Apartment association · Aardla küla, Kastre vald

Keskuse vkt 2 apartment association

Kastre vald, Aardla küla, Keskuse vkt 2 korteriühistu (registry code 80016564) manages a 3-storey block building built in 1987 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €170,126 (€239 per m² of flat space) and it held €565 in cash. In 2025 long-term liabilities rose from €407 to €170,126 — usually a sign of a renovation.

Board

B
Association grade
B · good
Kastre vald: ranked 27 of 65 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash next to the loan, 3-year average
Managementaverage
reports filed on time

Building

Built
1987
Storeys
3
Construction
block
Flats
12
Lift
no
Heating
district heating

Building page: Keskuse vkt 2 →

Long-term liabilities
€170,126
as of 31.12.2025
Liabilities per m²
€239
similar buildings with a renovation loan €119
Cash
€565
€1/m² · similar €5/m²
Income per m² a month
€12.12
similar buildings €0.38

Compared with similar buildings: Kastre vald (65 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
14 €/m²20197 €/m²20209 €/m²202111 €/m²202213 €/m²20231 €/m²2024239 €/m²new loan2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €1.03 per m² of flat space a month, about €52 a month for a 50 m² flat (interest not included) — more than 88% of associations repaying a loan. The median is €0.52 in Estonia. At the current pace the loan will be repaid around 2045.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€170,126€13,607€565€103,310—
2024€407€2,580€1,371€12,172—
2023€9,224€2,804€8,932€1,111—
2022€7,774€3,651€7,922€1,113—
2021€6,325€3,237€6,235€1,129—
2020€4,875€1,168€5,002€7,895—
2019€10,145€1,438€10,619€1,360—

Compared with similar buildings (Kastre vald; 65 associations), long-term liabilities per m² of flat space are higher than 91% of them. The median for buildings with a loan is €94/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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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Keskuse vkt 1Aardla küla1962 · 4 flatsno reports
CKastre vald, Aardla küla, Keskuse vkt 4, Luhaääre korteriühistu1984 · 9 flats€90,289€2062025
CKeskuse vkt 3Aardla küla1904 · 8 flats€34,140€1,5752025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €170,126 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 €565.

When was the building built?

According to the building register, it was first used in 1987 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Kaie Kurisoo, Kea Kransiver, Tiina Pähnapuu (board since 15.07.2024).

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.