Apartment association · Narva linn

Rakvere tn 40a apartment association

Narva linn, Rakvere tn 40a korteriühistu (registry code 80180281) manages a 9-storey panel building built in 1991 with 53 flats. According to its 2025 annual report, the association's long-term liabilities were €14,152 (€7 per m² of flat space) and it held €22,115 in cash.

Board

A
Association grade
A · very good
Narva linn: ranked 27 of 407 graded associations.
House conditionaverage
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
1991
Storeys
9
Construction
panel
Flats
53
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.

  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Trepikoda on renoveeritud“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • DD
  • E
  • F
  • G
  • H

Building page: Rakvere tn 40a →

Long-term liabilities
€14,152
as of 31.12.2025
Liabilities per m²
€7
similar buildings with a loan €16
Cash
€22,115
€11/m² · similar €8/m²
Income per m² a month
€1.23
similar buildings €1.04

Compared with similar buildings: Narva linn, built 1986–1996, panel (33 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20210 €/m²20225 €/m²20235 €/m²20247 €/m²2025

Loan principal repayment is an estimated €0.06 per m² of flat space a month, about €3 a month for a 50 m² flat (interest not included) — less than 97% of associations repaying a loan. The median is €0.52 in Estonia and €0.22 in Narva linn. At the current pace the loan will be repaid around 2035.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€14,152€9,607€22,115€29,227-€13,467
2024€9,292€10,270€17,294€33,513-€13,016
2023€10,646€8,834€16,454€23,243-€11,490
2022€0€16,650€16,332€18,129-€8,993
2021€0€14,977€13,273€21,335-€9,702
2020€0€13,544€13,434€20,889-€9,945
2019€0€4,357€17,293€19,950-€9,128

Compared with similar buildings (Narva linn, built 1986–1996, panel; 33 associations), long-term liabilities per m² of flat space are higher than 76% of them. The median for buildings with a loan is €16/m².

Flats in this building

Over the last 12 months 4 flats have been for sale in this building, asking €454–€663 per m². 2 flats were offered for rent at €200–€220 a month.

Estate agents in Kalevi · Flat prices in Kalevi

Estate agents who have offered flats in this building

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An estimate for a flat at Rakvere tn 40a from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DKangelaste prospekt 7a1988 · 90 flats€0€17,3982025
DRakvere tn 401965 · 80 flats€0€33,3462025
DRakvere tn 381965 · 78 flats€0€12,9572025
DRakvere tn 421966 · 80 flats€0€25,8182025
CRakvere tn 361965 · 80 flats€0€95,6112025
CKangelaste prospekt 71966 · 80 flats€7,036€8,3092025
DKevade tn 111993 · 35 flats€0€20,0162025
CKangelaste prospekt 51966 · 77 flats€0€31,0222025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €14,152 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 €22,115.

When was the building built?

According to the building register, it was first used in 1991 and has 9 storeys.

Who is on the association's board?

According to the business register, the board members are Anna Pushkareva, Jelena Daškevitš, Nadežda Nikolajeva (board since 07.01.2018).

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.