Apartment association · Viljandi linn

Tallinna tn 59 apartment association

Viljandi linn, Tallinna tn 59 korteriühistu (registry code 80360327) manages a 3-storey reinforced-concrete building built in 2009 with 12 flats. According to its 2024 annual report, the association's long-term liabilities were €181,863 (€185 per m² of flat space) and it held €14,199 in cash. In 2021 long-term liabilities rose from €0 to €194,636 — usually a sign of a renovation.

Board

  • GSGerti Saarboard member7 years
  • IJImre Jugomäeboard member8 years 9 months
  • IKInga Kreeboard member4 years 3 months
D
Association grade
D · below average
Viljandi linn: ranked 195 of 249 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilityaverage
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementaverage
reports filed on time

Building

Built
2009
Storeys
3
Construction
reinforced concrete
Flats
12
Lift
no
Heating
district heating

Building page: Tallinna tn 59 →

Long-term liabilities
€181,863
as of 31.12.2024
Liabilities per m²
€185
similar buildings with a renovation loan €163
Cash
€14,199
€14/m² · similar €17/m²
Income per m² a month
€1.13
similar buildings €0.92

Compared with similar buildings: Viljandi linn (249 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²2020198 €/m²new loan2021191 €/m²2022185 €/m²2023185 €/m²2024
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.54 per m² of flat space a month, about €27 a month for a 50 m² flat (interest not included) — about average for associations repaying a loan. The median is €0.52 in Estonia and €0.71 in Viljandi linn. At the current pace the loan will be repaid around 2053.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€181,863€7,497€14,199€13,389€0
2023€181,863€12,169€14,950€6,198€0
2022€188,218€17,255€20,659€6,156€0
2021€194,636€20,925€23,436€5,950€0
2020€0€14,698€26,737€6,346€0
2019€0€14,932€25,299€6,177€0

Compared with similar buildings (Viljandi linn; 249 associations), long-term liabilities per m² of flat space are higher than 85% of them. The median for buildings with a loan is €121/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

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An estimate for a flat at Tallinna tn 59 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Nurme tn 101997no reports
–Nurme tn 161997€0€182025
CTallinna tn 511975 · 5 flats€0€8,4412025
BLooga tn 81969 · 22 flats€0€10,3612025
–Tallinna tn 491975 · 3 flatsno reports
–Leola tn 451975 · 4 flatsno reports
–Lembitu pst 301975 · 4 flatsno reports
–Tallinna tn 721975 · 3 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2024 report, the association has €181,863 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 2024 the association held €14,199.

When was the building built?

According to the building register, it was first used in 2009 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Gerti Saar, Imre Jugomäe, Inga Kree (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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.