Apartment association · Tartu linn

Fortuuna tn 1 apartment association

Tartu linn, Fortuuna tn 1 korteriühistu (registry code 80244742) manages a 10-storey reinforced-concrete building built in 1998 with 48 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €14,292 in cash. The report shows no long-term liabilities.

Board

B
Association grade
B · good
Tartu linn: ranked 696 of 1,460 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferweak
cash per m², 3-year average
Managementgood
reports filed on time

Building

Built
1998
Storeys
10
Construction
reinforced concrete
Flats
48
Lift
yes
Heating
district heating

Building page: Fortuuna tn 1 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€14,292
€3/m² · similar €13/m²
Income per m² a month
€1.69
similar buildings €0.94

Compared with similar buildings: Tartu linn, built 1993–2003 (125 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€32,937€14,292€84,272-€18,581
2024€0€28,270€8,004€483,377-€18,433
2023€0€27,892€10,641€127,057-€17,696
2022€0€78,420€57,445€97,171-€15,397
2021€0€37,466€13,556€82,498-€10,800
2020€0€21,995€14,531€91,898-€11,816
2019€0€49,616€39,919€123,977-€16,178

Of similar buildings (Tartu linn, built 1993–2003; 125 associations), 34% 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 €2,333–€2,979 per m². 3 flats were offered for rent at €550–€300,000 a month.

Estate agents in Ülejõe · Flat prices in Ülejõe

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Fortuuna tn 1b2002no reports
–Fortuuna tn 1a€0€12,5382025
AFortuuna tn 52016 · 14 flats€0€16,3892025
APõik tn 162023 · 9 flats€0€3,3972025
AFortuuna tn 111937 · 12 flats€8,992€8,6732025
–Fortuuna tn 21 // 21a2023 · 5 flatsno reports
AFortuuna tn 23 // 23a2020 · 2 flats€0€5,1362025
–Soola tn 81999€0—2025

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 €14,292.

When was the building built?

According to the building register, it was first used in 1998 and has 10 storeys.

Who is on the association's board?

According to the business register, the board members are Mart Moppel, Merli Liivakant, Tea Tuulberg (board since 26.04.2018).

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.