Apartment association · Tallinn

Liivaoja tn 2 apartment association

Tallinn, Liivaoja tn 2 korteriühistu (registry code 80502359) manages a 5-storey reinforced-concrete building built in 2006 with 49 flats. According to its 2025 annual report, the association's long-term liabilities were €102,825 (€30 per m² of flat space) and it held €44,956 in cash. In 2021 long-term liabilities rose from €11,979 to €99,954 — usually a sign of a renovation.

Board

  • JLJanek Laidveeboard member3 months
  • KSKadri Sakalaboard member3 months
  • KLKaspar Lõhmusboard member3 months
A
Association grade
A · very good
Tallinn: ranked 781 of 4,374 graded associations.
House conditiongood
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
5
Construction
reinforced concrete
Flats
49
Lift
yes
Heating
district heating

Building page: Liivaoja tn 2 // 2/1 // 2/2 →

Long-term liabilities
€102,825
as of 31.12.2025
Liabilities per m²
€30
similar buildings with a loan €12
Cash
€44,956
€13/m² · similar €11/m²
Income per m² a month
€1.35
similar buildings €1.34

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

Finances by year

Long-term liabilities per m² of flat space at year end
3 €/m²20194 €/m²202029 €/m²new loan202131 €/m²202232 €/m²202332 €/m²202430 €/m²2025
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.05 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.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€102,825€31,372€44,956€55,210—
2024€107,181€27,067€36,721€55,742—
2023€107,197€27,613€23,044€55,484—
2022€106,044€26,334€7,250€56,366—
2021€99,954€29,624€4,186€150,143—
2020€11,979€12,610€7,802€44,274—
2019€10,614€10,266€10,579€33,748—

Compared with similar buildings (Tallinn, built 2001–2011, reinforced concrete; 155 associations), long-term liabilities per m² of flat space are higher than 91% of them. The median for buildings with a loan is €17/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

What is your flat worth?

An estimate for a flat at Liivaoja tn 2 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AJ. Poska tn 35J. Poska tn 31, J. Poska tn 332015 · 15 flats€0€46,6492025
CJ. Köleri tn 191931 · 12 flats€86,967—2025
EJ. Köleri tn 211932 · 9 flats€120,131€1,2162025
CJ. Köleri tn 231940 · 11 flats€0€8,1832025
CJ. Köleri tn 22 // 22a1940 · 10 flats€0€2,3742025
DJ. Köleri tn 241932 · 9 flats€91,809€1,0672025
EJ. Köleri tn 281931 · 9 flats€105,313€3,8352025
AJ. Köleri tn 301933 · 12 flats€111,203€18,1312025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €102,825 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 €44,956.

When was the building built?

According to the building register, it was first used in 2006 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Janek Laidvee, Kadri Sakala, Kaspar Lõhmus (board since 17.07.2026).

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.