Apartment association · Karksi-Nuia linn, Mulgi vald
Tiigi tn 2 apartment association
Mulgi vald, Karksi-Nuia linn, Tiigi tn 2 korteriühistu (registry code 80464765) manages a 3-storey block building built in 1907 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €429,374 (€485 per m² of flat space) and it held €31,272 in cash. In 2024 long-term liabilities rose from €0 to €436,403 — usually a sign of a renovation.
Board
- ABAnneli Beršteinboard member6 years 10 months
- KMKaimar Märtsonboard member6 years 10 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilityweak
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 1907
- Storeys
- 3
- Construction
- block
- Flats
- 18
- Lift
- no
- Heating
- district heating
- A
- B
- C
- D
- E
- FFvalid until 31.05.2033
- G
- H
Compared with similar buildings: Mulgi vald, built 1902–1912 (19 associations).
Finances by year
Loan principal repayment is an estimated €0.66 per m² of flat space a month, about €33 a month for a 50 m² flat (interest not included) — more than 65% of associations repaying a loan. The median is €0.52 in Estonia.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €429,374 | €57,033 | €31,272 | €8,336 | -€2,118 |
| 2024 | €436,403 | €114,199 | €48,063 | €470,501 | €3,224 |
| 2023 | €0 | €21,178 | €32,797 | €18,595 | €0 |
| 2022 | €0 | €19,070 | €29,812 | €4,092 | €0 |
| 2021 | €0 | €11,748 | €22,129 | €2,655 | €0 |
| 2020 | €0 | €8,742 | €17,651 | €4,508 | €0 |
| 2019 | €0 | €5,522 | — | €0 | €0 |
Compared with similar buildings (Mulgi vald, built 1902–1912; 19 associations), long-term liabilities per m² of flat space are higher than 89% of them. The median for buildings with a loan is €106/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 Tiigi tn 2 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | J. Kivistiku tn 1Karksi-Nuia linn1981 · 36 flats | €0 | €64,704 | 2025 |
| D | Põllu tn 2aKarksi-Nuia linn1907 · 8 flats | €0 | €10,635 | 2025 |
| B | Pärnu mnt 7aKarksi-Nuia linn1972 · 18 flats | €29,276 | €19,075 | 2025 |
| E | Põllu tn 2Karksi-Nuia linn1907 · 8 flats | €0 | €6,721 | 2024 |
| E | Põllu tn 4Karksi-Nuia linn1907 · 8 flats | €0 | €5,168 | 2025 |
| B | J. Kivistiku tn 2Karksi-Nuia linn1907 · 12 flats | €267,237 | €90,262 | 2025 |
| – | Põllu tn 6Karksi-Nuia linn1907 · 8 flats | €0 | €3,811 | 2021 |
| – | Põllu tn 9Karksi-Nuia linn1907 · 8 flats | €0 | €13,645 | 2022 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €429,374 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 €31,272.
When was the building built?
According to the building register, it was first used in 1907 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Anneli Berštein, Kaimar Märtson (board since 02.12.2019).
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.