Apartment association · Alu alevik, Rapla vald

Mäe tn 6 apartment association

Rapla vald, Alu alevik, Mäe tn 6 korteriühistu (registry code 80023475) manages a 3-storey block building with 27 flats. According to its 2025 annual report, the association's long-term liabilities were €159,777 (€120 per m² of flat space) and it held €6,299 in cash. Long-term liabilities have fallen 30% since 2019.

Board

  • ALAndres Laaneboard member8 years 9 months
  • MPMadis Pärnboard member8 years 9 months
  • MKMari Kinkarboard member1 year 1 month
B
Association grade
B · good
Rapla vald: ranked 36 of 150 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

Storeys
3
Construction
block
Flats
27
Lift
no
Heating
district heating
Renovated
yes

Works on the building

Energy class has improved: E (2011) → B (2019)

per the building register

Energy class
  • A
  • BB
  • C
  • D
  • E
  • F
  • G
  • H

Building page: Mäe tn 6 →

Long-term liabilities
€159,777
as of 31.12.2025
Liabilities per m²
€120
similar buildings with a renovation loan €110
Cash
€6,299
€5/m² · similar €19/m²
Income per m² a month
€1.23
similar buildings €0.83

Compared with similar buildings: Rapla vald (150 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
172 €/m²2019159 €/m²2020155 €/m²2021148 €/m²2022148 €/m²2023129 €/m²2024120 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.64 per m² of flat space a month, about €32 a month for a 50 m² flat (interest not included) — more than 63% of associations repaying a loan. The median is €0.52 in Estonia and €0.56 in Rapla vald. At the current pace the loan will be repaid around 2041.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€159,777€12,822€6,299€19,672€0
2024€171,134€10,987€3,980€39,216€0
2023€196,269€10,070€21,215€15,786€0
2022€197,352€11,350€15,859€16,932€0
2021€206,417€12,781€15,066€10,843€0
2020€211,299€11,825€8,435€23,431€0
2019€228,126€12,125€14,620€10,535€0

Compared with similar buildings (Rapla vald; 150 associations), long-term liabilities per m² of flat space are higher than 81% of them. The median for buildings with a loan is €74/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €1,164–€1,164 per m². 2 flats were offered for rent at €250–€333 a month.

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CMäe tn 7Alu alevik1972 · 18 flats€40,264€46,2442025
BMäe tn 5Alu alevik1991 · 18 flats€0€59,6752025
CMäe tn 4Alu alevik1991 · 13 flats€0€32,2392025
CMäe tn 8Alu alevik1973 · 21 flats€457,886€31,6842025
CMäe tn 3Alu alevik1991 · 12 flats€0€21,9762025
CMäe tn 2Alu alevik1991 · 12 flats€0€18,4742025
CMäe tn 1Alu alevik1991 · 12 flats€0€3932025
BPargi tn 4Alu alevik1991 · 7 flats€0€16,5232025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €159,777 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 €6,299.

Who is on the association's board?

According to the business register, the board members are Andres Laane, Madis Pärn, Mari Kinkar (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.