Apartment association · Põlva linn, Põlva vald
Mäe tn 2 apartment association
Põlva vald, Põlva linn, Mäe tn 2 korteriühistu (registry code 80386315) manages a 3-storey block building built in 1977 with 30 flats. According to its 2025 annual report, the association's long-term liabilities were €245,384 (€140 per m² of flat space) and it held €16,602 in cash. Long-term liabilities have fallen 29% since 2019.
Board
- HMHjalmar Mandelboard member8 years 9 months
- RPRainer Petersonboard member7 years 9 months
- RKRene Kintsiraudboard member8 years 9 monthsalso: Jaama tn 61b, Piiri tn 19
- House conditiongood
- age, energy class and works done
- Loan affordabilityaverage
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementaverage
- reports filed on time
Building
- Built
- 1977
- Storeys
- 3
- Construction
- block
- Flats
- 30
- Lift
- no
- Heating
- district heating
- A
- B
- CCvalid until 24.01.2031
- D
- E
- F
- G
- H
Compared with similar buildings: Põlva vald, built 1972–1982 (46 associations).
Finances by year
Loan principal repayment is an estimated €0.79 per m² of flat space a month, about €40 a month for a 50 m² flat (interest not included) — more than 77% of associations repaying a loan. The median is €0.52 in Estonia and €0.65 in Põlva vald. At the current pace the loan will be repaid around 2040.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €245,384 | €23,259 | €16,602 | €18,670 | €0 |
| 2024 | €262,731 | €17,066 | €13,257 | €24,839 | €0 |
| 2023 | €286,897 | €16,021 | €14,371 | €24,509 | €0 |
| 2022 | €296,565 | €19,454 | €16,213 | €22,624 | €0 |
| 2021 | €312,475 | €18,497 | €37,899 | €20,927 | €0 |
| 2020 | €328,475 | €26,416 | €33,354 | €9,725 | €0 |
| 2019 | €344,368 | €25,982 | €28,711 | €288,363 | €682 |
Compared with similar buildings (Põlva vald, built 1972–1982; 46 associations), long-term liabilities per m² of flat space are higher than 59% of them. The median for buildings with a loan is €153/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 Mäe tn 2 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Kesk tn 23Põlva linn1950 · 8 flats | €34,726 | €6,624 | 2025 |
| C | Mäe tn 9Põlva linn1969 · 36 flats | €259,849 | €10,117 | 2025 |
| A | Mäe tn 11Põlva linn1970 · 36 flats | €71,843 | €39,148 | 2025 |
| A | Mäe tn 13Põlva linn1971 · 36 flats | €393,833 | €41,614 | 2025 |
| – | Võru tn 8Põlva linn1925 · 5 flats | no reports | ||
| – | Võru tn 4Põlva linn1925 | no reports | ||
| C | Võru tn 10Põlva linn1960 · 12 flats | €56,734 | €3,125 | 2025 |
| A | Piiri tn 15Põlva linn1972 · 36 flats | €119,000 | €26,900 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €245,384 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 €16,602.
When was the building built?
According to the building register, it was first used in 1977 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Hjalmar Mandel, Rainer Peterson, Rene Kintsiraud (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.