Apartment association · Tõrvandi alevik, Kambja vald
Ringtee 10 apartment association
Kambja vald, Tõrvandi alevik, Ringtee 10 korteriühistu (registry code 80392741) manages a 5-storey panel building built in 1975 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €318,727 (€95 per m² of flat space) and it held €36,398 in cash. Long-term liabilities have fallen 31% since 2019.
Board
- AKArgo Krierboard member3 years 5 months
- JMJana Morozovboard member8 years 9 months
- TTTeet Torilaboard member8 years 9 months
- House conditiongood
- age, energy class and works done
- Loan affordabilityaverage
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementaverage
- reports filed on time
Building
- Built
- 1975
- Storeys
- 5
- Construction
- panel
- Flats
- 60
- 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.
- „Müüg 3-toaline korter renoveeritud majas Tõrvandi alevikus“ · ad of 1 flat
- A
- B
- C
- DDvalid until 11.04.2029
- E
- F
- G
- H
Compared with similar buildings: Kambja vald (143 associations).
Finances by year
Loan principal repayment is an estimated €0.58 per m² of flat space a month, about €29 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 €0.66 in Kambja vald. At the current pace the loan will be repaid around 2039.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €318,727 | €63,703 | €36,398 | €20,444 | €0 |
| 2024 | €345,901 | €55,221 | €32,650 | €19,285 | €0 |
| 2023 | €369,095 | €53,592 | €31,550 | €25,265 | €0 |
| 2022 | €386,668 | €58,287 | €34,449 | €26,913 | €0 |
| 2021 | €409,734 | €68,758 | €44,014 | €12,485 | €0 |
| 2020 | €434,904 | €64,628 | €40,886 | €12,961 | €0 |
| 2019 | €459,495 | €60,532 | €37,287 | €15,939 | €0 |
Compared with similar buildings (Kambja vald; 143 associations), long-term liabilities per m² of flat space are higher than 82% of them. The median for buildings with a loan is €64/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €1,502–€1,502 per m². 1 flat was offered for rent at €410 a month.
Estate agents who have offered flats in this building
- Karl KudduOvonell OÜ1 flat
What is your flat worth?
An estimate for a flat at Ringtee 10 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| E | Ringtee 11Tõrvandi alevik1986 · 30 flats | €390,320 | €41,278 | 2025 |
| B | Ringtee 3Tõrvandi alevik1989 · 60 flats | €1,208,156 | €102,819 | 2025 |
| E | Ringtee 13Tõrvandi alevik1988 · 39 flats | €310,894 | €21,424 | 2025 |
| E | Ringtee 4Tõrvandi alevik1973 · 36 flats | €388,094 | €16,234 | 2025 |
| B | Ringtee 12Tõrvandi alevik1995 · 60 flats | €899,940 | €399,189 | 2025 |
| C | Ringtee 14Tõrvandi alevik1981 · 60 flats | €116,241 | €76,348 | 2025 |
| C | Ringtee 2Tõrvandi alevik1976 · 44 flats | €855,152 | €51,846 | 2025 |
| A | Papli tn 8Tõrvandi alevik1969 · 12 flats | €249,092 | €11,025 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €318,727 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 €36,398.
When was the building built?
According to the building register, it was first used in 1975 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Argo Krier, Jana Morozov, Teet Torila (board since 08.01.2018).
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.