Apartment association · Õisu alevik, Mulgi vald

Ringi tn 1 apartment association

Mulgi vald, Õisu alevik, Ringi tn 1 korteriühistu (registry code 80538268) manages a 2-storey block building built in 1992 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €3,169 (€6 per m² of flat space) and it held €4,413 in cash. Long-term liabilities have fallen 64% since 2019.

C
Association grade
C · average
Mulgi vald: ranked 44 of 93 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
Managementaverage
reports filed on time

Building

Built
1992
Storeys
2
Construction
block
Flats
8
Lift
no
Heating
stove

Building page: Ringi tn 1 →

Long-term liabilities
€3,169
as of 31.12.2025
Liabilities per m²
€6
similar buildings with a loan €11
Cash
€4,413
€9/m² · similar €17/m²
Income per m² a month
€0.96
similar buildings €0.95

Compared with similar buildings: Mulgi vald (93 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
17 €/m²201919 €/m²20201 €/m²20215 €/m²20222 €/m²20238 €/m²20246 €/m²2025
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.16 per m² of flat space a month, about €8 a month for a 50 m² flat (interest not included) — less than 90% of associations repaying a loan. The median is €0.52 in Estonia. At the current pace the loan will be repaid around 2029.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€3,169€1,308€4,413€5,954—
2024€4,002€1,330€5,417€1,361€0
2023€1,275€1,633€1,713€14,894€492
2022€2,475€1,550€4,227€1,473€492
2021€617€1,650€2,077€21,782€492
2020€9,681€1,372€10,758€2,562€492
2019€8,703€1,192€8,686€1,718€500

Compared with similar buildings (Mulgi vald; 93 associations), long-term liabilities per m² of flat space are higher than 55% of them. The median for buildings with a loan is €73/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 Ringi tn 1 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CÕisu tee 10Õisu alevik1939 · 12 flats€0€5,6522025
DRingi tn 3Õisu alevik1992 · 8 flats€4,150€8,9532024
CÕisu tee 9Õisu alevik1975 · 12 flats€0€1,2142025
CRingi tn 5Õisu alevik1992 · 12 flats€0€8,3142025
CÕisu tee 11Õisu alevik1975 · 12 flats€0€8,8312025
CRingi tn 7Õisu alevik1987 · 12 flats€8,336€13,0922025
CRingi tn 9Õisu alevik1907 · 14 flats€22,354€18,0412024
CRingi tn 11Õisu alevik1992 · 18 flats€0€16,0172025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €3,169 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 €4,413.

When was the building built?

According to the building register, it was first used in 1992 and has 2 storeys.

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.