Apartment association · Lohkva küla, Luunja vald

Salu tee 41 apartment association

Luunja vald, Lohkva küla, Salu tee 41 korteriühistu (registry code 80537790) manages a 2-storey wooden building built in 2011 with 6 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €16,719 in cash. The report shows no long-term liabilities.

Board

  • MLMarek Lillemägiboard member4 months
A
Association grade
A · very good
Luunja vald: ranked 16 of 60 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash per m², 3-year average
Managementaverage
reports filed on time

Building

Built
2011
Storeys
2
Construction
wood
Flats
6
Heating
stove

Building page: Salu tee 41 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€16,719
€54/m² · similar €11/m²
Income per m² a month
€0.29
similar buildings €0.96

Compared with similar buildings: Luunja vald, built 2006–2016 (24 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€16,195€16,719€1,068€0
2024€0€14,162€14,627€1,196€0
2023€0€12,296€12,639€1,394€0
2022€0€10,669€10,862€1,151€0
2021€0€8,722€8,828€1,320€0
2020€0€6,024€6,474€1,694€0
2019€0€3,414€4,034€2,157€0

Of similar buildings (Luunja vald, built 2006–2016; 24 associations), 33% have long-term liabilities; this association has none.

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 Salu tee 41 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BSalu tee 43Lohkva küla2011 · 6 flats€0€11,5862024
–Salu tee 39Lohkva küla2010 · 6 flatsno reports
–Salu tee 37Lohkva küla2010 · 6 flatsno reports
BSalu tee 45Lohkva küla2012 · 6 flats€1,791€1,9572025
CSalu tee 47Lohkva küla2012 · 6 flats€2,629€2,7192025
ASalu tee 35Lohkva küla2015 · 6 flats€0€3,6732025
ASalu tee 33Lohkva küla2015 · 6 flats€0€3,2382025
BSalu tee 49Lohkva küla2006 · 8 flats€0€4,8462024

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €16,719.

When was the building built?

According to the building register, it was first used in 2011 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Marek Lillemägi (board since 02.06.2026).

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.