Apartment association · Võru linn
Kubja tee 1 apartment association
Võru linn, Kubja tee 1 korteriühistu (registry code 80516386) manages a 4-storey panel building built in 1963 with 32 flats. According to its 2025 annual report, the association's long-term liabilities were €481,448 (€366 per m² of flat space) and it held €84,084 in cash. In 2024 long-term liabilities rose from €0 to €491,435 — usually a sign of a renovation.
Board
The association is run by Võru Kinnisvara Oü.
- VKVõru Kinnisvara Oüappointed manager8 years 9 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilityweak
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time · professional manager
Building
- Built
- 1963
- Storeys
- 4
- Construction
- panel
- Flats
- 32
- Lift
- no
- Heating
- district heating
- A
- BB2021
- C
- D
- EEvalid until 29.03.2033
- F
- G
- H
Compared with similar buildings: Võru linn, built 1958–1968 (44 associations).
Finances by year
Loan principal repayment is an estimated €0.63 per m² of flat space a month, about €32 a month for a 50 m² flat (interest not included) — more than 62% of associations repaying a loan. The median is €0.52 in Estonia and €0.62 in Võru linn.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €481,448 | €82,512 | €84,084 | €23,202 | €0 |
| 2024 | €491,435 | €178,300 | €80,820 | €29,608 | €0 |
| 2023 | €0 | €64,892 | €63,832 | €17,677 | €0 |
| 2022 | €0 | €56,049 | €51,369 | €12,637 | €0 |
| 2021 | €0 | €46,563 | €43,689 | €25,087 | €0 |
| 2020 | €0 | €49,378 | €47,650 | €9,981 | €0 |
| 2019 | €0 | €38,657 | €37,268 | €16,153 | €0 |
Compared with similar buildings (Võru linn, built 1958–1968; 44 associations), long-term liabilities per m² of flat space are higher than 98% of them. The median for buildings with a loan is €80/m².
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
What is your flat worth?
An estimate for a flat at Kubja tee 1 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Kubja tee 31963 · 32 flats | €0 | €55,629 | 2025 |
| D | Kubja tee 181900 · 6 flats | €0 | €2,199 | 2025 |
| C | Laane tn 3a1960 · 16 flats | €0 | €28,105 | 2025 |
| C | Laane tn 11966 · 16 flats | €0 | €14,699 | 2025 |
| C | Laane tn 31957 · 27 flats | €0 | €22,968 | 2025 |
| D | Laane tn 51957 · 24 flats | €46,928 | €52,378 | 2025 |
| – | Kubja tee 301950 · 3 flats | no reports | ||
| B | Laane tn 61966 · 45 flats | €0 | €73,313 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €481,448 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 €84,084.
When was the building built?
According to the building register, it was first used in 1963 and has 4 storeys.
Who is on the association's board?
According to the business register, the association is run by Võru Kinnisvara Oü.
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.