Apartment association · Kuressaare linn, Saaremaa vald
Aia tn 68 apartment association
Saaremaa vald, Kuressaare linn, Aia tn 68 korteriühistu (registry code 80098606) manages a 4-storey block building built in 1984 with 40 flats. According to its 2025 annual report, the association's long-term liabilities were €64,021 (€27 per m² of flat space) and it held €59,244 in cash. In 2025 long-term liabilities rose from €41,131 to €64,021 — usually a sign of a renovation.
Board
- JVJanek Vessikboard member3 years 2 months
- LVLeelia Veskisboard member8 years 9 months
- MNMai-Liis Niitboard member3 years 2 months
- MAMari-Liis Ausboard member8 years 9 months
- VMVirge Metsboard member5 years 5 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
- 4
- Construction
- block
- Flats
- 40
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
- A
- B
- C
- D
- EEvalid until 14.04.2035
- F
- G
- H
Compared with similar buildings: Saaremaa vald, built 1979–1989, block (47 associations).
Finances by year
Loan principal repayment is an estimated €0.54 per m² of flat space a month, about €27 a month for a 50 m² flat (interest not included) — about average for 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 2030.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €64,021 | €7,130 | €59,244 | €16,666 | €4,644 |
| 2024 | €41,131 | €4,211 | €45,973 | €32,112 | €5,439 |
| 2023 | €56,429 | €4,784 | €61,937 | €8,471 | €5,543 |
| 2022 | €48,191 | €4,042 | €53,921 | €11,075 | €6,038 |
| 2021 | €42,797 | €3,380 | €49,301 | €5,847 | €5,264 |
| 2020 | €32,464 | €2,666 | €39,913 | €10,802 | €4,662 |
| 2019 | €27,086 | €2,597 | €34,163 | €21,529 | €3,584 |
Compared with similar buildings (Saaremaa vald, built 1979–1989, block; 47 associations), long-term liabilities per m² of flat space are higher than 68% 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 68 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Kihelkonna mnt 2aKuressaare linn1987 · 45 flats | €846,324 | €347,942 | 2025 |
| C | Aia tn 66Kuressaare linn1991 · 38 flats | €0 | €39,055 | 2025 |
| B | Pikk tn 60aKuressaare linn1986 · 60 flats | €0 | €70,095 | 2025 |
| A | Kihelkonna mnt 2Kuressaare linn1988 · 48 flats | €215,413 | €12,985 | 2025 |
| B | Pikk tn 60Kuressaare linn1981 · 75 flats | €0 | €120,473 | 2025 |
| B | Pikk tn 57Kuressaare linn1976 · 55 flats | €118,442 | €32,736 | 2025 |
| A | Aia tn 66a // Kihelkonna mnt 1Kuressaare linn1993 · 31 flats | €37,939 | €23,087 | 2025 |
| A | M. Körberi tn 12Kuressaare linn1989 · 18 flats | €39,979 | €6,008 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €64,021 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 €59,244.
When was the building built?
According to the building register, it was first used in 1984 and has 4 storeys.
Who is on the association's board?
According to the business register, the board members are Janek Vessik, Leelia Veskis, Mai-Liis Niit, Mari-Liis Aus, Virge Mets (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.