Apartment association · Tallinn

Lüüsi tn 4 apartment association

Tallinn, Lüüsi tn 4 korteriühistu (registry code 80569719) manages a 6-storey panel building with 50 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €25,344 in cash. The report shows no long-term liabilities.

Board

  • ALAivar Liivamägiboard member2 years 3 months
  • ARAnder Rämmalboard member2 years 3 months
  • MGMartin Grünthalboard member2 years 3 monthsalso: Oja tn 124, Soo tn 5a
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
Managementweak
reports filed on time

Building

Storeys
6
Construction
panel
Flats
50
Lift
yes
Heating
district heating

Building page: Lüüsi tn 4 →

Long-term liabilities
€0
as of 31.12.2024
Cash
€25,344
€6/m² · similar €14/m²
Income per m² a month
€1.25
similar buildings €1.27

Compared with similar buildings: Tallinn (4374 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€0€41,732€25,344€60,193€0
2023€0€24,607€11,217€39,403€0
2022€0€18,363€9,423€25,780€0
2021€0€16,598€7,144€23,247€0
2020€0€9,595€499€8,152€0

Of similar buildings (Tallinn; 4374 associations), 36% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 3 flats have been for sale in this building, asking €4,023–€5,130 per m². 1 flat was offered for rent at €1,100 a month.

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Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CRaua tn 121937 · 12 flats€0€11,6062025
BRaua tn 102013 · 16 flats€0€11,9422025
ARaua tn 211930 · 13 flats€69,620€50,0482025
CF. R. Kreutzwaldi tn 101950 · 14 flats€0€14,3292025
ARaua tn 817 flats€183,837€63,6982025
APronksi tn 71983 · 96 flats€450,190€32,4402025
ATina tn 21a1986 · 24 flats€12,953€11,5982025
BF. R. Kreutzwaldi tn 11 // Tina tn 231923 · 20 flats€0€32,8492025

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 €25,344.

Who is on the association's board?

According to the business register, the board members are Aivar Liivamägi, Ander Rämmal, Martin Grünthal (board since 03.07.2024).

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, 2020–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.