Apartment association · Keila linn

Luha tn 9 apartment association

Keila linn, Luha tn 9 korteriühistu (registry code 80018178) manages a 5-storey panel building built in 1982 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €532,995 (€176 per m² of flat space) and it held €21,103 in cash. In 2021 long-term liabilities rose from €210,468 to €654,849 — usually a sign of a renovation.

Board

A
Association grade
A · very good
Keila linn: ranked 28 of 128 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
Managementgood
reports filed on time · professional manager

Building

Built
1982
Storeys
5
Construction
panel
Flats
60
Lift
no
Heating
district heating
Renovated
yes

Works on the building

Energy class has improved: G (2009) → C (2023)

per the building register

Energy class
  • A
  • B
  • CCvalid until 09.02.2033
  • D
  • E
  • F
  • G
  • H

Building page: Luha tn 9 →

Long-term liabilities
€532,995
as of 31.12.2025
Liabilities per m²
€176
similar buildings with a renovation loan €170
Cash
€21,103
€7/m² · similar €17/m²
Income per m² a month
€2.64
similar buildings €1.61

Compared with similar buildings: Keila linn, built 1977–1987, panel (22 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²201969 €/m²new loan2020216 €/m²new loan2021206 €/m²2022196 €/m²2023186 €/m²2024176 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.84 per m² of flat space a month, about €42 a month for a 50 m² flat (interest not included) — more than 80% of associations repaying a loan. The median is €0.52 in Estonia and €0.64 in Keila linn. At the current pace the loan will be repaid around 2043.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€532,995€65,445€21,103€96,149€7,676
2024€564,730€62,401€20,665€103,246€7,676
2023€595,611€78,306€40,556€100,639€7,676
2022€625,611€109,436€92,000€80,309€7,676
2021€654,849€129,842€116,370€96,298€7,676
2020€210,468€110,529€85,785€62,066€7,679
2019€0€66,934€65,261€53,588€6,612

Compared with similar buildings (Keila linn, built 1977–1987, panel; 22 associations), long-term liabilities per m² of flat space are higher than 73% of them. The median for buildings with a loan is €148/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 Luha tn 9 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
ALuha tn 111984 · 75 flats€1,267,976€55,0422025
ANiidu tn 3a1985 · 15 flats€133,669€12,2302025
CLuha tn 71983 · 45 flats€0€6,0982025
CNiidu tn 31985 · 15 flats€7,458€12,9152025
ANiidu tn 51986 · 40 flats€173,280€12,6452025
BPõhja tn 61968 · 18 flats€15,639€3,7772025
BLuha tn 131985 · 75 flats€106,016€25,7862025
CTallinna mnt 151938 · 5 flats€0€7,1922025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €532,995 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 €21,103.

When was the building built?

According to the building register, it was first used in 1982 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Alari Urb, Indrek Feldman, Indrek Pilv (board since 29.12.2017).

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.