Apartment association · Risti alevik, Lääne-Nigula vald
Haapsalu mnt 8 apartment association
Lääne-Nigula vald, Risti alevik, Haapsalu mnt 8 korteriühistu (registry code 80531125) manages a 2-storey panel building built in 1967 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €278,584 (€775 per m² of flat space) and it held €7,738 in cash. In 2025 long-term liabilities rose from €0 to €278,584 — usually a sign of a renovation.
Board
- KLKuldar Leppboard member7 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilityweak
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementaverage
- reports filed on time
Building
- Built
- 1967
- Storeys
- 2
- Construction
- panel
- Flats
- 8
- Lift
- no
- Heating
- stove
- AA2024
- B
- C
- D
- E
- FFvalid until 09.07.2034
- G
- H
Building page: Haapsalu mnt 8 →
Compared with similar buildings: Lääne-Nigula vald (63 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €278,584 | €9,204 | €7,738 | €790 | — |
| 2024 | €0 | €1,603 | €62 | €996 | — |
| 2023 | €0 | €110 | €12,431 | €872 | — |
| 2022 | €0 | €75 | €12,461 | €863 | — |
| 2021 | €0 | €64 | €8,814 | €1,001 | — |
| 2020 | €0 | €149 | €4,338 | €863 | — |
| 2019 | €0 | €107 | €619 | €224 | — |
Compared with similar buildings (Lääne-Nigula vald; 63 associations), long-term liabilities per m² of flat space are higher than 98% of them. The median for buildings with a loan is €41/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €800–€800 per m².
Estate agents who have offered flats in this building
- Lääneranna KinnisvaraLääneranna Kinnisvara OÜ1 flat
What is your flat worth?
An estimate for a flat at Haapsalu mnt 8 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Haapsalu mnt 10Risti alevik1979 · 5 flats | no reports | ||
| – | Jaama tn 17Risti alevik1902 · 3 flats | no reports | ||
| C | Vahtra tn 7 // 9Risti alevik1980 · 24 flats | €32,873 | €41,915 | 2025 |
| – | Lihula mnt 5Risti alevik1939 · 10 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €278,584 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 €7,738.
When was the building built?
According to the building register, it was first used in 1967 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Kuldar Lepp (board since 09.03.2026).
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.