Apartment association · Tallinn

Asula tn 12 apartment association

Tallinn, Asula tn 12 korteriühistu (registry code 80317685) manages a 2-storey brick building built in 1961 with 15 flats. According to its 2025 annual report, the association's long-term liabilities were €13,897 (€19 per m² of flat space) and it held €28,382 in cash.

Board

C
Association grade
C · average
Tallinn: ranked 3334 of 4,374 graded associations.
House conditionweak
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 · professional manager

Building

Built
1961
Storeys
2
Construction
brick
Flats
15
Lift
no
Heating
stove

Building page: Asula tn 12 →

Long-term liabilities
€13,897
as of 31.12.2025
Liabilities per m²
€19
similar buildings with a loan €16
Cash
€28,382
€39/m² · similar €18/m²
Income per m² a month
€1.85
similar buildings €1.43

Compared with similar buildings: Tallinn, built 1956–1966, brick (370 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
2 €/m²20194 €/m²20207 €/m²202112 €/m²202217 €/m²202319 €/m²202419 €/m²2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€13,897€4,068€28,382€16,213€0
2024€13,595€4,775€27,288€12,182€0
2023€12,746€4,619€24,513€9,532—
2022€8,486€4,843€17,135€10,054—
2021€4,877€5,697€14,273€7,093—
2020€2,818€3,207€9,377€12,699€0
2019€1,638€2,557€9,783€14,481€0

Compared with similar buildings (Tallinn, built 1956–1966, brick; 370 associations), long-term liabilities per m² of flat space are higher than 59% of them. The median for buildings with a loan is €44/m².

Flats in this building

4 flats were offered for rent at €550–€1,200 a month.

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Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DAsula tn 101949 · 16 flats€0€15,3552025
BAsula tn 141960 · 17 flats€0€3,1532025
AAsula tn 91950 · 30 flats€581,476€34,3832025
BMadli tn 175 flats€0€16,2652025
AAsula tn 17bAsula tn 17a1994 · 37 flats€43,868€46,6692025
AAsula tn 81949 · 22 flats€0€16,7612025
–Asula tn 71950 · 30 flatsno reports
BMagdaleena tn 410 flats€0€3,0982025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €13,897 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 €28,382.

When was the building built?

According to the building register, it was first used in 1961 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Ahti Kurm, Sander Õun, Veiko Aunapuu (board since 17.08.2023).

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.