Apartment association · Sauga alevik, Tori vald

Hirvela tn 22 apartment association

Tori vald, Sauga alevik, Hirvela tn 22 korteriühistu (registry code 80271078) manages a 3-storey brick building built in 2006 with 13 flats. According to its 2024 annual report, the association's long-term liabilities were €42,377 (€57 per m² of flat space) and it held €9,688 in cash. In 2024 long-term liabilities rose from €0 to €42,377 — usually a sign of a renovation.

Board

  • SLSilver Langboard member8 months
B
Association grade
B · good
Tori vald: ranked 36 of 108 graded associations.
House conditiongood
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
Managementweak
reports filed on time

Building

Built
2006
Storeys
3
Construction
brick
Flats
13
Heating
district heating
Long-term liabilities
€42,377
as of 30.06.2025
Liabilities per m²
€57
similar buildings with a loan €22
Cash
€9,688
€13/m² · similar €13/m²
Income per m² a month
€1.87
similar buildings €1.02

Compared with similar buildings: Tori vald, built 2001–2011 (17 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²202357 €/m²new loan2024
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€42,377€58,393€9,688€16,834€0
2023€0€14,823€14,925€5,448€0
2022€0€5,065€14,186€9,891€0
2021€0€6,808€15,382€9,092€0
2020€0€9,565€11,100€3,488€0
2019€0€8,977€17,697€3,151-€34

Compared with similar buildings (Tori vald, built 2001–2011; 17 associations), long-term liabilities per m² of flat space are higher than 94% of them. The median for buildings with a loan is €22/m².

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €1,746–€1,825 per m².

Estate agents who have offered flats in this building

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An estimate for a flat at Hirvela tn 22 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BHirvela tn 24Sauga alevik2006 · 13 flats€0€15,2392024
AHirvela tn 20Sauga alevik2007 · 13 flats€0€5,4342025
AHirvela tn 18Sauga alevik2007 · 13 flats€22,999€1,7192025
AHirvela tn 26Sauga alevik2006 · 13 flats€0€9,1952025
AHirvela tn 16Sauga alevik2007 · 13 flats€0€11,8082025
AHirvela tn 13Sauga alevik2023 · 20 flats€0€1,0552025
AHirvela tn 11Sauga alevik2021 · 20 flats€0€5,4112025
AHirvela tn 14Sauga alevik2007 · 13 flats€1,699€5,1112025

Frequently asked questions

Does the association have a loan?

According to its 2024 report, the association has €42,377 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 2024 the association held €9,688.

When was the building built?

According to the building register, it was first used in 2006 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Silver Lang (board since 10.02.2026).

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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.