Apartment association · Kuressaare linn, Saaremaa vald
Aia tn 64 apartment association
Saaremaa vald, Kuressaare linn, Aia tn 64 korteriühistu (registry code 80065605) manages a 3-storey block building built in 1984 with 24 flats. According to its 2025 annual report, the association's long-term liabilities were €55,144 (€39 per m² of flat space) and it held €4,976 in cash. In 2024 long-term liabilities rose from €0 to €61,538 — usually a sign of a renovation.
Board
- DLDenis Lõkovboard member8 years 9 months
- KLKairit Lindmäeboard member8 years 9 months
- KSKirsti Seppelboard member8 years 9 months
- TATarvo Armusboard member8 years 9 months
- 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
Building
- Built
- 1984
- Storeys
- 3
- Construction
- block
- Flats
- 24
- Lift
- no
- Heating
- district heating
- A
- B
- C
- DD
- E
- F
- G
- H
Compared with similar buildings: Saaremaa vald, built 1979–1989, block (47 associations).
Finances by year
Loan principal repayment is an estimated €0.25 per m² of flat space a month, about €13 a month for a 50 m² flat (interest not included) — less than 81% 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 2038.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €55,144 | €5,961 | €4,976 | €13,859 | €2,278 |
| 2024 | €61,538 | €5,502 | €1,735 | €172,673 | €2,178 |
| 2023 | €0 | €125 | €8,883 | €20,972 | €2,178 |
| 2022 | €0 | €14,430 | €11,198 | €2,561 | €2,178 |
| 2021 | €2,251 | €20,174 | €13,917 | €2,352 | €2,178 |
| 2020 | €8,566 | €8,745 | €10,297 | €9,291 | €2,178 |
| 2019 | €17,237 | €10,129 | €5,983 | €5,446 | €2,262 |
Compared with similar buildings (Saaremaa vald, built 1979–1989, block; 47 associations), long-term liabilities per m² of flat space are higher than 74% 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.
What is your flat worth?
An estimate for a flat at Aia tn 64 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | M. Körberi tn 10Kuressaare linn2024 · 8 flats | €1,287 | — | 2025 |
| – | M. Körberi tn 6Kuressaare linn2020 · 5 flats | no reports | ||
| A | M. Körberi tn 12Kuressaare linn1989 · 18 flats | €39,979 | €6,008 | 2025 |
| C | Aia tn 62Kuressaare linn1987 · 18 flats | €0 | €2,060 | 2025 |
| A | Aia tn 66a // Kihelkonna mnt 1Kuressaare linn1993 · 31 flats | €37,939 | €23,087 | 2025 |
| – | Aia tn 62aKuressaare linn1997 | no reports | ||
| – | M. Körberi tn 4Kuressaare linn1959 · 5 flats | no reports | ||
| E | Pikk tn 52Kuressaare linn1978 · 18 flats | €154,952 | €6,515 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €55,144 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 €4,976.
When was the building built?
According to the building register, it was first used in 1984 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Denis Lõkov, Kairit Lindmäe, Kirsti Seppel, Tarvo Armus (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.