Apartment association · Tallinn

Akadeemia tee 26 apartment association

Tallinn, Akadeemia tee 26 korteriühistu (registry code 80172369) manages a 5-storey panel building built in 1973 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €40,890 in cash. The report shows no long-term liabilities.

Board

  • AOAndreas Olliboard member2 months
  • ANAndrei Naanboard member8 years 9 monthsalso: Valdeku tn 164
  • RKRiivo Kaburboard member8 years 9 months
A
Association grade
A · very good
Tallinn: ranked 677 of 4,374 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash per m², 3-year average
Managementgood
reports filed on time

Building

Built
1973
Storeys
5
Construction
panel
Flats
60
Lift
no
Heating
district heating
Renovated
yes

Works on the building

Energy class has improved: E (2009) → C (2019)

per the building register

Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.

The building has been fully renovated
The ads say
  • „Maja on renoveeritud, mis tähendab elanikele väiksemaid kommunaalkulusid ning kaasaegsemat elukeskkonda.“ · ad of 1 flat
Energy class
  • A
  • B
  • CCvalid until 10.01.2029
  • D
  • E
  • F
  • G
  • H

Building page: Akadeemia tee 26 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€40,890
€15/m² · similar €16/m²
Income per m² a month
€0.76
similar buildings €1.02

Compared with similar buildings: Tallinn, built 1968–1978, panel (372 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
11 €/m²20193 €/m²20200 €/m²20210 €/m²20220 €/m²20230 €/m²20240 €/m²2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€45,450€40,890€24,597€7,581
2024€0€20,576€16,821€47,012€12,209
2023€0€19,558€14,845€55,068€15,174
2022€0€26,562€21,551€29,879€14,627
2021€0€19,757€7,046€30,274€14,541
2020€7,523€36,630€11,401€31,616€13,404
2019€29,519€42,189€16,759€22,519€12,667

Of similar buildings (Tallinn, built 1968–1978, panel; 372 associations), 37% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €2,452–€2,621 per m². 1 flat was offered for rent at €400 a month.

Estate agents in Mustamäe · Flat prices in Mustamäe

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AAkadeemia tee 26a1971 · 60 flats€152,576€40,2862025
CAkadeemia tee 7a1991 · 45 flats€0€18,9802025
AAkadeemia tee 221963 · 80 flats€52,750€170,5742025
–Akadeemia tee 202007no reports
AAkadeemia tee 141963 · 80 flats€67,497€67,8572025
CAkadeemia tee 161964 · 80 flats€0€74,1502025
AAkadeemia tee 381988 · 182 flats€0€90,8292025
AAkadeemia tee 61963 · 80 flats€65,104€58,3122025

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €40,890.

When was the building built?

According to the building register, it was first used in 1973 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Andreas Olli, Andrei Naan, Riivo Kabur (board since 31.12.2017).

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.