Apartment association · Lagedi alevik, Rae vald

Betooni tn 8 apartment association

Rae vald, Lagedi alevik, Betooni tn 8 korteriühistu (registry code 80412700) manages a 2-storey brick building built in 1970 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €33,432 (€98 per m² of flat space) and it held €7,465 in cash. Long-term liabilities have fallen 36% since 2019.

Board

  • RBRene Bakhoffboard member2 years 7 months
C
Association grade
C · average
Rae vald: ranked 192 of 216 graded associations.
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
Managementaverage
reports filed on time

Building

Built
1970
Storeys
2
Construction
brick
Flats
8
Lift
no
Heating
stove
Energy class
  • A
  • B
  • C
  • D
  • EEvalid until 20.02.2034
  • F
  • G
  • H

Building page: Betooni tn 8 →

Long-term liabilities
€33,432
as of 31.12.2025
Liabilities per m²
€98
similar buildings with a loan €98
Cash
€7,465
€22/m² · similar €28/m²
Income per m² a month
€1.03
similar buildings €0.89

Compared with similar buildings: Rae vald, built 1965–1975, brick (16 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
154 €/m²2019155 €/m²2020144 €/m²2021140 €/m²2022136 €/m²2023130 €/m²202498 €/m²2025

Loan principal repayment is an estimated €0.45 per m² of flat space a month, about €23 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 €0.45 in Rae vald. At the current pace the loan will be repaid around 2044.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€33,432€12,168€7,465€4,190€0
2024€44,136€3,506€6,826€1,681€0
2023€46,139€2,951€5,810€7,220€0
2022€47,476€3,349€5,015€5,929€0
2021€49,107€3,330€3,425€6,070€0
2020€52,563€3,188€1,903€7,829€0
2019€52,363€6,692€2,526€15,416€0

Compared with similar buildings (Rae vald, built 1965–1975, brick; 16 associations), long-term liabilities per m² of flat space are higher than 69% of them. The median for buildings with a loan is €98/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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An estimate for a flat at Betooni tn 8 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Betooni tn 6Lagedi alevik1964 · 4 flatsno reports
–Betooni tn 10Lagedi alevik1968 · 8 flats€0€4,0362020
–Betooni tn 13Lagedi alevik2000 · 2 flatsno reports
DPosti tn 2Lagedi alevik1962 · 12 flats€0€4,9032025
ABetooni tn 15aLagedi alevik1980 · 18 flats€83,643€1412025
–Lille tn 7Lagedi alevik2023 · 6 flatsno reports
–Lille tn 5Lagedi alevik2023 · 6 flats€0€2,6562023
BPosti tn 5Lagedi alevik, Posti tn 41965 · 16 flats€0€43,4932025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €33,432 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 €7,465.

When was the building built?

According to the building register, it was first used in 1970 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Rene Bakhoff (board since 27.02.2024).

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.