Apartment association · Tartu linn
Nõva tn 4a apartment association
Tartu linn, Nõva tn 4a korteriühistu (registry code 80030452) manages a 4-storey brick building built in 1985 with 29 flats. According to its 2025 annual report, the association's long-term liabilities were €713,628 (€377 per m² of flat space) and it held €19,799 in cash. In 2022 long-term liabilities rose from €0 to €812,180 — usually a sign of a renovation.
Board
- GAGustav Amerboard member7 years 4 months
- UKUrmo Kiviselgboard member7 years 4 months
- House conditiongood
- 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
- 1985
- Storeys
- 4
- Construction
- brick
- Flats
- 29
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
- A
- BBvalid until 09.03.2034
- C
- D
- E
- F
- G
- H
Compared with similar buildings: Tartu linn, built 1980–1990, brick (27 associations).
Finances by year
Loan principal repayment is an estimated €0.94 per m² of flat space a month, about €47 a month for a 50 m² flat (interest not included) — more than 85% of associations repaying a loan. The median is €0.52 in Estonia and €0.66 in Tartu linn. At the current pace the loan will be repaid around 2059.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €713,628 | €32,002 | €19,799 | €14,368 | €0 |
| 2024 | €734,951 | €25,006 | €14,708 | €12,052 | €0 |
| 2023 | €803,780 | €21,507 | €10,046 | €41,792 | €0 |
| 2022 | €812,180 | €49,509 | €31,105 | €567,655 | €0 |
| 2021 | €0 | €118,166 | €126,511 | €22,378 | €0 |
| 2020 | €0 | €76,524 | €85,762 | €10,170 | €0 |
| 2019 | €0 | €51,669 | €60,732 | €14,204 | €0 |
Compared with similar buildings (Tartu linn, built 1980–1990, brick; 27 associations), long-term liabilities per m² of flat space are higher than 93% of them. The median for buildings with a loan is €44/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €2,443–€2,443 per m².
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Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Vaba tn 462009 · 8 flats | €0 | €7,887 | 2025 |
| B | Turu tn 311995 · 61 flats | €0 | €64,384 | 2025 |
| A | Nõva tn 41984 · 60 flats | €0 | €128,615 | 2025 |
| A | Nõva tn 31990 · 31 flats | €465,345 | €14,567 | 2025 |
| A | Sõbra tn 481981 · 59 flats | €350,387 | €25,594 | 2025 |
| – | Sõbra tn 441945 · 2 flats | no reports | ||
| – | Sõbra tn 461977 · 5 flats | no reports | ||
| A | Turu tn 29 // 29a // 29b2004 · 20 flats | €0 | €20,224 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €713,628 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 €19,799.
When was the building built?
According to the building register, it was first used in 1985 and has 4 storeys.
Who is on the association's board?
According to the business register, the board members are Gustav Amer, Urmo Kiviselg (board since 29.05.2019).
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.