Apartment association · Maardu linn

Nurga tn 8 apartment association

Maardu linn, Nurga tn 8 korteriühistu (registry code 80007772) manages a 9-storey brick building built in 1994 with 108 flats. According to its 2025 annual report, the association's long-term liabilities were €12,160 (€2 per m² of flat space) and it held €21,317 in cash. In 2021 long-term liabilities rose from €0 to €34,593 — usually a sign of a renovation.

Board

  • GAGalina Atanovaboard member8 years 9 months
  • SMSergei Molodtsovboard member6 years 11 months
  • TPTatjana Perlovskajaboard member8 years 9 months
  • VSViktor Solodovnikboard member8 years 9 months
  • YMYevgen Mirzoievboard member8 years 9 months
C
Association grade
C · average
Maardu linn: ranked 83 of 146 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
Managementgood
reports filed on time

Building

Built
1994
Storeys
9
Construction
brick
Flats
108
Lift
yes
Heating
district heating
Energy class
  • A
  • B
  • C
  • D
  • EEvalid until 24.07.2029
  • F
  • G
  • H

Building page: Nurga tn 8 →

Long-term liabilities
€12,160
as of 31.12.2025
Liabilities per m²
€2
similar buildings with a loan €13
Cash
€21,317
€3/m² · similar €11/m²
Income per m² a month
€0.98
similar buildings €1.55

Compared with similar buildings: Maardu linn (146 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20205 €/m²new loan20217 €/m²20225 €/m²20235 €/m²20242 €/m²2025
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.16 per m² of flat space a month, about €8 a month for a 50 m² flat (interest not included) — less than 90% of associations repaying a loan. The median is €0.52 in Estonia and €0.35 in Maardu linn. At the current pace the loan will be repaid around 2027.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€12,160€28,640€21,317€74,539€30,782
2024€28,761€27,199€45,809€52,667€26,745
2023€30,125€31,054€46,906€65,408€27,221
2022€42,232€26,790€59,400€43,081€23,895
2021€34,593€27,165€50,387€42,636€20,063
2020€0€45,031€44,788€57,489€22,203
2019€0€45,668€48,928€37,803€19,206

Compared with similar buildings (Maardu linn; 146 associations), long-term liabilities per m² of flat space are higher than 61% of them. The median for buildings with a loan is €22/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €1,552–€1,552 per m². 1 flat was offered for rent at €500 a month.

Estate agents in Maardu · Flat prices in Maardu

Estate agents who have offered flats in this building

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An estimate for a flat at Nurga tn 8 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DVeeru tn 201992 · 144 flats€0€31,3352025
BVeeru tn 221993 · 108 flats€943€17,7702025
DNurga tn 61990 · 144 flats€0€23,2272025
BVeeru tn 181988 · 108 flats€0€21,3282025
AVeeru tn 241993 · 108 flats€11,691€29,4552025
CKellamäe tn 51988 · 45 flats€0€24,6872025
BVeeru tn 161988 · 72 flats€0€45,0732025
BKellamäe tn 121986 · 60 flats€0€27,2952025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €12,160 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 €21,317.

When was the building built?

According to the building register, it was first used in 1994 and has 9 storeys.

Who is on the association's board?

According to the business register, the board members are Galina Atanova, Sergei Molodtsov, Tatjana Perlovskaja, Viktor Solodovnik, Yevgen Mirzoiev (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.