Apartment association · Salme alevik, Saaremaa vald
Sõrve mnt 6 apartment association
Saaremaa vald, Salme alevik, Sõrve mnt 6 korteriühistu (registry code 80090810) manages a 3-storey brick building built in 1970 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €17,366 (€22 per m² of flat space) and it held €21,071 in cash.
Board
- AAArdo Armuandboard member6 years 5 months
- DLDaniel Lingboard member6 months
- PJPriit Järveotsboard member4 years 4 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilityaverage
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementaverage
- reports filed on time
Building
- Built
- 1970
- Storeys
- 3
- Construction
- brick
- Flats
- 18
- Lift
- no
- Heating
- district heating
Compared with similar buildings: Saaremaa vald, built 1965–1975, brick (28 associations).
Finances by year
Loan principal repayment is an estimated €1.20 per m² of flat space a month, about €60 a month for a 50 m² flat (interest not included) — more than 91% of associations repaying a loan. The median is €0.52 in Estonia and €0.48 in Saaremaa vald. At the current pace the loan will be repaid around 2027.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €17,366 | €443 | €21,071 | €1,245 | — |
| 2024 | €12,620 | €502 | €16,629 | €16,881 | — |
| 2023 | €23,972 | €379 | €27,624 | €1,185 | — |
| 2022 | €20,935 | €360 | €24,302 | €1,169 | — |
| 2021 | €17,897 | €365 | €20,950 | €1,272 | — |
| 2020 | €14,860 | €319 | €16,410 | €1,222 | — |
| 2019 | €11,822 | €320 | €13,201 | €1,250 | — |
Compared with similar buildings (Saaremaa vald, built 1965–1975, brick; 28 associations), long-term liabilities per m² of flat space are higher than 71% of them. The median for buildings with a loan is €26/m².
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 Sõrve mnt 6 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| E | Sõrve mnt 4Salme alevik1968 · 18 flats | €28,595 | €30,584 | 2025 |
| C | Kastani tn 1Salme alevik1965 · 12 flats | €0 | €11,727 | 2025 |
| – | Sõrve mnt 7Salme alevik, Sõrve mnt 13/1, Salme alevik1976 · 8 flats | €0 | €5,438 | 2019 |
| C | Kastani tn 3Salme alevik1964 · 8 flats | €0 | €6,971 | 2025 |
| C | Aia tn 5Salme alevik1980 · 9 flats | €22,784 | €21,939 | 2025 |
| – | Kooli tee 2Salme alevik1997 · 6 flats | €0 | €1,005 | 2020 |
| C | Liiva tn 2Salme alevik1985 · 12 flats | €0 | €11,340 | 2025 |
| E | Aia tn 7Salme alevik1980 · 9 flats | €5,798 | €11,256 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €17,366 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 €21,071.
When was the building built?
According to the building register, it was first used in 1970 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Ardo Armuand, Daniel Ling, Priit Järveots (board since 11.05.2020).
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.