Apartment association · Valga linn, Valga vald
Kungla tn 2 apartment association
Valga vald, Valga linn, Kungla tn 2 korteriühistu (registry code 80490892) manages a 2-storey wooden building built in 1969 with 4 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held — in cash. The report shows no long-term liabilities.
Board
The association is run by OÜ MARTINEX.
- OMOÜ MARTINEXappointed manager7 years 6 months
- 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
- Managementgood
- reports filed on time · professional manager
Building
- Built
- 1969
- Storeys
- 2
- Construction
- wood
- Flats
- 4
- Lift
- no
- Heating
- stove
Compared with similar buildings: Valga vald, built 1964–1974 (41 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €0 | €0 | — | €0 | €0 |
| 2024 | €0 | €0 | — | €0 | €0 |
| 2023 | €0 | €0 | — | €0 | €0 |
| 2022 | €0 | €0 | — | €0 | €0 |
| 2021 | €0 | €0 | — | €0 | €0 |
| 2020 | €0 | €0 | — | €0 | €0 |
| 2019 | €0 | €0 | — | €0 | €0 |
Of similar buildings (Valga vald, built 1964–1974; 41 associations), 27% have long-term liabilities; this association has none.
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
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Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Vabaduse tn 25Valga linn1995 · 3 flats | no reports | ||
| – | Vabaduse tn 20Valga linn1949 · 8 flats | no reports | ||
| – | Kungla tn 3Valga linn1969 · 6 flats | no reports | ||
| E | Kungla tn 5Valga linn1949 · 6 flats | €0 | €1,209 | 2025 |
| – | Kungla tn 6Valga linn1969 · 8 flats | €0 | €5,056 | 2023 |
| E | Kungla tn 7Valga linn1969 · 8 flats | €0 | €3,840 | 2025 |
| – | Vabaduse tn 36Valga linn1949 · 6 flats | no reports | ||
| – | Vabaduse tn 9Valga linn | no reports | ||
Frequently asked questions
Does the association have a loan?
The 2025 report shows no long-term liabilities.
When was the building built?
According to the building register, it was first used in 1969 and has 2 storeys.
Who is on the association's board?
According to the business register, the association is run by OÜ MARTINEX.
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.