Apartment association · Rakvere linn

Saue tn 8 apartment association

Rakvere linn, Saue tn 8 korteriühistu (registry code 80045726) manages a 4-storey brick building built in 1974 with 36 flats. According to its 2025 annual report, the association's long-term liabilities were €312,399 (€201 per m² of flat space) and it held €30,410 in cash. In 2021 long-term liabilities rose from €0 to €386,671 — usually a sign of a renovation.

Board

  • ARAare Raamboard member8 years 9 months
  • APAndres Plaatboard member8 years 9 months
  • EAEiko Ausboard member8 years 9 months
  • GTGunnar Tauerboard member8 years 9 months
B
Association grade
B · good
Rakvere linn: ranked 48 of 202 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
1974
Storeys
4
Construction
brick
Flats
36
Lift
no
Heating
district heating
Renovated
yes

Works on the building

Energy class has improved: F (2017) → D (2024)

per the building register

Energy class
  • A
  • B
  • C
  • DDvalid until 29.01.2034
  • E
  • F
  • G
  • H

Building page: Saue tn 8 →

Long-term liabilities
€312,399
as of 31.12.2025
Liabilities per m²
€201
similar buildings with a renovation loan €122
Cash
€30,410
€20/m² · similar €13/m²
Income per m² a month
€3.88
similar buildings €1.03

Compared with similar buildings: Rakvere linn, built 1969–1979 (38 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²2020249 €/m²new loan2021227 €/m²2022222 €/m²2023213 €/m²2024201 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.86 per m² of flat space a month, about €43 a month for a 50 m² flat (interest not included) — more than 81% of associations repaying a loan. The median is €0.52 in Estonia and €0.65 in Rakvere linn. At the current pace the loan will be repaid around 2045.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€312,399€47,545€30,410€72,459€3,199
2024€331,820€41,951€28,527€74,395€2,733
2023€344,586€43,311€28,339€73,626€2,733
2022€352,839€48,451€27,527€67,160€2,733
2021€386,671€50,267€24,894€58,248€2,733
2020€0€29,108€27,686€32,416€2,616
2019€0€28,001€26,373€33,748€2,632

Compared with similar buildings (Rakvere linn, built 1969–1979; 38 associations), long-term liabilities per m² of flat space are higher than 84% of them. The median for buildings with a loan is €108/m².

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €1,305–€1,888 per m².

Estate agents in Rakvere · Flat prices in Rakvere

Estate agents who have offered flats in this building

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An estimate for a flat at Saue tn 8 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Võidu tn 51no reports
CMulla tn 31992 · 65 flats€252,931€33,3452025
AMulla tn 71974 · 24 flats€253,690€21,5062025
–Saue tn 101897 · 8 flatsno reports
DVõidu tn 531991 · 75 flats€594,081€29,4732025
–Saue tn 124 flatsno reports
CSaue tn 131984 · 41 flats€243,442€31,6202025
–Mulla tn 2a2004€0€02024

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €312,399 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 €30,410.

When was the building built?

According to the building register, it was first used in 1974 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Aare Raam, Andres Plaat, Eiko Aus, Gunnar Tauer (board since 07.01.2018).

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.