Apartment association · Tallinn

Majaka tn 46 apartment association

Tallinn, Majaka tn 46 korteriühistu (registry code 80000155) manages a 3-storey brick building built in 1949 with 13 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €4,165 in cash. The report shows no long-term liabilities.

Board

  • ASAndrei Selgisboard member5 years 7 months
  • JZJuhan Zvorovskiboard member5 years 7 months
  • OKOleg Kurdoboard member5 years 7 months
  • PAPavel Arhipovboard member5 years 7 months
  • RKRuslan Kovalevboard member5 years 7 months
E
Association grade
E · weak
Tallinn: ranked 4142 of 4,374 graded associations.
House conditionweak
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferweak
cash per m², 3-year average
Managementaverage
reports filed on time

Building

Built
1949
Storeys
3
Construction
brick
Flats
13

Building page: Majaka tn 46 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€4,165
€6/m² · similar €19/m²
Income per m² a month
€0.79
similar buildings €1.52

Compared with similar buildings: Tallinn, built 1944–1954, brick (138 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€4,656€4,165€7,077€0
2024€0€5,525€5,239€3,450€0
2023€0€4,895€4,054€3,242€0
2022€0€4,067€3,373€6,418€0
2021€0€2,871€3,443€3,889€567
2020€0€2,931€3,535€2,597€2,533
2019€0€1,791€2,649€6,477€2,359

Of similar buildings (Tallinn, built 1944–1954, brick; 138 associations), 43% have long-term liabilities; this association has none.

Flats in this building

1 flat was offered for rent at €500 a month.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AMajaka tn 441940 · 10 flats€9,321€4,7242025
AMajaka tn 481940 · 12 flats€0€31,6832025
BTuulemäe tn 71949 · 8 flats€88,496€1,3452025
ETuulemäe tn 81949 · 8 flats€4,366€4,2082024
DMajaka tn 471948 · 8 flats€0€2,0212024
CMajaka tn 501946 · 7 flats€0€10,3622025
CMajaka tn 421940 · 20 flats€120,375€11,2412025
BMajaka tn 451940 · 8 flats€26,605€2,7212025

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 €4,165.

When was the building built?

According to the building register, it was first used in 1949 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Andrei Selgis, Juhan Zvorovski, Oleg Kurdo, Pavel Arhipov, Ruslan Kovalev (board since 17.03.2021).

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.