Apartment association · Tallinn

Komeedi tn 18 apartment association

Tallinn, Komeedi tn 18 korteriühistu (registry code 80291224) manages a 4-storey brick building built in 1940 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €5,116 (€13 per m² of flat space) and it held €16,917 in cash. Long-term liabilities have fallen 76% since 2019.

Board

  • KKKadri Klementiboard member7 years 4 months
  • KRKalev Raadlaboard member8 years 9 months
  • MKMargus Kirssboard member1 year 4 months
A
Association grade
A · very good
Tallinn: ranked 928 of 4,374 graded associations.
House conditiongood
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
Managementgood
reports filed on time

Building

Built
1940
Storeys
4
Construction
brick
Flats
8
Lift
no
Heating
stove

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.

The building has been fully renovated
The ads say
  • „Korter asub unikaalse arhitektuuriga värskelt renoveeritud 1930ndate kolmekorruselise kivimaja teisel korrusel.“ · ad of 1 flat

Building page: Komeedi tn 18 →

Long-term liabilities
€5,116
as of 31.12.2025
Liabilities per m²
€13
similar buildings with a loan €18
Cash
€16,917
€44/m² · similar €18/m²
Income per m² a month
€1.81
similar buildings €1.45

Compared with similar buildings: Tallinn, built 1935–1945, brick (176 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
56 €/m²201950 €/m²202043 €/m²202136 €/m²202229 €/m²202321 €/m²202413 €/m²2025
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.62 per m² of flat space a month, about €31 a month for a 50 m² flat (interest not included) — more than 61% of associations repaying a loan. The median is €0.52 in Estonia and €0.51 in Tallinn. At the current pace the loan will be repaid around 2027.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€5,116€16,977€16,917€8,435—
2024€8,182€12,294€12,399€4,760—
2023€11,124€13,169€13,315€4,759—
2022€13,947€11,287€11,344€4,595—
2021€16,658€8,863€8,421€4,142—
2020€19,260€6,959€5,878€4,764—
2019€21,758€5,085€3,527€4,348—

Compared with similar buildings (Tallinn, built 1935–1945, brick; 176 associations), long-term liabilities per m² of flat space are higher than 60% of them. The median for buildings with a loan is €43/m².

Flats in this building

1 flat was offered for rent at €480 a month.

Estate agents in Uus Maailm · Flat prices in Uus Maailm

Estate agents who have offered flats in this building

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An estimate for a flat at Komeedi tn 18 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Saturni tn 121933 · 7 flatsno reports
–Saturni tn 51949 · 11 flats€0€15,2252023
–Saturni tn 7a1940 · 4 flatsno reports
–Saturni tn 91934 · 8 flats€0€12,8672022
BKoidu tn 70 // Saturni tn 12005 · 10 flats€0€3,2282025
–Koidu tn 741931 · 7 flats€0€3,6902019
DLuha tn 51940 · 8 flats€0€14,1362025
DKoidu tn 631949 · 8 flats€0€8,6562025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €5,116 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 €16,917.

When was the building built?

According to the building register, it was first used in 1940 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Kadri Klementi, Kalev Raadla, Margus Kirss (board since 05.01.2018).

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.