Apartment association · Kuressaare linn, Saaremaa vald

Suur-Sadama tn 23 apartment association

Saaremaa vald, Kuressaare linn, Suur-Sadama tn 23 korteriühistu (registry code 80104436) manages a 3-storey wooden building built in 1867 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €281 and it held €6,305 in cash. Long-term liabilities have fallen 96% since 2019.

Board

  • ALAin Leppboard member6 years 11 months
  • MTMart Tiitsaarboard member5 years 3 monthsalso: Mesilase tn 2
  • STSirli Toomingboard member5 years 3 months
D
Association grade
D · below average
Saaremaa vald: ranked 202 of 277 graded associations.
House conditionweak
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

Building

Built
1867
Storeys
3
Construction
wood
Flats
12
Lift
no
Heating
stove

Building page: Suur-Sadama tn 23 →

Long-term liabilities
€281
as of 31.12.2025
Cash
€6,305
€10/m² · similar €14/m²
Income per m² a month
€0.12
similar buildings €0.56

Compared with similar buildings: Saaremaa vald (277 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
11 €/m²201910 €/m²20208 €/m²20216 €/m²20224 €/m²20232 €/m²20240 €/m²2025
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.16 per m² of flat space a month, about €8 a month for a 50 m² flat (interest not included) — less than 90% 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 2026.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€281€8,891€6,305€940€0
2024€1,621€5,660€4,029€1,042€0
2023€2,884€2,552€1,607€1,066€0
2022€4,073€2,354€2,168€3,972€0
2021€5,261€7,108€4,383€1,349€0
2020€6,419€5,541€2,722€1,023€0
2019€7,548€3,878€1,526€1,187€0

Compared with similar buildings (Saaremaa vald; 277 associations), long-term liabilities per m² of flat space are higher than 62% of them. The median for buildings with a loan is €55/m².

Flats in this building

1 flat was offered for rent at €490 a month.

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Suur-Sadama tn 21 // 21aKuressaare linn1900 · 4 flats€0€8762021
–Suur-Põllu tn 28Kuressaare linn1959 · 2 flatsno reports
EVäike-Sadama tn 10Kuressaare linn1959 · 6 flats€0€5,4842024
–Väike-Sadama tn 8Kuressaare linn1946 · 3 flatsno reports
–Väike-Sadama tn 7Kuressaare linn1946 · 4 flatsno reports
–Suur-Sadama tn 31Kuressaare linn1932 · 4 flatsno reports
–Väike-Sadama tn 6Kuressaare linn1879 · 3 flatsno reports
–Suur-Sadama tn 15Kuressaare linn1917 · 1 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €281 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 €6,305.

When was the building built?

According to the building register, it was first used in 1867 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Ain Lepp, Mart Tiitsaar, Sirli Tooming (board since 04.11.2019).

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.