Apartment association · Tallinn

Puhangu tn 2 apartment association

Tallinn, Puhangu tn 2 korteriühistu (registry code 80131584) manages a 4-storey block building built in 1963 with 48 flats. According to its 2025 annual report, the association's long-term liabilities were €144,697 (€71 per m² of flat space) and it held €14,904 in cash. Long-term liabilities have fallen 24% since 2019.

Board

A
Association grade
A · very good
Tallinn: ranked 40 of 4,374 graded associations.
House conditiongood
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 · professional manager

Building

Built
1963
Storeys
4
Construction
block
Flats
48
Lift
no
Heating
district heating

Works on the building

Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.

The building has been fully renovated
  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Korter asub renoveeritud 4-korruselise maja kõrgel esimesel korrusel.“ · ad of 1 flat
  • „Maja fassaad on renoveeritud ja sellele on omistatud E-energiaklassi energiamärgis.“ · ads of 2 flats
  • „korrastatud on nii fassaad, kui küttesüsteem (tarbimismõõdikutega radiaatorid).“ · ad of 1 flat
  • „täiesti uus elektrisüsteem“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • D
  • EE
  • F
  • G
  • H

Building page: Puhangu tn 2 →

Long-term liabilities
€144,697
as of 31.12.2025
Liabilities per m²
€71
similar buildings with a renovation loan €95
Cash
€14,904
€7/m² · similar €16/m²
Income per m² a month
€1.12
similar buildings €1.32

Compared with similar buildings: Tallinn, built 1958–1968, block (85 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
94 €/m²201990 €/m²202086 €/m²202182 €/m²202280 €/m²202376 €/m²202471 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.30 per m² of flat space a month, about €15 a month for a 50 m² flat (interest not included) — less than 76% of associations repaying a loan. The median is €0.52 in Estonia and €0.51 in Tallinn. At the current pace the loan will be repaid around 2045.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€144,697€21,353€14,904€27,103€12,693
2024€153,399€17,742€11,166€26,384€12,810
2023€161,022€19,755€9,118€37,785€11,616
2022€166,833€25,662€18,754€23,628€11,205
2021€173,806€25,322€16,062€23,565€10,761
2020€182,222€23,069€15,577€23,334€10,420
2019€190,449€25,209€17,465€39,170€9,980

Compared with similar buildings (Tallinn, built 1958–1968, block; 85 associations), long-term liabilities per m² of flat space are higher than 86% of them. The median for buildings with a loan is €35/m².

Flats in this building

Over the last 12 months 4 flats have been for sale in this building, asking €2,374–€3,148 per m². 1 flat was offered for rent at €650 a month.

Estate agents in Pelguranna · Flat prices in Pelguranna

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Puhangu tn 2 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CPuhangu tn 101970 · 154 flats€0€35,7642025
CPuhangu tn 141975 · 55 flats€0€59,3902025
–Puhangu tn 21 // 231977€0€1,2022025
CKaera tn 26 // Sõle tn 481979 · 134 flats€3,538€23,4322025
BKaera tn 221951 · 79 flats€0€104,3712025
APuhangu tn 121971 · 85 flats€0€167,1792025
–Ehte tn 41987€0€1,3422025
EKaera tn 201962 · 10 flats€18,163€19,1042024

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €144,697 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 €14,904.

When was the building built?

According to the building register, it was first used in 1963 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Annika Saksing, Rimma Gurkina, Sirje Igalaan (board since 30.12.2017).

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.