Apartment association · Tallinn

Majaka tn 27 apartment association

Tallinn, Majaka tn 27 korteriühistu (registry code 80195905) manages a 5-storey brick building built in 1961 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €33,302 in cash. The report shows no long-term liabilities.

Board

  • MDMaksim Davõdovboard member8 years 9 monthsalso: Punane tn 15
  • RFRoman Filippovboard member7 years 3 months
D
Association grade
D · below average
Tallinn: ranked 3605 of 4,374 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash per m², 3-year average
Managementaverage
reports filed on time

Building

Built
1961
Storeys
5
Construction
brick
Flats
60
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • C
  • D
  • EEvalid until 31.01.2029
  • F
  • G
  • H

Building page: Majaka tn 27 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€33,302
€13/m² · similar €18/m²
Income per m² a month
€1.42
similar buildings €1.43

Compared with similar buildings: Tallinn, built 1956–1966, brick (370 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
1 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²20230 €/m²20240 €/m²2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€41,286€33,302€44,512€7,264
2024€0€23,571€14,985€107,985€7,462
2023€0€64,915€53,089€24,840€7,052
2022€0€36,065€26,316€24,393€7,607
2021€0€30,642€19,734€27,428€7,563
2020€827€23,135€17,172€20,241€6,648
2019€3,317€16,971€11,219€35,546€0

Of similar buildings (Tallinn, built 1956–1966, brick; 370 associations), 54% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €3,154–€3,154 per m². 1 flat was offered for rent at €480 a month.

Estate agents in Sikupilli · Flat prices in Sikupilli

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BMajaka tn 231961 · 30 flats€0€10,7682025
AMajaka tn 331987 · 60 flats€45,640€36,5262025
CMajaka tn 291950 · 12 flats€0€45,2942025
DMajaka tn 251940 · 32 flats€0€16,5642025
AMajaka tn 311957 · 16 flats€10,577€8,1262025
ASikupilli tn 91987 · 60 flats€47,908€44,0632025
APallasti tn 161997 · 65 flats€0€36,6192025
BSikupilli tn 172023 · 13 flats€0€3,6442024

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €33,302.

When was the building built?

According to the building register, it was first used in 1961 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Maksim Davõdov, Roman Filippov (board since 05.01.2018).

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.