Apartment association · Laulasmaa küla, Lääne-Harju vald

Lauresi tee 1 apartment association

Lääne-Harju vald, Laulasmaa küla, Lauresi tee 1 korteriühistu (registry code 80331260) manages a 3-storey panel building built in 1987 with 15 flats. According to its 2025 annual report, the association's long-term liabilities were €106,043 (€109 per m² of flat space) and it held €108,197 in cash.

Board

  • AVAgnes Võsaboard member8 years 9 months
  • JNJoonas Niinemannboard member8 years 9 months
  • MBMartin Breibergboard member8 years 9 months
  • TRTõnis Raatmaboard member6 years 4 months
A
Association grade
A · very good
Lääne-Harju vald: ranked 18 of 138 graded associations.
House conditiongood
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
Managementgood
reports filed on time

Building

Built
1987
Storeys
3
Construction
panel
Flats
15
Lift
no
Heating
stove
Renovated
yes

Works on the building

Energy class has improved: F (2016) → B (2026)

per the building register

Building page: Lauresi tee 1 →

Long-term liabilities
€106,043
as of 31.12.2025
Liabilities per m²
€109
similar buildings with a loan €27
Cash
€108,197
€111/m² · similar €14/m²
Income per m² a month
€1.02
similar buildings €1.01

Compared with similar buildings: Lääne-Harju vald, built 1982–1992 (48 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
45 €/m²201957 €/m²202069 €/m²202180 €/m²202287 €/m²202399 €/m²2024109 €/m²2025
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€106,043€420€108,197€11,953€0
2024€96,219€440€101,202€2,485€0
2023€84,553€423€84,717€9,479€0
2022€78,033€473€77,405€3,014€0
2021€66,974€652€69,181€2,333€0
2020€55,308€396€54,752€2,681€0
2019€43,989€411€45,077€2,771€0

Compared with similar buildings (Lääne-Harju vald, built 1982–1992; 48 associations), long-term liabilities per m² of flat space are higher than 94% of them. The median for buildings with a loan is €27/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €1,685–€1,685 per m².

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Kloogaranna tee 16Laulasmaa küla2021 · 2 flatsno reports
–Kloogaranna tee 12Laulasmaa küla2021 · 2 flatsno reports
–Kloogaranna tee 14Laulasmaa küla2021 · 2 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €106,043 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 €108,197.

When was the building built?

According to the building register, it was first used in 1987 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Agnes Võsa, Joonas Niinemann, Martin Breiberg, Tõnis Raatma (board since 06.01.2018).

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.