Apartment association · Võru linn

F. R. Kreutzwaldi tn 2 apartment association

Võru linn, F. R. Kreutzwaldi tn 2 korteriühistu (registry code 80516048) manages a 2-storey wooden building built in 1914 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €197,279 (€354 per m² of flat space) and it held €191,140 in cash. In 2025 long-term liabilities rose from €0 to €197,279 — usually a sign of a renovation.

Board

The association is run by Võru Kinnisvara Oü.

E
Association grade
E · weak
Võru linn: ranked 170 of 171 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilityweak
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
1914
Storeys
2
Construction
wood
Flats
12
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • C
  • D
  • E
  • FFvalid until 22.10.2034
  • G
  • H

Building page: F. R. Kreutzwaldi tn 2 →

Long-term liabilities
€197,279
as of 31.12.2025
Liabilities per m²
€354
similar buildings with a loan €63
Cash
€191,140
€343/m² · similar €27/m²
Income per m² a month
€1.15
similar buildings €1.12

Compared with similar buildings: Võru linn (171 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²20230 €/m²2024354 €/m²new loan2025
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€197,279€231,064€191,140€7,675€0
2024€0€61,515€58,290€4,576€0
2023€0€35,320€35,251€3,271€0
2022€0€27,239€27,277€4,264€0
2021€0€21,686€21,340€6,697€0
2020€0€17,149€16,787€4,635€0
2019€0€11,382€11,035€4,450€0

Compared with similar buildings (Võru linn; 171 associations), long-term liabilities per m² of flat space are higher than 96% of them. The median for buildings with a loan is €63/m².

Flats in this building

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

What is your flat worth?

An estimate for a flat at F. R. Kreutzwaldi tn 2 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–F. R. Kreutzwaldi tn 41935 · 6 flatsno reports
–Karja tn 261935 · 5 flatsno reports
–Karja tn 211938 · 3 flatsno reports
CF. R. Kreutzwaldi tn 51900 · 6 flats€0€11,4732025
–F. R. Kreutzwaldi tn 61954 · 4 flatsno reports
–Karja tn 171900no reports
–Tallinna mnt 3/31983no reports
–Karja tn 321917 · 4 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €197,279 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 €191,140.

When was the building built?

According to the building register, it was first used in 1914 and has 2 storeys.

Who is on the association's board?

According to the business register, the association is run by Võru Kinnisvara Oü.

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.