Apartment association · Keila linn

Niidu tn 3 apartment association

Keila linn, Niidu tn 3 korteriühistu (registry code 80027869) manages a 3-storey brick building built in 1985 with 15 flats. According to its 2025 annual report, the association's long-term liabilities were €7,458 (€9 per m² of flat space) and it held €12,915 in cash. Long-term liabilities have fallen 53% since 2019.

Board

  • AKArd Kruusementboard member8 years 9 months
  • LSLii Seppboard member8 years 9 months
C
Association grade
C · average
Keila linn: ranked 95 of 128 graded associations.
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
Managementaverage
reports filed on time

Building

Built
1985
Storeys
3
Construction
brick
Flats
15
Lift
no
Heating
district heating

Building page: Niidu tn 3 →

Long-term liabilities
€7,458
as of 31.12.2025
Liabilities per m²
€9
similar buildings with a loan €73
Cash
€12,915
€15/m² · similar €13/m²
Income per m² a month
€1.73
similar buildings €1.27

Compared with similar buildings: Keila linn, built 1980–1990 (39 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
19 €/m²201913 €/m²20209 €/m²202115 €/m²202216 €/m²202319 €/m²20249 €/m²2025

Loan principal repayment is an estimated €0.84 per m² of flat space a month, about €42 a month for a 50 m² flat (interest not included) — more than 80% of associations repaying a loan. The median is €0.52 in Estonia and €0.64 in Keila linn. At the current pace the loan will be repaid around 2026.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€7,458€2,100€12,915€17,506€0
2024€15,967€2,679€21,373€3,602€0
2023€13,657€2,257€17,969€4,987€0
2022€12,409€2,812€17,891€3,602€0
2021€7,582€2,193€12,461€7,771€0
2020€11,158€1,532€13,812€8,177€0
2019€15,728€1,795€17,196€3,721€0

Compared with similar buildings (Keila linn, built 1980–1990; 39 associations), long-term liabilities per m² of flat space are higher than 31% of them. The median for buildings with a loan is €73/m².

Flats in this building

1 flat was offered for rent at €360 a month.

Estate agents in Keila · Flat prices in Keila

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
ANiidu tn 3a1985 · 15 flats€133,669€12,2302025
ANiidu tn 51986 · 40 flats€173,280€12,6452025
ANurme tn 618 flats€966€3,3142025
ALuha tn 91982 · 60 flats€532,995€21,1032025
BPõhja tn 61968 · 18 flats€15,639€3,7772025
ALuha tn 111984 · 75 flats€1,267,976€55,0422025
CLuha tn 71983 · 45 flats€0€6,0982025
BLuha tn 131985 · 75 flats€106,016€25,7862025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €7,458 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 €12,915.

When was the building built?

According to the building register, it was first used in 1985 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Ard Kruusement, Lii Sepp (board since 29.12.2017).

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.