Apartment association · Viimsi alevik, Viimsi vald

Jasmiini tee 4 apartment association

Viimsi vald, Viimsi alevik, Jasmiini tee 4 korteriühistu (registry code 80594864) manages a 2-storey wooden building built in 2022 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €29,640 (€36 per m² of flat space) and it held €3,017 in cash.

Board

  • HLHelar Luikboard member1 year 3 months
  • RVRainer Vahterboard member3 years 11 monthsalso: Heki tee 2, Vanaküla tn 11
  • SSSiim Suviorgboard member1 year 3 months
A
Association grade
A · very good
Viimsi vald: ranked 4 of 135 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
Managementaverage
reports filed on time

Building

Built
2022
Storeys
2
Construction
wood
Flats
8
Lift
no
Heating
stove
Energy class
  • AAvalid until 09.05.2024
  • B
  • C
  • D
  • E
  • F
  • G
  • H

Building page: Jasmiini tee 4 →

Long-term liabilities
€29,640
as of 31.12.2025
Liabilities per m²
€36
similar buildings with a loan €10
Cash
€3,017
€4/m² · similar €3/m²
Income per m² a month
€0.59
similar buildings €0.23

Compared with similar buildings: Viimsi vald, built 2017–2027 (36 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
26 €/m²202245 €/m²202340 €/m²202436 €/m²2025

Loan principal repayment is an estimated €0.38 per m² of flat space a month, about €19 a month for a 50 m² flat (interest not included) — less than 66% of associations repaying a loan. The median is €0.52 in Estonia. At the current pace the loan will be repaid around 2033.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€29,640€5,658€3,017€5,839€0
2024€33,200€5,473€2,259€6,316€0
2023€37,320€4,753€1,856€5,180€0
2022€21,731€1,452€186€2,316€0

Compared with similar buildings (Viimsi vald, built 2017–2027; 36 associations), long-term liabilities per m² of flat space are higher than 97% of them. The median for buildings with a loan is €10/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €3,246–€3,246 per m².

What is your flat worth?

An estimate for a flat at Jasmiini tee 4 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AJasmiini tee 2Viimsi alevik8 flats€1,084€3,2622025
BJasmiini tee 6 // 8 // 10Viimsi alevik2010 · 9 flats€0€25,4742024
AJasmiini tee 1Viimsi alevik44 flats€0€14,1292025
AJasmiini tee 3Viimsi alevik2025 · 52 flats€0€6,5302025
ANelgi põik 2Viimsi alevik2023 · 46 flats€0€15,9472025
–Nelgi põik 4Viimsi alevik49 flatsno reports
BHüatsindi tee 2 // Nelgi põik 1Viimsi alevik2018 · 38 flats€0€43,8112025
–Gerbera tee 5Viimsi alevik1978 · 2 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €29,640 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 €3,017.

When was the building built?

According to the building register, it was first used in 2022 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Helar Luik, Rainer Vahter, Siim Suviorg (board since 02.11.2022).

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, 2022–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.