Apartment association · Haapsalu linn

Räägu tn 4 apartment association

Haapsalu linn, Räägu tn 4 korteriühistu (registry code 80426227) manages a 1-storey brick building with 6 flats. According to its 2025 annual report, the association's long-term liabilities were €14,097 (€102 per m² of flat space) and it held €643 in cash. In 2020 long-term liabilities rose from €0 to €25,486 — usually a sign of a renovation.

Board

  • TJTiina Järitsaboard member6 years 2 months
  • TKTriin Kibuspuuboard member8 years 9 months
A
Association grade
A · very good
Haapsalu linn: ranked 40 of 199 graded associations.
House conditionno data
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
Managementaverage
reports filed on time

Building

Storeys
1
Construction
brick
Flats
6
Lift
no
Heating
stove

Building page: Räägu tn 4 →

Long-term liabilities
€14,097
as of 31.12.2025
Liabilities per m²
€102
similar buildings with a renovation loan €117
Cash
€643
€5/m² · similar €14/m²
Income per m² a month
€6.61
similar buildings €1.08

Compared with similar buildings: Haapsalu linn (199 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²2019185 €/m²new loan2020171 €/m²20210 €/m²20220 €/m²20230 €/m²2024102 €/m²2025
similar buildings with a renovation loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€14,097€0€643€10,947€0
2024€0€16,225€741€3,628€0
2023€0€19,949€221€4,120€0
2022€0€21,710€448€759€0
2021€23,633€0€245€2,721€0
2020€25,486€624€2€4,283€0
2019€0€624€2,781€3,533€0

Compared with similar buildings (Haapsalu linn; 199 associations), long-term liabilities per m² of flat space are higher than 83% of them. The median for buildings with a loan is €63/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 Räägu tn 4 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Tellisetehase tn 21939 · 3 flatsno reports
DKiltsi tee 181947 · 7 flats€0€3,7022025
–Kiltsi tee 161956 · 2 flatsno reports
EKiltsi tee 51952 · 8 flats€0€6,7892025
CKiltsi tee 121980 · 12 flats€0€1,4732025
DTulika tn 3Paralepa alevik1967 · 7 flats€28,121€7282024
DPargi tn 11965 · 12 flats€0€7,1152025
CKiltsi tee 12b1990 · 12 flats€0€4,5052025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €14,097 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 €643.

Who is on the association's board?

According to the business register, the board members are Tiina Järitsa, Triin Kibuspuu (board since 08.01.2018).

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.