Apartment association · Lihula linn, Lääneranna vald

Lasteaia tn 2 apartment association

Lääneranna vald, Lihula linn, Lasteaia tn 2 korteriühistu (registry code 80140689) manages a 2-storey brick building built in 1978 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €48 in cash. The report shows no long-term liabilities.

Board

  • HMHeli Melsasboard member4 years 5 months
E
Association grade
E · weak
Lääneranna vald: ranked 63 of 74 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
Managementgood
reports filed on time

Building

Built
1978
Storeys
2
Construction
brick
Flats
8
Lift
no
Heating
stove

Building page: Lasteaia tn 2 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€48
€0/m² · similar €14/m²
Income per m² a month
€0.08
similar buildings €0.43

Compared with similar buildings: Lääneranna vald, built 1973–1983 (31 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€125€48€311—
2024€0€124€7€288—
2023€0€141€135€288—
2022€0€136€197€428—
2021€0€194€246€288—
2020€0€111€165€288—
2019€0€123€181€288—

Of similar buildings (Lääneranna vald, built 1973–1983; 31 associations), 10% 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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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DTallinna mnt 2aLihula linn1959 · 16 flats€0—2025
–Lasteaia tn 4Lihula linn€0€2,9562025
CTallinna mnt 1Lihula linn1973 · 18 flats€0€45,1952025
–Tallinna mnt 1bLihula linnno reports
DTallinna mnt 2Lihula linn1939 · 5 flats€0€2,4862025
EAia tn 2Lihula linn1959 · 4 flats€0€2422025
–Lasteaia põik 3Lihula linn1978 · 3 flatsno reports
DTallinna mnt 6Lihula linn1939 · 16 flats€0€13,2772025

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €48.

When was the building built?

According to the building register, it was first used in 1978 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Heli Melsas (board since 06.05.2022).

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, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.