Apartment association · Lubja küla, Viimsi vald

Aiandi põik 2 apartment association

Viimsi vald, Lubja küla, Aiandi põik 2 korteriühistu (registry code 80565166) manages a 2-storey block building built in 2019 with 5 flats. According to its 2025 annual report, the association's long-term liabilities were €884 (€1 per m² of flat space) and it held €1,229 in cash.

Board

  • RSRiho Saarboard member5 years
A
Association grade
A · very good
Viimsi vald: ranked 16 of 135 graded associations.
House conditiongood
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
Managementaverage
reports filed on time

Building

Built
2019
Storeys
2
Construction
block
Flats
5
Lift
no
Heating
stove

Building page: Aiandi põik 2 →

Long-term liabilities
€884
as of 31.12.2025
Liabilities per m²
€1
similar buildings with a loan €10
Cash
€1,229
€2/m² · similar €4/m²
Income per m² a month
€0.06
similar buildings €0.19

Compared with similar buildings: Viimsi vald, built 2014–2024, block (17 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20210 €/m²20221 €/m²20231 €/m²20241 €/m²2025
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€884€329€1,229€418€0
2024€877€516€1,398€334€0
2023€400€581€981€0€0
2022€150€473€623€0€0
2021€0€245€245€0€0
2020€0—€0€0€0
2019€0—€0€0—

Compared with similar buildings (Viimsi vald, built 2014–2024, block; 17 associations), long-term liabilities per m² of flat space are higher than 53% of them. The median for buildings with a loan is €10/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Paevälja tee 28Lubja küla2019 · 5 flats€0—2020
–Aiandi põik 4Lubja küla6 flatsno reports
CPaevälja tee 26Lubja küla2021 · 6 flats€0€12025
CPaevälja tee 15Lubja küla2017 · 5 flats€0€1,4652025
–Paevälja tee 24Lubja küla2021 · 6 flatsno reports
–Aiandi põik 6Lubja küla5 flatsno reports
–Vikerkaare tee 11Viimsi alevik2023 · 2 flatsno reports
–Paevälja tee 11Lubja küla2017 · 5 flats€0€2692023

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €884 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 €1,229.

When was the building built?

According to the building register, it was first used in 2019 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Riho Saar (board since 11.10.2021).

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.