Apartment association · Rakvere linn
Lennuki tn 8 apartment association
Rakvere linn, Lennuki tn 8 korteriühistu (registry code 80069075) manages a 4-storey block building built in 1966 with 48 flats. According to its 2025 annual report, the association's long-term liabilities were €387,492 (€193 per m² of flat space) and it held €14,734 in cash. In 2022 long-term liabilities rose from €383,577 to €444,446 — usually a sign of a renovation.
Board
- ABAndrus Brücknerboard member8 years 9 months
- EÕEha Õunapuuboard member8 years 9 months
- HLHardi Liuhkaboard member2 years 6 months
- House conditiongood
- age, energy class and works done
- Loan affordabilityweak
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 1966
- Storeys
- 4
- Construction
- block
- Flats
- 48
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.
- Facade
- Roof
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Keldriboksid renoveeritud.“ · ad of 1 flat
- A
- B
- CCvalid until 17.02.2030
- D
- E
- F
- G
- H
Compared with similar buildings: Rakvere linn, built 1961–1971 (39 associations).
Finances by year
Loan principal repayment is an estimated €1.32 per m² of flat space a month, about €66 a month for a 50 m² flat (interest not included) — more than 93% 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 2038.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €387,492 | €54,275 | €14,734 | €19,851 | — |
| 2024 | €420,674 | €56,431 | €15,029 | €15,001 | — |
| 2023 | €451,058 | €43,081 | €13,203 | €13,041 | — |
| 2022 | €444,446 | €84,335 | €37,047 | €21,999 | €0 |
| 2021 | €383,577 | €43,076 | €41,409 | €18,391 | €0 |
| 2020 | €403,776 | €35,783 | €31,899 | €10,276 | €0 |
| 2019 | €423,391 | €35,853 | €29,098 | €13,728 | -€902 |
Compared with similar buildings (Rakvere linn, built 1961–1971; 39 associations), long-term liabilities per m² of flat space are higher than 92% of them. The median for buildings with a loan is €114/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €1,421–€1,421 per m². 1 flat was offered for rent at €300 a month.
Estate agents in Rakvere · Flat prices in Rakvere
Estate agents who have offered flats in this building
- Jörgen TruuKinnisvarabüroo Uus Maa OÜ1 flat
What is your flat worth?
An estimate for a flat at Lennuki tn 8 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Lennuki tn 61986 · 48 flats | €567,744 | €0 | 2025 |
| E | Lennuki tn 41966 · 48 flats | €352,139 | €23,106 | 2025 |
| C | Lennuki tn 11984 · 55 flats | €0 | €105,832 | 2025 |
| B | Lennuki tn 21965 · 48 flats | €219,899 | €12,916 | 2025 |
| A | Lennuki tn 31996 · 24 flats | €0 | €66,431 | 2025 |
| A | Nortsu tee 4a1984 · 46 flats | €20,148 | €17,283 | 2025 |
| – | Raudtee tn 141961 · 3 flats | no reports | ||
| – | Raudtee tn 121961 · 2 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €387,492 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 €14,734.
When was the building built?
According to the building register, it was first used in 1966 and has 4 storeys.
Who is on the association's board?
According to the business register, the board members are Andrus Brückner, Eha Õunapuu, Hardi Liuhka (board since 07.01.2018).
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.