Apartment association · Martna küla, Lääne-Nigula vald

Kooli tee 6 apartment association

Lääne-Nigula vald, Martna küla, Kooli tee 6 korteriühistu (registry code 80503867) manages a 2-storey block building built in 1975 with 16 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €4,024 in cash. The report shows no long-term liabilities.

Board

  • KPKaarel Paduboard member3 years 10 months
E
Association grade
E · weak
Lääne-Nigula vald: ranked 61 of 63 graded associations.
House conditionweak
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferweak
cash per m², 3-year average
Managementaverage
reports filed on time

Building

Built
1975
Storeys
2
Construction
block
Flats
16
Lift
no
Heating
stove

Building page: Kooli tee 6 →

Long-term liabilities
€0
as of 31.12.2024
Cash
€4,024
€4/m² · similar €14/m²
Income per m² a month
€0.04
similar buildings €0.50

Compared with similar buildings: Lääne-Nigula vald, built 1970–1980, block (23 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€0€4,781€4,024€442—
2023€0€1,462€1,278€1,507—
2022€0€0€0€0—
2021€0€0€0€0—
2020€0€0€0€0—
2019€0€0€0€0—

Of similar buildings (Lääne-Nigula vald, built 1970–1980, block; 23 associations), 57% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €101–€101 per m².

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An estimate for a flat at Kooli tee 6 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BKooli tee 8Martna küla1982 · 24 flats€151,288€4382025
CKooli tee 4Martna küla1984 · 12 flats€0€10,2232025
CKooli tee 2Martna küla1970 · 12 flats€30,280€13,0992025
–Kirna tee 2Martna küla1968 · 8 flatsno reports

Frequently asked questions

Does the association have a loan?

The 2024 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2024 the association held €4,024.

When was the building built?

According to the building register, it was first used in 1975 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Kaarel Padu (board since 25.11.2022).

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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.