Apartment association · Haapsalu linn

Nurme tn 12 // 12a apartment association

Haapsalu linn, Nurme tn 12 // 12a korteriühistu (registry code 80164299) manages a 4-storey panel building built in 1978 with 36 flats. According to its 2025 annual report, the association's long-term liabilities were €420,240 (€240 per m² of flat space) and it held €38,187 in cash. Long-term liabilities have fallen 29% since 2019.

Board

  • ETEve Tautsboard member8 years 9 monthsalso: Haava tn 30
  • MVMaret Viilmaboard member8 years 9 months
  • MSMarika Sasseboard member8 years 9 months
  • TVTanel Valgreboard member8 years 9 months
E
Association grade
E · weak
Haapsalu linn: ranked 196 of 199 graded associations.
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
Managementaverage
reports filed on time

Building

Built
1978
Storeys
4
Construction
panel
Flats
36
Lift
no
Heating
district heating
Energy class
  • A
  • BBvalid until 12.04.2030
  • C
  • D
  • E
  • F
  • G
  • H

The association's buildings (2)

Nurme tn 1236 flats, Nurme tn 12a35 flats

Long-term liabilities
€420,240
as of 31.12.2025
Liabilities per m²
€240
similar buildings with a renovation loan €114
Cash
€38,187
€22/m² · similar €13/m²
Income per m² a month
€0.38
similar buildings €1.00

Compared with similar buildings: Haapsalu linn, built 1973–1983 (48 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
339 €/m²2019321 €/m²2020303 €/m²2021289 €/m²2022275 €/m²2023258 €/m²2024240 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €1.30 per m² of flat space a month, about €65 a month for a 50 m² flat (interest not included) — more than 93% 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 2041.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€420,240€36,092€38,187€7,958€6,005
2024€451,096€34,861€37,516€6,477€6,005
2023€480,774€30,566€40,048€6,890€6,021
2022€505,672€31,059€41,589€12,606€6,021
2021€530,613€36,903€39,069€14,142€6,021
2020€562,473€36,539€33,261€11,873€6,021
2019€593,853€35,806€30,559€12,482€6,031

Compared with similar buildings (Haapsalu linn, built 1973–1983; 48 associations), long-term liabilities per m² of flat space are higher than 92% of them. The median for buildings with a loan is €79/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 Nurme tn 12 // 12a from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CMetsa tn 381980 · 72 flats€85,153€53,5372025
CHaava tn 41978 · 18 flats€15,771€20,5352025
DMetsa tn 441969 · 8 flats€0€7,3252024
–Jalaka tn 1b1996no reports
CPõllu tn 11979 · 48 flats€0€24,1292025
AMetsa tn 491980 · 50 flats€0€15,5142025
BHaava tn 101976 · 64 flats€593,725€23,7442024
CJalaka tn 1a1988 · 38 flats€0€21,4072025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €420,240 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 €38,187.

When was the building built?

According to the building register, it was first used in 1978 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Eve Tauts, Maret Viilma, Marika Sasse, Tanel Valgre (board since 07.01.2018).

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.