Apartment association · Lubja küla, Viimsi vald

Paevälja tee 17 apartment association

Viimsi vald, Lubja küla, Paevälja tee 17 korteriühistu (registry code 80457720) manages a 2-storey block building built in 2017 with 6 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €3,029 in cash. The report shows no long-term liabilities.

Board

A
Association grade
A · very good
Viimsi vald: ranked 33 of 135 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferweak
cash per m², 3-year average
Managementgood
reports filed on time

Building

Built
2017
Storeys
2
Construction
block
Flats
6
Heating
stove

Building page: Paevälja tee 17 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€3,029
€4/m² · similar €4/m²
Income per m² a month
€0.71
similar buildings €0.21

Compared with similar buildings: Viimsi vald, built 2012–2022, block (16 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€262€3,029€6,590—
2024€0€262€2,515€2,454—
2023€0€262€2,475€1,924—
2022€0€262€3,247€3,501—
2021€0€262€2,394€2,710—
2020€0€262€1,220€540—
2019€0€262€1,322€2,656—

Of similar buildings (Viimsi vald, built 2012–2022, block; 16 associations), 44% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €2,976–€2,976 per m².

Estate agents who have offered flats in this building

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An estimate for a flat at Paevälja tee 17 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BAlajaama tee 1Lubja küla2017 · 4 flats€4,459€3,3922024
CPaevälja tee 15Lubja küla2017 · 5 flats€0€1,4652025
BAlajaama tee 3Lubja küla2017 · 6 flats€0€6,5502024
APaevälja tee 13Lubja küla2017 · 7 flats€0€5092025
–Paevälja tee 11Lubja küla2017 · 5 flats€0€2692023
–Paevälja tee 28Lubja küla2019 · 5 flats€0—2020
–Vikerkaare tee 19Viimsi alevik2022 · 2 flatsno reports
CPaevälja tee 26Lubja küla2021 · 6 flats€0€12025

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 €3,029.

When was the building built?

According to the building register, it was first used in 2017 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Margus Mäe (board since 09.11.2018).

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.