Apartment association · Tartu linn

Puiestee tn 6 // 8 apartment association

Tartu linn, Puiestee tn 6 // 8 korteriühistu (registry code 80513989) manages a 1-storey wooden building built in 1977 with 1 flat. According to its 2024 annual report, the association's long-term liabilities were €14,033 (€276 per m² of flat space) and it held €17,678 in cash.

Board

  • HKHardy Klaasboard member1 month
  • JLJanar Liivatboard member8 years 7 months
  • MRMargo Rääkboard member8 years 7 months
C
Association grade
C · average
Tartu linn: ranked 1094 of 1,460 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash next to the loan, 3-year average
Managementweak
reports filed on time

Building

Built
1977
Storeys
1
Construction
wood
Flats
1
Lift
no
Heating
stove

Building page: Puiestee tn 8 →

Long-term liabilities
€14,033
as of 31.12.2024
Liabilities per m²
€276
similar buildings with a renovation loan €102
Cash
€17,678
€347/m² · similar €38/m²
Income per m² a month
€4.10
similar buildings €1.43

Compared with similar buildings: Tartu linn, built 1972–1982, wood (134 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
91 €/m²2019145 €/m²2020197 €/m²2021248 €/m²2022226 €/m²2023276 €/m²2024
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €1.87 per m² of flat space a month, about €94 a month for a 50 m² flat (interest not included) — more than 97% of associations repaying a loan. The median is €0.52 in Estonia and €0.66 in Tartu linn. At the current pace the loan will be repaid around 2037.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€14,033—€17,678€2,506—
2023€11,503—€15,053€6,397—
2022€12,645—€15,621€2,657—
2021€10,048—€13,587€2,432—
2020€7,359—€10,206€2,427—
2019€4,637—€6,901€2,378—

Compared with similar buildings (Tartu linn, built 1972–1982, wood; 134 associations), long-term liabilities per m² of flat space are higher than 97% of them. The median for buildings with a loan is €54/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €2,371–€2,371 per m².

Estate agents in Raadi-Kruusamäe · Flat prices in Raadi-Kruusamäe

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Puiestee tn 6 // 8 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DPuiestee tn 28 // 301977 · 4 flats€0€17,1892024
–Staadioni tn 361977 · 5 flatsno reports
BPuiestee tn 17a // 17b2021 · 8 flats€0€10,2292025
–Staadioni tn 671977no reports
BUjula tn 492006 · 12 flats€0€4682025
CUjula tn 471977 · 14 flats€115,545€30,6002025
DPuiestee tn 19 // 211977 · 9 flats€0€22,7282024
–Staadioni tn 301977 · 1 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2024 report, the association has €14,033 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 2024 the association held €17,678.

When was the building built?

According to the building register, it was first used in 1977 and has 1 storeys.

Who is on the association's board?

According to the business register, the board members are Hardy Klaas, Janar Liivat, Margo Rääk (board since 22.03.2018).

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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.