Apartment association · Viimsi alevik, Viimsi vald

Hüatsindi tee 2 // Nelgi põik 1 apartment association

Viimsi vald, Viimsi alevik, Hüatsindi tee 2 // Nelgi põik 1 korteriühistu (registry code 80552943) manages a 2-storey panel building built in 2018 with 38 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €43,811 in cash. The report shows no long-term liabilities.

Board

  • RERuth Emilla Varesboard member7 months
B
Association grade
B · good
Viimsi vald: ranked 72 of 135 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash per m², 3-year average
Managementaverage
reports filed on time

Building

Built
2018
Storeys
2
Construction
panel
Flats
38
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • CCvalid until 21.06.2031
  • D
  • E
  • F
  • G
  • H

The association's buildings (2)

Hüatsindi tee 238 flats, Nelgi põik 140 flats

Long-term liabilities
€0
as of 31.12.2025
Cash
€43,811
€18/m² · similar €6/m²
Income per m² a month
€1.88
similar buildings €0.26

Compared with similar buildings: Viimsi vald, built 2013–2023 (41 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€46,722€43,811€55,235€2,342
2024€0€42,104€37,745€65,264€334
2023€0€40,428€33,542€52,428€0
2022€0€33,411€26,019€39,899€0
2021€0€29,757€17,154€41,029€0
2020€0€17,169€7,043€46,525€0
2019€0€16,954€9,725€42,224€0

Of similar buildings (Viimsi vald, built 2013–2023; 41 associations), 32% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €3,831–€3,831 per m². 2 flats were offered for rent at €700–€1,300 a month.

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Hüatsindi tee 2 // Nelgi põik 1 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AHüatsindi tee 1 // Nelgi tee 5Viimsi alevik2017 · 45 flats€66,406€80,6752025
ANelgi põik 2Viimsi alevik2023 · 46 flats€0€15,9472025
–Nelgi põik 4Viimsi alevik49 flatsno reports
AJasmiini tee 1Viimsi alevik44 flats€0€14,1292025
AJasmiini tee 3Viimsi alevik2025 · 52 flats€0€6,5302025
ANelgi tee 3Viimsi alevik2003 · 49 flats€2,542€7,0202025
BJasmiini tee 6 // 8 // 10Viimsi alevik2010 · 9 flats€0€25,4742024
AJasmiini tee 4Viimsi alevik2022 · 8 flats€29,640€3,0172025

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 €43,811.

When was the building built?

According to the building register, it was first used in 2018 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Ruth Emilla Vares (board since 12.03.2026).

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.