Apartment association · Tallinn

Sõpruse pst 246 apartment association

Tallinn, Sõpruse pst 246 korteriühistu (registry code 80059272) manages a 5-storey panel building built in 1966 with 90 flats. According to its 2025 annual report, the association's long-term liabilities were €447,202 (€103 per m² of flat space) and it held €40,086 in cash. Long-term liabilities have fallen 34% since 2019.

Board

A
Association grade
A · very good
Tallinn: ranked 197 of 4,374 graded associations.
House conditiongood
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 · professional manager

Building

Built
1966
Storeys
5
Construction
panel
Flats
90
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.

The building has been fully renovated
  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Korter asub täielikult renoveeritud maja 5.“ · ad of 1 flat
  • „Maja fassaadid on hiljuti renoveeritud.“ · ad of 1 flat
Energy class
  • A
  • B
  • CCvalid until 21.01.2029
  • D
  • E
  • F
  • G
  • H

Building page: Sõpruse pst 246 →

Long-term liabilities
€447,202
as of 31.12.2025
Liabilities per m²
€103
similar buildings with a renovation loan €113
Cash
€40,086
€9/m² · similar €16/m²
Income per m² a month
€1.27
similar buildings €1.17

Compared with similar buildings: Tallinn, built 1961–1971, panel (305 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
156 €/m²2019148 €/m²2020139 €/m²2021131 €/m²2022122 €/m²2023112 €/m²2024103 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.76 per m² of flat space a month, about €38 a month for a 50 m² flat (interest not included) — more than 74% of associations repaying a loan. The median is €0.52 in Estonia and €0.51 in Tallinn. At the current pace the loan will be repaid around 2037.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€447,202€81,308€40,086€66,108€10,643
2024€488,206€71,694€27,058€63,777€12,478
2023€528,306€59,940€16,194€61,164€13,495
2022€567,488€59,912€19,290€65,760€13,727
2021€605,841€94,147€53,110€36,419€12,189
2020€643,349€84,339€49,434€43,969€11,748
2019€680,030€84,509€50,315€38,291€11,692

Compared with similar buildings (Tallinn, built 1961–1971, panel; 305 associations), long-term liabilities per m² of flat space are higher than 87% of them. The median for buildings with a loan is €35/m².

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €2,663–€2,965 per m². 3 flats were offered for rent at €400–€550 a month.

Estate agents in Mustamäe · Flat prices in Mustamäe

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Sõpruse pst 246 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
ASõpruse pst 2441966 · 60 flats€59,573€19,0762025
ASõpruse pst 2501968 · 144 flats€159,001€35,5872025
–Sõpruse pst 249 // 251€215,509€11,3732025
ASõpruse pst 2451968 · 119 flats€0€99,8002025
AKeskuse tn 41973 · 70 flats€2,125€27,4442025
BSõpruse pst 2391972 · 54 flats€343,185€63,1402025
CSõpruse pst 2471968 · 119 flats€105,644€116,2332025
BSõpruse pst 2531990 · 27 flats€0€52,7972025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €447,202 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 €40,086.

When was the building built?

According to the building register, it was first used in 1966 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Anvar Kima, Marge Vahera, Margus Müür (board since 30.12.2017).

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.