Apartment association · Rakvere linn
Kaevu tn 6 apartment association
Rakvere linn, Kaevu tn 6 korteriühistu (registry code 80076135) manages a 2-storey panel building built in 1977 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €332,988 (€489 per m² of flat space) and it held €28,924 in cash. In 2024 long-term liabilities rose from €0 to €342,404 — usually a sign of a renovation.
Board
- AAAhti Alakülaboard member8 years 1 month
- MPMargus Pärsboard member8 years 1 month
- House conditiongood
- age, energy class and works done
- Loan affordabilityweak
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementaverage
- reports filed on time
Building
- Built
- 1977
- Storeys
- 2
- Construction
- panel
- Flats
- 12
- Lift
- no
- Heating
- district heating
Works on the building
Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.
- „Kortermaja on põhjalikult renoveeritud 2022-2023.“ · ad of 1 flat
- A
- B
- C
- D
- EEvalid until 31.12.2032
- F
- G
- H
Compared with similar buildings: Rakvere linn, built 1972–1982, panel (22 associations).
Finances by year
Loan principal repayment is an estimated €0.28 per m² of flat space a month, about €14 a month for a 50 m² flat (interest not included) — less than 78% of associations repaying a loan. The median is €0.52 in Estonia and €0.65 in Rakvere linn.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €332,988 | €36,349 | €28,924 | €15,090 | — |
| 2024 | €342,404 | €124,210 | €46,711 | €4,237 | — |
| 2023 | €0 | €28,089 | €25,925 | €3,809 | — |
| 2022 | €1,387 | €16,386 | €13,842 | €19,214 | — |
| 2021 | €3,693 | €20,382 | €17,276 | €5,650 | — |
| 2020 | €5,950 | €11,475 | €10,026 | €2,376 | — |
| 2019 | €8,148 | €7,501 | €6,369 | €3,784 | — |
Compared with similar buildings (Rakvere linn, built 1972–1982, panel; 22 associations), long-term liabilities per m² of flat space are higher than 91% of them. The median for buildings with a loan is €128/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €1,222–€1,222 per m².
Estate agents in Rakvere · Flat prices in Rakvere
Estate agents who have offered flats in this building
- Swen PahklaKinnisvarabüroo Uus Maa OÜ1 flat
What is your flat worth?
An estimate for a flat at Kaevu tn 6 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Kaevu tn 81982 · 18 flats | €431,025 | €21,218 | 2025 |
| C | Murru tn 31995 · 25 flats | €403,097 | €8,598 | 2025 |
| A | Kaevu tn 101989 · 24 flats | €246,297 | €9,746 | 2025 |
| D | Rägavere tee 411950 · 12 flats | €0 | €27,741 | 2025 |
| D | Piiri tn 8a1948 · 12 flats | €0 | €12,076 | 2025 |
| B | Piiri tn 101994 · 17 flats | €44,394 | €11,200 | 2025 |
| – | Sooserva tn 21989 | no reports | ||
| D | Piiri tn 8b1948 · 12 flats | €0 | €27,001 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €332,988 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 €28,924.
When was the building built?
According to the building register, it was first used in 1977 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Ahti Alaküla, Margus Pärs (board since 07.09.2018).
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.