Apartment association · Kuressaare linn, Saaremaa vald
Aia tn 66a // Kihelkonna mnt 1 apartment association
Saaremaa vald, Kuressaare linn, Aia tn 66a // Kihelkonna mnt 1 korteriühistu (registry code 80024500) manages a 4-storey panel building built in 1993 with 31 flats. According to its 2025 annual report, the association's long-term liabilities were €37,939 (€20 per m² of flat space) and it held €23,087 in cash. Long-term liabilities have fallen 64% since 2019.
Board
- AVAivo Vikatboard member8 years 9 months
- AJAstrid Jõeäärboard member8 years 9 months
- HSHelmut Sääskboard member8 years 9 months
- KMKaja Mändboard member8 years 9 months
- KJKülli Jaamboard member3 years 3 months
- MRMarek Raudboard member8 years 9 months
- House conditiongood
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 1993
- Storeys
- 4
- Construction
- panel
- Flats
- 31
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
- A
- B
- CCvalid until 26.09.2030
- D
- E
- F
- G
- H
The association's buildings (2)
Aia tn 66a31 flats, Kihelkonna mnt 134 flats
Compared with similar buildings: Saaremaa vald, built 1988–1998 (45 associations).
Finances by year
Loan principal repayment is an estimated €0.27 per m² of flat space a month, about €14 a month for a 50 m² flat (interest not included) — less than 80% 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 2032.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €37,939 | €25,693 | €23,087 | €150,083 | €1,295 |
| 2024 | €51,717 | €24,056 | €80,401 | €19,417 | €719 |
| 2023 | €59,856 | €24,012 | €65,847 | €19,458 | €719 |
| 2022 | €63,852 | €24,396 | €51,359 | €17,069 | €719 |
| 2021 | €67,117 | €22,671 | €34,915 | €35,943 | €719 |
| 2020 | €92,229 | €21,020 | €40,938 | €19,391 | €718 |
| 2019 | €104,228 | €19,109 | €28,488 | €30,746 | €658 |
Compared with similar buildings (Saaremaa vald, built 1988–1998; 45 associations), long-term liabilities per m² of flat space are higher than 80% of them. The median for buildings with a loan is €31/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 66a // Kihelkonna mnt 1 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | M. Körberi tn 12Kuressaare linn1989 · 18 flats | €39,979 | €6,008 | 2025 |
| B | Aia tn 64Kuressaare linn1984 · 24 flats | €55,144 | €4,976 | 2025 |
| A | M. Körberi tn 10Kuressaare linn2024 · 8 flats | €1,287 | — | 2025 |
| A | Kihelkonna mnt 2Kuressaare linn1988 · 48 flats | €215,413 | €12,985 | 2025 |
| C | Aia tn 66Kuressaare linn1991 · 38 flats | €0 | €39,055 | 2025 |
| – | Pikk tn 55 // 55bKuressaare linn1959 · 3 flats | no reports | ||
| – | M. Körberi tn 6Kuressaare linn2020 · 5 flats | no reports | ||
| C | Aia tn 62Kuressaare linn1987 · 18 flats | €0 | €2,060 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €37,939 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 €23,087.
When was the building built?
According to the building register, it was first used in 1993 and has 4 storeys.
Who is on the association's board?
According to the business register, the board members are Aivo Vikat, Astrid Jõeäär, Helmut Sääsk, Kaja Mänd, Külli Jaam, Marek Raud (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.