Apartment association · Tallinn
Lehiku tee 9 apartment association
Tallinn, Lehiku tee 9 korteriühistu (registry code 80435640) manages a 3-storey reinforced-concrete building built in 2006 with 51 flats. According to its 2025 annual report, the association's long-term liabilities were €168,758 (€46 per m² of flat space) and it held €13,735 in cash. In 2025 long-term liabilities rose from €20,765 to €168,758 — usually a sign of a renovation.
Board
- OBOlavi Benströmboard member2 years 11 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementaverage
- reports filed on time
Building
- Built
- 2006
- Storeys
- 3
- Construction
- reinforced concrete
- Flats
- 51
- A
- B
- C
- D
- EE
- F
- G
- H
Compared with similar buildings: Tallinn, built 2001–2011, reinforced concrete (155 associations).
Finances by year
Loan principal repayment is an estimated €0.06 per m² of flat space a month, about €3 a month for a 50 m² flat (interest not included) — less than 97% of associations repaying a loan. The median is €0.52 in Estonia and €0.51 in Tallinn.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €168,758 | €39,510 | €13,735 | €55,581 | — |
| 2024 | €20,765 | €24,434 | €16,348 | €66,417 | — |
| 2023 | €23,456 | €41,041 | €28,059 | €51,464 | — |
| 2022 | €25,688 | €32,719 | €16,119 | €107,968 | — |
| 2021 | €0 | €84,555 | €68,391 | €33,344 | — |
| 2020 | €0 | €54,376 | €44,745 | €29,079 | — |
| 2019 | €0 | €29,918 | €18,876 | €23,467 | — |
Compared with similar buildings (Tallinn, built 2001–2011, reinforced concrete; 155 associations), long-term liabilities per m² of flat space are higher than 92% of them. The median for buildings with a loan is €17/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €2,652–€2,810 per m². 7 flats were offered for rent at €1–€1,150 a month.
Estate agents in Merivälja · Flat prices in Merivälja
Estate agents who have offered flats in this building
- Kaarel PaapArco Vara Kinnisvarabüroo OÜ3 flats
- Eduard LaineLaine Kinnisvarabüroo OÜ2 flats
- Eve RoosnaBaltic Concept OÜ1 flat
- Jaanus RandmaArcus Kinnisvara OÜ1 flat
What is your flat worth?
An estimate for a flat at Lehiku tee 9 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Lehiku tee 142003 · 24 flats | €0 | €20,272 | 2025 |
| B | Lehiku tee 122003 · 21 flats | €0 | €21,689 | 2025 |
| B | Vahtriku tee 12002 · 24 flats | €55,631 | €13,647 | 2025 |
| – | Vahtriku tee 42014 · 2 flats | no reports | ||
| – | Sitska tee 22003 · 2 flats | no reports | ||
| – | Sitska tee 42003 · 2 flats | no reports | ||
| – | Sitska tee 62003 · 2 flats | no reports | ||
| – | Toomiku tee 302019 · 2 flats | €0 | — | 2021 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €168,758 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 €13,735.
When was the building built?
According to the building register, it was first used in 2006 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Olavi Benström (board since 27.10.2023).
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.