Apartment association · Viimsi alevik, Viimsi vald
Nelgi tee 3 apartment association
Viimsi vald, Viimsi alevik, Nelgi tee 3 korteriühistu (registry code 80494737) manages a 4-storey brick building built in 2003 with 49 flats. According to its 2025 annual report, the association's long-term liabilities were €2,542 (€1 per m² of flat space) and it held €7,020 in cash.
Board
The association is run by Osaühing MAKET KINNISVARA.
- OMOsaühing MAKET KINNISVARAappointed manager4 years 10 months
- House conditionaverage
- 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
- Managementgood
- reports filed on time · professional manager
Building
- Built
- 2003
- Storeys
- 4
- Construction
- brick
- Flats
- 49
- Heating
- district heating
- A
- B
- C
- DDvalid until 05.05.2036
- E
- F
- G
- H
Compared with similar buildings: Viimsi vald, built 1998–2008 (44 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €2,542 | €9,142 | €7,020 | €28,329 | €0 |
| 2024 | €0 | €9,481 | €3,180 | €32,352 | €0 |
| 2023 | €0 | €13,013 | €8,018 | €32,666 | €0 |
| 2022 | €0 | €22,533 | €18,187 | €18,077 | €0 |
| 2021 | €0 | €20,294 | €15,998 | €24,093 | €0 |
| 2020 | €0 | €17,547 | €15,310 | €29,480 | €0 |
| 2019 | €0 | €24,791 | €23,218 | €19,965 | €0 |
Compared with similar buildings (Viimsi vald, built 1998–2008; 44 associations), long-term liabilities per m² of flat space are higher than 75% of them. The median for buildings with a loan is €9/m².
Flats in this building
Over the last 12 months 7 flats have been for sale in this building, asking €3,157–€4,770 per m². 3 flats were offered for rent at €450–€770 a month.
Estate agents who have offered flats in this building
- Dover KinnisvaraDover Kinnisvara OÜ1 flat
- Evely MõttusDomus Kinnisvara1 flat
- Kathriin UsaiCity Property OÜ1 flat
- Keith TootsiAlpina Kinnisvara1 flat
- Lii SalusaarKinnisvarabüroo Uus Maa OÜ1 flat
- Liis KliimandDomus Kinnisvara Vahendus OÜ1 flat
What is your flat worth?
An estimate for a flat at Nelgi tee 3 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Hüatsindi tee 1 // Nelgi tee 5Viimsi alevik2017 · 45 flats | €66,406 | €80,675 | 2025 |
| B | Mooni tee 6Viimsi alevik1983 · 57 flats | €64,095 | €27,600 | 2025 |
| B | Hüatsindi tee 2 // Nelgi põik 1Viimsi alevik2018 · 38 flats | €0 | €43,811 | 2025 |
| A | Astri tee 2aViimsi alevik2003 · 11 flats | €88,646 | €839 | 2025 |
| A | Roosi tee 6Viimsi alevik, Roosi tee 41968 · 12 flats | €98,669 | €16,619 | 2025 |
| A | Mooni tee 5Viimsi alevik1983 · 60 flats | €160,016 | €37,989 | 2025 |
| – | Nelgi põik 4Viimsi alevik49 flats | no reports | ||
| C | Aiandi tee 2aViimsi alevik2010 · 19 flats | €237,059 | €6,634 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €2,542 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 €7,020.
When was the building built?
According to the building register, it was first used in 2003 and has 4 storeys.
Who is on the association's board?
According to the business register, the association is run by Osaühing MAKET KINNISVARA.
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.