Apartment association · Lubja küla, Viimsi vald

Alajaama tee 1 apartment association

Viimsi vald, Lubja küla, Alajaama tee 1 korteriühistu (registry code 80533213) manages a 2-storey block building built in 2017 with 4 flats. According to its 2024 annual report, the association's long-term liabilities were €4,459 (€9 per m² of flat space) and it held €3,392 in cash.

Board

  • ISIvan Shebanovboard member7 years
B
Association grade
B · good
Viimsi vald: ranked 59 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
2017
Storeys
2
Construction
block
Flats
4
Heating
stove

Building page: Alajaama tee 1 →

Long-term liabilities
€4,459
as of 31.12.2024
Liabilities per m²
€9
similar buildings with a loan €10
Cash
€3,392
€7/m² · similar €4/m²
Income per m² a month
€0.12
similar buildings €0.21

Compared with similar buildings: Viimsi vald, built 2012–2022, block (16 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20192 €/m²20204 €/m²20215 €/m²20227 €/m²20239 €/m²2024
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€4,459€35€3,392€735€0
2023€3,658€36€3,420€594€0
2022€2,716€37€2,720€620€0
2021€1,800€37€2,185€686€0
2020€950€14€1,202€586€0
2019€0€7€133€256€0

Compared with similar buildings (Viimsi vald, built 2012–2022, block; 16 associations), long-term liabilities per m² of flat space are higher than 63% of them. The median for buildings with a loan is €10/m².

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €2,845–€2,845 per m².

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Alajaama tee 1 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
APaevälja tee 17Lubja küla2017 · 6 flats€0€3,0292025
BAlajaama tee 3Lubja küla2017 · 6 flats€0€6,5502024
CPaevälja tee 15Lubja küla2017 · 5 flats€0€1,4652025
APaevälja tee 13Lubja küla2017 · 7 flats€0€5092025
–Vikerkaare tee 19Viimsi alevik2022 · 2 flatsno reports
–Vikerkaare tee 20Pärnamäe küla2 flatsno reports
–Paevälja tee 11Lubja küla2017 · 5 flats€0€2692023
–Paevälja tee 28Lubja küla2019 · 5 flats€0—2020

Frequently asked questions

Does the association have a loan?

According to its 2024 report, the association has €4,459 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 2024 the association held €3,392.

When was the building built?

According to the building register, it was first used in 2017 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Ivan Shebanov (board since 16.10.2019).

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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.