Apartment association · Sillamäe linn

Kajaka tn 24 apartment association

Sillamäe linn, Kajaka tn 24 korteriühistu (registry code 80527750) manages a 2-storey panel building built in 1962 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €22,850 (€40 per m² of flat space) and it held €11,038 in cash. In 2025 long-term liabilities rose from €0 to €22,850 — usually a sign of a renovation.

Board

The association is run by Aktsiaselts MEKE SILLAMÄE.

B
Association grade
B · good
Sillamäe linn: ranked 16 of 162 graded associations.
House conditionaverage
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
Managementgood
reports filed on time · professional manager

Building

Built
1962
Storeys
2
Construction
panel
Flats
12
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • C
  • D
  • E
  • F
  • GG
  • H

Building page: Kajaka tn 24 →

Long-term liabilities
€22,850
as of 31.12.2025
Liabilities per m²
€40
similar buildings with a loan €13
Cash
€11,038
€19/m² · similar €8/m²
Income per m² a month
€4.21
similar buildings €1.17

Compared with similar buildings: Sillamäe linn, built 1957–1967, panel (30 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²20230 €/m²202440 €/m²new loan2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€22,850€2,300€11,038€28,904€0
2024€0€4,664€9,837€5,605€0
2023€0€1,667€4,313€5,422€0
2022€0€1,949€3,677€7,579€0
2021€0€3,917€3,798€3,703€0
2020€0€1,519€979€4,761€0
2019€0€2,118€492€3,542€0

Compared with similar buildings (Sillamäe linn, built 1957–1967, panel; 30 associations), long-term liabilities per m² of flat space are higher than 93% of them. The median for buildings with a loan is €18/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

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An estimate for a flat at Kajaka tn 24 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DKajaka tn 221947 · 8 flats€0€1,2222025
–Kajaka tn 151987 · 136 flatsno reports
CKajaka tn 181960 · 8 flats€0€10,8362025
ARanna tn 131996 · 72 flats€44,720€36,0382025
CRanna tn 121988 · 76 flats€0€6,4922025
ARanna tn 41990 · 80 flats€0€6,0992025
DV. Majakovski tn 181958 · 29 flats€30,369€5,4102025
CV. Majakovski tn 161957 · 56 flats€43,278€48,3762025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €22,850 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 €11,038.

When was the building built?

According to the building register, it was first used in 1962 and has 2 storeys.

Who is on the association's board?

According to the business register, the association is run by Aktsiaselts MEKE SILLAMÄE.

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.