Apartment association · Võru linn
Olevi tn 38 apartment association
Võru linn, Olevi tn 38 korteriühistu (registry code 80006933) manages a 4-storey brick building built in 1994 with 14 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €43,395 in cash. The report shows no long-term liabilities.
Board
- AEAare Eicheboard member8 years 9 months
- MNMartin Niilusboard member5 years 6 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash buffergood
- cash per m², 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 1994
- Storeys
- 4
- Construction
- brick
- Flats
- 14
- Lift
- no
- Heating
- district heating
Compared with similar buildings: Võru linn (171 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €0 | €0 | €43,395 | €29,735 | €0 |
| 2024 | €0 | €0 | €31,181 | €29,406 | €0 |
| 2023 | €0 | €0 | €20,956 | €27,006 | €0 |
| 2022 | €0 | €0 | €12,760 | €14,566 | €0 |
| 2021 | €0 | €0 | €15,328 | €14,110 | €0 |
| 2020 | €0 | €0 | €14,311 | €11,806 | €0 |
| 2019 | €0 | €0 | €13,007 | €12,682 | €0 |
Of similar buildings (Võru linn; 171 associations), 43% have long-term liabilities; this association has none.
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 Olevi tn 38 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Olevi tn 36a1980 · 12 flats | €0 | €15,031 | 2025 |
| C | Jüri tn 811987 · 45 flats | €73,191 | €85,359 | 2025 |
| C | Olevi tn 361979 · 15 flats | €18,542 | €18,312 | 2025 |
| C | Olevi tn 331984 · 30 flats | €0 | €24,334 | 2025 |
| B | Jüri tn 791974 · 45 flats | €0 | €63,012 | 2025 |
| C | Olevi tn 341992 · 14 flats | €12,624 | €12,312 | 2025 |
| A | Olevi tn 311982 · 60 flats | €0 | €96,649 | 2025 |
| B | Olevi tn 34a1989 · 21 flats | €305,735 | €17,541 | 2025 |
Frequently asked questions
Does the association have a loan?
The 2025 report shows no long-term liabilities.
How much cash does the association have?
At the end of 2025 the association held €43,395.
When was the building built?
According to the building register, it was first used in 1994 and has 4 storeys.
Who is on the association's board?
According to the business register, the board members are Aare Eiche, Martin Niilus (board since 06.01.2018).
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.