€0
2021€0€4,845€31,859€10,349€800
2020€0€4,040€37,576€37,629€1,200
2019€0€33,565€35,749€8,064€1,200

Compared with similar buildings (Põlva vald, built 1987–1997, panel; 17 associations), long-term liabilities per m² of flat space are higher than 88% of them. The median for buildings with a loan is €87/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €994–€994 per m². 1 flat was offered for rent at €350 a month.

Estate agents who have offered flats in this building

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An estimate for a flat at Aasa tn 5 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
EPiiri tn 8Põlva linn1981 · 30 flats€443,389€9,2332025
EPiiri tn 6Põlva linn1981 · 45 flats€495,246€38,3962025
CPiiri tn 10Põlva linn1983 · 30 flats€0€2,9912025
DPiiri tn 12Põlva linn1984 · 60 flats€408,818€109,2502025
BAasa tn 7Põlva linn1992 · 24 flats€66,642€27,5422025
BPiiri tn 4Põlva linn1979 · 30 flats€0€36,4932025
BAasa tn 3Põlva linn1989 · 30 flats€61,333€26,2702025
AMäe tn 13Põlva linn1971 · 36 flats€393,833€41,6142025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €856,427 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 €36,678.

When was the building built?

According to the building register, it was first used in 1992 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Ain Sammalkivi, Aive Kolsar, Henri Asi (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.