Apartment association · Põlva linn, Põlva vald

Aasa tn 7 apartment association

Põlva vald, Põlva linn, Aasa tn 7 korteriühistu (registry code 80078430) manages a 3-storey panel building built in 1992 with 24 flats. According to its 2025 annual report, the association's long-term liabilities were €66,642 (€44 per m² of flat space) and it held €27,542 in cash. In 2021 long-term liabilities rose from €0 to €115,740 — usually a sign of a renovation.

Board

B
Association grade
B · good
Põlva vald: ranked 35 of 134 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
1992
Storeys
3
Construction
panel
Flats
24
Lift
no
Heating
district heating

Building page: Aasa tn 7 →

Long-term liabilities
€66,642
as of 31.12.2025
Liabilities per m²
€44
similar buildings with a loan €87
Cash
€27,542
€18/m² · similar €15/m²
Income per m² a month
€0.85
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 €/m²202076 €/m²new loan202168 €/m²202261 €/m²202353 €/m²202444 €/m²2025

Loan principal repayment is an estimated €0.66 per m² of flat space a month, about €33 a month for a 50 m² flat (interest not included) — more than 65% of associations repaying a loan. The median is €0.52 in Estonia and €0.65 in Põlva vald. At the current pace the loan will be repaid around 2031.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€66,642€46,342€27,542€15,562€0
2024€80,581€36,405€18,213€8,059€0
2023€93,385€16,876€1,098€16,971€760
2022€104,218€18,192€5,207€9,610€1,303
2021€115,740€15,269€11,273€16,332€1,303
2020€0€2,388€6,073€6,660€1,303
2019€0€2,159€5,760€6,660€1,303

Compared with similar buildings (Põlva vald, built 1987–1997, panel; 17 associations), long-term liabilities per m² of flat space are higher than 41% 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 €938–€938 per m².

Estate agents who have offered flats in this building

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An estimate for a flat at Aasa tn 7 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DPiiri tn 12Põlva linn1984 · 60 flats€408,818€109,2502025
–Toominga tn 2Põlva linn1994 · 8 flatsno reports
DPiiri tn 18Põlva linn1986 · 60 flats€575,808€43,1242025
APiiri tn 14Põlva linn1983 · 30 flats€36,471€40,5272025
CPiiri tn 10Põlva linn1983 · 30 flats€0€2,9912025
DAasa tn 5Põlva linn1992 · 35 flats€856,427€36,6782025
APiiri tn 16Põlva linn1985 · 30 flats€0€58,4962025
EPiiri tn 8Põlva linn1981 · 30 flats€443,389€9,2332025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €66,642 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 €27,542.

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 Andres Neerot, Kaili Kuuse, Karin Kivi (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.