Apartment association · Tallinn

Majaka tn 50 apartment association

Tallinn, Majaka tn 50 korteriühistu (registry code 80458753) manages a 2-storey reinforced-concrete building built in 1946 with 7 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €10,362 in cash. The report shows no long-term liabilities.

Board

C
Association grade
C · average
Tallinn: ranked 3083 of 4,374 graded associations.
House conditionweak
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash per m², 3-year average
Managementgood
reports filed on time · professional manager

Building

Built
1946
Storeys
2
Construction
reinforced concrete
Flats
7
Lift
no
Heating
stove

Building page: Majaka tn 50 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€10,362
€27/m² · similar €16/m²
Income per m² a month
€1.12
similar buildings €1.30

Compared with similar buildings: Tallinn, built 1941–1951, reinforced concrete (17 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€11,392€10,362€5,221€1,741
2024€0€5,623€4,512€10,374€4,281
2023€0€3,997€3,923€9,417€2,494
2022€0€2,958€2,475€12,877€2,494
2021€0€7,174€6,229€5,625€2,470
2020€0€4,475€3,921€7,583€2,421
2019€0€3,733€3,022€24,917€2,498

Of similar buildings (Tallinn, built 1941–1951, reinforced concrete; 17 associations), 35% have long-term liabilities; this association has none.

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CMajaka tn 521941 · 8 flats€0€54,2572025
AMajaka tn 481940 · 12 flats€0€31,6832025
ETuulemäe tn 81949 · 8 flats€4,366€4,2082024
DMajaka tn 511964 · 8 flats€49,246€19,2972025
EMajaka tn 541940 · 13 flats€0€10,2002024
EMajaka tn 461949 · 13 flats€0€4,1652025
BMajaka tn 531949 · 12 flats€213,068€7,3782025
AMajaka tn 491940 · 12 flats€0€12,5852025

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 €10,362.

When was the building built?

According to the building register, it was first used in 1946 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Aleksandr Galahhov, Mari-Liis Karula, Marina Dubovik (board since 12.06.2018).

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.