Apartment association · Rõude küla, Lääne-Nigula vald

Siimu tee 4 apartment association

Lääne-Nigula vald, Rõude küla, Siimu tee 4 korteriühistu (registry code 80530611) manages a 2-storey block building built in 1973 with 16 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €1,110 in cash. The report shows no long-term liabilities.

Board

C
Association grade
C · average
Lääne-Nigula vald: ranked 44 of 63 graded associations.
House conditionweak
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferweak
cash per m², 3-year average
Managementgood
reports filed on time · professional manager

Building

Built
1973
Storeys
2
Construction
block
Flats
16
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.

  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „kortermajas on teostatud vajalikke uuendusi, sealhulgas koridori akende vahetamine“ · ads of 2 flats

Building page: Siimu tee 4 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€1,110
€1/m² · similar €12/m²
Income per m² a month
€0.09
similar buildings €0.43

Compared with similar buildings: Lääne-Nigula vald, built 1968–1978, block (18 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€144€1,110€1,101€0
2024€0€133€883€4,791€0
2023€0€122€2,030€1,128—
2022€0€97€190€357—
2021€0—€0€0—
2020€0—€0€0—
2019€0—€0€0—

Of similar buildings (Lääne-Nigula vald, built 1968–1978, block; 18 associations), 44% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 4 flats have been for sale in this building, asking €155–€291 per m².

Estate agents who have offered flats in this building

What is your flat worth?

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Siimu tee 2Rõude küla1964 · 8 flatsno reports
CSiimu tee 6Rõude küla1980 · 12 flats€46,269€8,1592025
DSiimu tee 8Rõude küla1984 · 18 flats€34,816€34,6722025

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 €1,110.

When was the building built?

According to the building register, it was first used in 1973 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Anneli Merendi, Heiki Ütsik, Jüri Kurvits (board since 06.09.2022).

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.