Apartment association · Haapsalu linn

Kastani tn 12 apartment association

Haapsalu linn, Kastani tn 12 korteriühistu (registry code 80118684) manages a 5-storey brick building built in 1986 with 70 flats. According to its 2025 annual report, the association's long-term liabilities were €36,053 (€9 per m² of flat space) and it held €43,790 in cash. In 2025 long-term liabilities rose from €13,599 to €36,053 — usually a sign of a renovation.

Board

  • IPIvo Paluboard member4 years 3 months
  • MJMärt Jerveboard member8 years 9 months
C
Association grade
C · average
Haapsalu linn: ranked 92 of 199 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
Managementaverage
reports filed on time

Building

Built
1986
Storeys
5
Construction
brick
Flats
70
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.

  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Majal renoveeritud katus“ · ad of 1 flat
  • „Majas on vahetatud vee- ja kanalisatsioonipüstakud“ · ad of 1 flat
  • „küttesüsteem uuendatud“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • D
  • EE
  • F
  • G
  • H

Building page: Kastani tn 12 →

Long-term liabilities
€36,053
as of 31.12.2025
Liabilities per m²
€9
similar buildings with a loan €19
Cash
€43,790
€10/m² · similar €14/m²
Income per m² a month
€0.85
similar buildings €1.01

Compared with similar buildings: Haapsalu linn, built 1981–1991 (56 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²20233 €/m²20249 €/m²new loan2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€36,053€13,129€43,790€43,068€0
2024€13,599€14,929€17,447€53,370€0
2023€0€28,227€17,460€39,117€0
2022€0€20,754€11,651€97,543€0
2021€0€72,651€66,170€24,492€0
2020€0€57,167€52,600€26,792€339
2019€0€45,061€41,669€26,273€4,493

Compared with similar buildings (Haapsalu linn, built 1981–1991; 56 associations), long-term liabilities per m² of flat space are higher than 66% of them. The median for buildings with a loan is €51/m².

Flats in this building

Over the last 12 months 4 flats have been for sale in this building, asking €917–€1,239 per m².

Estate agents in Haapsalu · Flat prices in Haapsalu

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CKastani tn 161988 · 30 flats€0€20,0242025
EKastani tn 181988 · 30 flats€0€5,6542025
–Kastani tn 16a€0€1,8382025
–Kastani tn 8€0€02025
CTamme tn 17a1971 · 85 flats€247,926€20,8022024
BKastani tn 241982 · 60 flats€21,413€57,1242025
BKastani tn 201987 · 30 flats€0€44,1372025
–Kastani tn 62000€0€02025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €36,053 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 €43,790.

When was the building built?

According to the building register, it was first used in 1986 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Ivo Palu, Märt Jerve (board since 07.01.2018).

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.