Apartment association · Viljandi linn
Riia mnt 28 apartment association
Viljandi linn, Riia mnt 28 korteriühistu (registry code 80042550) manages a 5-storey block building built in 1985 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €287,869 (€86 per m² of flat space) and it held €20,459 in cash. Long-term liabilities have fallen 31% since 2019.
Board
- JGJuta Grossthalboard member8 years 9 months
- 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
Building
- Built
- 1985
- Storeys
- 5
- Construction
- block
- Flats
- 60
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
- A
- B
- CCvalid until 16.04.2029
- D
- E
- F
- G
- H
Compared with similar buildings: Viljandi linn, built 1980–1990 (38 associations).
Finances by year
Loan principal repayment is an estimated €0.53 per m² of flat space a month, about €27 a month for a 50 m² flat (interest not included) — about average for associations repaying a loan. The median is €0.52 in Estonia and €0.71 in Viljandi linn. At the current pace the loan will be repaid around 2039.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €287,869 | €34,639 | €20,459 | €51,834 | €18,488 |
| 2024 | €312,681 | €29,737 | €14,011 | €61,080 | €18,288 |
| 2023 | €335,257 | €25,734 | €13,216 | €60,267 | €16,825 |
| 2022 | €352,862 | €36,935 | €23,097 | €45,907 | €17,020 |
| 2021 | €372,694 | €31,534 | €16,623 | €35,572 | €17,046 |
| 2020 | €396,694 | €26,212 | €16,187 | €52,960 | €8,555 |
| 2019 | €419,553 | €31,677 | €26,549 | €20,267 | €10,406 |
Compared with similar buildings (Viljandi linn, built 1980–1990; 38 associations), long-term liabilities per m² of flat space are higher than 47% of them. The median for buildings with a loan is €132/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €1,270–€1,270 per m². 1 flat was offered for rent at €240 a month.
Estate agents in Viljandi · Flat prices in Viljandi
Estate agents who have offered flats in this building
- Aime OpermannArco Vara Kinnisvarabüroo OÜ1 flat
What is your flat worth?
An estimate for a flat at Riia mnt 28 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Riia mnt 28a1983 · 60 flats | €135,822 | €56,343 | 2025 |
| B | Riia mnt 261986 · 59 flats | €477,395 | €55,114 | 2025 |
| A | Riia mnt 151995 · 24 flats | €0 | €27,255 | 2025 |
| B | Lennuki tn 31987 · 45 flats | €332,084 | €43,613 | 2025 |
| B | Männimäe tee 251982 · 45 flats | €57,380 | €25,980 | 2024 |
| A | Riia mnt 71990 · 45 flats | €393,342 | €68,201 | 2025 |
| E | Riia mnt 321984 · 30 flats | €346,847 | €244,837 | 2025 |
| A | Männimäe tee 271981 · 60 flats | €269,970 | €61,045 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €287,869 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 €20,459.
When was the building built?
According to the building register, it was first used in 1985 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Juta Grossthal (board since 06.01.2018).
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.