Apartment association · Rakvere linn

Lai tn 8a apartment association

Rakvere linn, Lai tn 8a korteriühistu (registry code 80082087) manages a 3-storey apartment building built in 1945 with 10 flats. According to its 2025 annual report, the association's long-term liabilities were €16,443 (€58 per m² of flat space) and it held €33,484 in cash.

Board

  • KEKristo Eralaboard member3 monthsalso: Rägavere tee 16
  • MMMerje Madarboard member5 years 6 months
C
Association grade
C · average
Rakvere linn: ranked 89 of 202 graded associations.
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
Managementaverage
reports filed on time

Building

Built
1945
Storeys
3
Flats
10
Lift
no
Heating
stove
Renovated
yes

Works on the building

Energy class has improved: G (2017) → A (2026)

per the building register

Energy class
  • A
  • B
  • C
  • D
  • E
  • F
  • GGvalid until 17.09.2035
  • H

Building page: Lai tn 8a →

Long-term liabilities
€16,443
as of 31.12.2025
Liabilities per m²
€58
similar buildings with a loan €26
Cash
€33,484
€119/m² · similar €22/m²
Income per m² a month
€1.46
similar buildings €0.63

Compared with similar buildings: Rakvere linn, built 1940–1950 (43 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
13 €/m²20198 €/m²20202 €/m²20210 €/m²20220 €/m²202364 €/m²202458 €/m²2025

Loan principal repayment is an estimated €0.34 per m² of flat space a month, about €17 a month for a 50 m² flat (interest not included) — less than 71% of associations repaying a loan. The median is €0.52 in Estonia and €0.65 in Rakvere linn. At the current pace the loan will be repaid around 2040.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€16,443€35,706€33,484€4,934€0
2024€18,113€22,913€20,493€24,678€0
2023€0€15,805€14,450€12,750€0
2022€0€11,792€10,497€1,247€0
2021€653€8,709€6,667€1,110€0
2020€2,199€5,606€3,535€1,104€0
2019€3,714€3,572€1,303€6,423€0

Compared with similar buildings (Rakvere linn, built 1940–1950; 43 associations), long-term liabilities per m² of flat space are higher than 95% of them. The median for buildings with a loan is €26/m².

Flats in this building

1 flat was offered for rent at €250 a month.

Estate agents in Rakvere · Flat prices in Rakvere

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BLai tn 81948 · 8 flats€0€3,4482025
ELai tn 51960 · 17 flats€166,695€23,6382025
DLai tn 31948 · 6 flats€0€9,5172025
CPosti tn 71981 · 60 flats€435,478€39,6142025
–Rohuaia tn 71948 · 7 flatsno reports
ALai tn 1 // Tallinna tn 161975 · 36 flats€0€68,3422025
BPosti tn 131966 · 32 flats€25,741€9,0912025
BLaada tn 41971 · 58 flats€0€149,2152025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €16,443 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 €33,484.

When was the building built?

According to the building register, it was first used in 1945 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Kristo Erala, Merje Madar (board since 05.04.2021).

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.