Apartment association · Viljandi linn
Riia mnt 38a apartment association
Viljandi linn, Riia mnt 38a korteriühistu (registry code 80083744) manages a 5-storey panel building built in 1987 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €623,442 (€178 per m² of flat space) and it held €46,385 in cash. In 2021 long-term liabilities rose from €0 to €730,155 — usually a sign of a renovation.
Board
- HLHarlis Lappertboard member2 years 3 months
- MTMaie Tensingboard member8 years 9 months
- MSMarek Siimonboard member8 years 5 months
- MHMarge Heinboard member5 years 9 months
- RKRaul Kukkboard member5 years 9 months
- STSvetlana Tederboard member8 years 9 months
- 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
- Managementaverage
- reports filed on time
Building
- Built
- 1987
- Storeys
- 5
- Construction
- panel
- Flats
- 60
- Lift
- no
- Heating
- district heating
- A
- B
- C
- DDvalid until 30.12.2030
- E
- F
- G
- H
Compared with similar buildings: Viljandi linn, built 1982–1992, panel (18 associations).
Finances by year
Loan principal repayment is an estimated €0.64 per m² of flat space a month, about €32 a month for a 50 m² flat (interest not included) — more than 63% of 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 2049.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €623,442 | €106,609 | €46,385 | €90,619 | €14,328 |
| 2024 | €653,417 | €105,813 | €37,564 | €110,998 | €11,995 |
| 2023 | €683,501 | €118,856 | €33,309 | €78,913 | €8,102 |
| 2022 | €706,975 | €121,044 | €35,744 | €56,136 | €8,102 |
| 2021 | €730,155 | €109,651 | €50,146 | €75,816 | €8,102 |
| 2020 | €0 | €130,543 | €102,743 | €14,653 | €7,975 |
| 2019 | €0 | €99,884 | €68,160 | €17,335 | €5,249 |
Compared with similar buildings (Viljandi linn, built 1982–1992, panel; 18 associations), long-term liabilities per m² of flat space are higher than 78% of them. The median for buildings with a loan is €144/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €1,463–€1,463 per m². 1 flat was offered for rent at €250 a month.
Estate agents in Viljandi · Flat prices in Viljandi
Estate agents who have offered flats in this building
- Li OtsingUus Maa1 flat
What is your flat worth?
An estimate for a flat at Riia mnt 38a from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Riia mnt 361980 · 60 flats | €338,474 | €66,425 | 2025 |
| B | Riia mnt 491986 · 16 flats | €457,737 | €4,925 | 2025 |
| C | Riia mnt 511986 · 12 flats | €0 | €44,615 | 2025 |
| A | Männimäe tee 331980 · 45 flats | €326,327 | €83,743 | 2025 |
| B | Männimäe tee 351982 · 75 flats | €623,726 | €21,407 | 2025 |
| B | Riia mnt 34a1983 · 45 flats | €198,961 | €53,063 | 2025 |
| A | Riia mnt 531982 · 18 flats | €211,030 | €14,668 | 2025 |
| C | Riia mnt 381977 · 36 flats | €57,928 | €65,275 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €623,442 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 €46,385.
When was the building built?
According to the building register, it was first used in 1987 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Harlis Lappert, Maie Tensing, Marek Siimon, Marge Hein, Raul Kukk, Svetlana Teder (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.