Apartment association · Tallinn

Raekoja plats 16 // Vene tn 3 apartment association

Tallinn, Raekoja plats 16 // Vene tn 3 korteriühistu (registry code 80523806) manages a 5-storey brick building built in 1920 with 3 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €21,915 in cash. The report shows no long-term liabilities.

Board

The association is run by OÜ VANALINNA MEISTER.

Raekoja plats 16 // Vene tn 3 – the building from outside
Photo: from a 1PARTNER Kinnisvara Tallinn, Kinnisvara24 ad
C
Association grade
C · average
Tallinn: ranked 2959 of 4,374 graded associations.
House conditionweak
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 · professional manager

Building

Built
1920
Storeys
5
Construction
brick
Flats
3
Heating
district heating
Long-term liabilities
€0
as of 31.12.2025
Cash
€21,915
€54/m² · similar €20/m²
Income per m² a month
€3.75
similar buildings €1.60

Compared with similar buildings: Tallinn, built 1915–1925, brick (19 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€31,451€21,915€18,157€0
2024€0€30,883€23,666€16,379€0
2023€0€24,554€19,297€15,781€0
2022€0€19,431€10,204€53,626€0
2021€0€18,460€11,866€37,262€0
2020€0€11,148€7,508€41,540€0
2019€0€9,694€5,490€34,180€0

Of similar buildings (Tallinn, built 1915–1925, brick; 19 associations), 58% 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 €3,578–€3,578 per m².

Estate agents in Vanalinn · Flat prices in Vanalinn

Estate agents who have offered flats in this building

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An estimate for a flat at Raekoja plats 16 // Vene tn 3 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Vana-Posti tn 3a€0€32023
AKuninga tn 11994 · 12 flats€0€27,6722025
BSuur-Karja tn 81940 · 5 flats€0€6,4602025
CSuur-Karja tn 9 // Väike-Karja tn 41940 · 7 flats€0€24,3662025
–Väike-Karja tn 6a1994 · 2 flatsno reports
BHarju tn 3 // Vana-Posti tn 21994 · 12 flats€0€4,8962025
ASuur-Karja tn 1216 flats€0€1,5402024
EHarju tn 51893 · 13 flats€0€19,0282025

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 €21,915.

When was the building built?

According to the building register, it was first used in 1920 and has 5 storeys.

Who is on the association's board?

According to the business register, the association is run by OÜ VANALINNA MEISTER.

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.