Apartment association · Männi tn 7, Haapsalu linn

Männi tn 9 apartment association

Haapsalu linn, Männi tn 7, Männi tn 9 korteriühistu (registry code 80049463) manages a 3-storey block building built in 1987 with 6 flats. According to its 2025 annual report, the association's long-term liabilities were €54,420 (€118 per m² of flat space) and it held €5,063 in cash. Long-term liabilities have fallen 31% since 2019.

Board

  • MTMadis Toompuuboard member2 years 9 months
  • RÕRaigo Õiglasboard member6 years 7 months
  • VLVitali Leppboard member6 years 7 months
E
Association grade
E · weak
Haapsalu linn: ranked 194 of 199 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilityweak
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Built
1987
Storeys
3
Construction
block
Flats
6
Lift
no
Heating
district heating

The association's buildings (2)

Männi tn 76 flats, Männi tn 96 flats

Long-term liabilities
€54,420
as of 31.12.2025
Liabilities per m²
€118
similar buildings with a loan €49
Cash
€5,063
€11/m² · similar €15/m²
Income per m² a month
€0.51
similar buildings €0.94

Compared with similar buildings: Haapsalu linn, built 1982–1992, block (31 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
172 €/m²2019174 €/m²2020162 €/m²2021152 €/m²2022142 €/m²2023131 €/m²2024118 €/m²2025

Loan principal repayment is an estimated €0.90 per m² of flat space a month, about €45 a month for a 50 m² flat (interest not included) — more than 83% of associations repaying a loan. The median is €0.52 in Estonia and €0.43 in Haapsalu linn. At the current pace the loan will be repaid around 2036.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€54,420€10,947€5,063€2,820€0
2024€60,237€10,670€6,894€2,749€0
2023€65,627€10,184€5,592€2,677€0
2022€70,202€10,116€6,743€2,395€0
2021€74,792€10,460€5,138€2,399€0
2020€80,161€10,028€3,743€3,813€0
2019€79,136€9,541€3,234€44,544€0

Compared with similar buildings (Haapsalu linn, built 1982–1992, block; 31 associations), long-term liabilities per m² of flat space are higher than 87% of them. The median for buildings with a loan is €49/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 Männi tn 9 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CMänni tn 41983 · 6 flats€0€24,2762025
BMänni tn 21983 · 6 flats€0€5,6002024
CVahtra põik 31983 · 18 flats€0€14,5942025
BVahtra põik 41979 · 18 flats€93,169€5,9192025
BVahtra põik 51983 · 18 flats€64,878€4,5752025
CTallinna mnt 28a1978 · 24 flats€0€16,2192025
DKastani tn 341991 · 60 flats€0€8,6972025
AKuuse tn 291982 · 12 flats€0€25,8112025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €54,420 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 €5,063.

When was the building built?

According to the building register, it was first used in 1987 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Madis Toompuu, Raigo Õiglas, Vitali Lepp (board since 09.03.2020).

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.