Apartment association · Alu alevik, Rapla vald
Saaremäe tn 1 apartment association
Rapla vald, Alu alevik, Saaremäe tn 1 korteriühistu (registry code 80281438) manages a 2-storey brick building built in 1972 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €7,203 (€13 per m² of flat space) and it held €5,400 in cash. Long-term liabilities have fallen 58% since 2019.
Board
- 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
Building
- Built
- 1972
- Storeys
- 2
- Construction
- brick
- Flats
- 12
- Lift
- no
- Heating
- stove
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
- Pipes2023
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Katus vahetatud umbes 12 aastat tagasi.“ · ad of 1 flat
- „MAJA 2023 aastal renoveeritud vee- ja kanalisatsioonipüstakud ja uus torustik ka keldrites.“ · ad of 1 flat
- „Lisaks vahetatud trepikodade aknad.“ · ad of 1 flat
Building page: Saaremäe tn 1 →
Compared with similar buildings: Rapla vald, built 1967–1977 (35 associations).
Finances by year
Loan principal repayment is an estimated €1.89 per m² of flat space a month, about €95 a month for a 50 m² flat (interest not included) — more than 97% of associations repaying a loan. The median is €0.52 in Estonia and €0.56 in Rapla vald. At the current pace the loan will be repaid around 2026.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €7,203 | €846 | €5,400 | €8,590 | — |
| 2024 | €5,005 | €746 | €4,157 | €5,095 | — |
| 2023 | €0 | €5,206 | €10,030 | €6,619 | — |
| 2022 | €12,818 | €963 | €16,956 | €8,148 | — |
| 2021 | €10,514 | €3,098 | €11,574 | €7,468 | — |
| 2020 | €11,036 | €4,399 | €9,223 | €6,352 | €0 |
| 2019 | €17,126 | €4,592 | €10,949 | €6,206 | €0 |
Compared with similar buildings (Rapla vald, built 1967–1977; 35 associations), long-term liabilities per m² of flat space are higher than 29% of them. The median for buildings with a loan is €83/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €1,017–€1,017 per m².
Estate agents who have offered flats in this building
- Annika LinnamägiRaid & Ko OÜ1 flat
What is your flat worth?
An estimate for a flat at Saaremäe tn 1 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Saaremäe tn 2Alu alevik1991 · 6 flats | no reports | ||
| C | Mäe tn 8Alu alevik1973 · 21 flats | €457,886 | €31,684 | 2025 |
| C | Mäe tn 7Alu alevik1972 · 18 flats | €40,264 | €46,244 | 2025 |
| C | Mäe tn 1Alu alevik1991 · 12 flats | €0 | €393 | 2025 |
| – | Pargi tn 2Alu alevik1984 · 6 flats | no reports | ||
| C | Mäe tn 2Alu alevik1991 · 12 flats | €0 | €18,474 | 2025 |
| B | Mäe tn 6Alu alevik27 flats | €159,777 | €6,299 | 2025 |
| B | Pargi tn 4Alu alevik1991 · 7 flats | €0 | €16,523 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €7,203 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 €5,400.
When was the building built?
According to the building register, it was first used in 1972 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Eleni Soosaar, Oleg Larin (board since 29.06.2026).
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.