Apartment association · Tallinn

Lesta tn 11 apartment association

Tallinn, Lesta tn 11 korteriühistu (registry code 80378379) manages a 3-storey reinforced-concrete building built in 2006 with 10 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €9,028 in cash. The report shows no long-term liabilities.

Board

  • EAEerik Apsboard member4 years 4 months
  • MLMartin Lepalaanboard member4 months
B
Association grade
B · good
Tallinn: ranked 2103 of 4,374 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferweak
cash per m², 3-year average
Managementaverage
reports filed on time

Building

Built
2006
Storeys
3
Construction
reinforced concrete
Flats
10
Lift
no
Heating
stove

Building page: Lesta tn 11 →

Long-term liabilities
€0
as of 31.12.2024
Cash
€9,028
€7/m² · similar €11/m²
Income per m² a month
€0.20
similar buildings €1.34

Compared with similar buildings: Tallinn, built 2001–2011, reinforced concrete (155 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€0€9,981€9,028€3,152€0
2023€0€5,266€3,554€21,228€0
2022€0€11,149€3,283€41,546€0
2021€0€3,171€976€21,238€0
2020€0€1,333€1,781€20,573€0
2019€0€5,540€6,215€16,465€0

Of similar buildings (Tallinn, built 2001–2011, reinforced concrete; 155 associations), 26% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €2,568–€2,568 per m².

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Lesta tn 242013 · 2 flatsno reports
–Selise tn 252023 · 2 flatsno reports
ELesta tn 262007 · 32 flats€0€10,7672024
–Lesta tn 102002€0€6,0172025
–Laose tn 112010 · 2 flatsno reports
–Laose tn 92010 · 2 flatsno reports
–Poru tn 82010 · 2 flatsno reports
–Poru tn 22010 · 2 flatsno reports

Frequently asked questions

Does the association have a loan?

The 2024 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2024 the association held €9,028.

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 Eerik Aps, Martin Lepalaan (board since 27.05.2022).

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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.