Apartment association · Linnamäe küla, Lääne-Nigula vald
Kooli tee 6 apartment association
Lääne-Nigula vald, Linnamäe küla, Kooli tee 6 korteriühistu (registry code 80345799) manages a 3-storey block building built in 1979 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €533,742 (€468 per m² of flat space) and it held €54,781 in cash. In 2025 long-term liabilities rose from €32,275 to €533,742 — usually a sign of a renovation.
Board
- JMJane Martinboard member8 years 9 months
- LKLiina Kaljuveerboard member8 years 9 monthsalso: Kooli tee 8, Pürksi keskus 14, Pürksi keskus 7
- 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
- Managementgood
- reports filed on time
Building
- Built
- 1979
- Storeys
- 3
- Construction
- block
- Flats
- 18
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
- A
- B
- C
- D
- E
- FFvalid until 29.09.2027
- G
- H
Compared with similar buildings: Lääne-Nigula vald, built 1974–1984, block (26 associations).
Finances by year
Loan principal repayment is an estimated €0.24 per m² of flat space a month, about €12 a month for a 50 m² flat (interest not included) — less than 83% of associations repaying a loan. The median is €0.52 in Estonia.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €533,742 | €63,385 | €54,781 | €443,924 | €0 |
| 2024 | €32,275 | €5,049 | €12,650 | €11,228 | €0 |
| 2023 | €32,275 | €7,222 | €7,953 | €11,853 | €0 |
| 2022 | €36,821 | €4,841 | €4,809 | €17,555 | €0 |
| 2021 | €38,910 | €5,126 | €6,022 | €8,684 | €818 |
| 2020 | €32,032 | €6,583 | €3,666 | €6,345 | €1,963 |
| 2019 | €23,369 | €6,161 | €3,842 | €6,216 | €1,963 |
Compared with similar buildings (Lääne-Nigula vald, built 1974–1984, block; 26 associations), long-term liabilities per m² of flat space are higher than 96% of them. The median for buildings with a loan is €37/m².
Flats in this building
1 flat was offered for rent at €300 a month.
What is your flat worth?
An estimate for a flat at Kooli tee 6 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Kooli tee 7Linnamäe küla1990 · 24 flats | €59,066 | €20,232 | 2025 |
| B | Kooli tee 8Linnamäe küla1985 · 24 flats | €577,480 | €3,380 | 2025 |
| C | Kooli tee 4Linnamäe küla1979 · 18 flats | €63,892 | €67,636 | 2025 |
| C | Kooli tee 5Linnamäe küla1976 · 16 flats | €323,431 | €8,556 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €533,742 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 €54,781.
When was the building built?
According to the building register, it was first used in 1979 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Jane Martin, Liina Kaljuveer (board since 06.01.2018).
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.