Apartment association · Kuressaare linn, Saaremaa vald

Tiigi tn 2 // Tolli tn 12 apartment association

Saaremaa vald, Kuressaare linn, Tiigi tn 2 // Tolli tn 12 korteriühistu (registry code 80333508) manages a 2-storey panel building built in 2008 with 3 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €37,800 in cash. The report shows no long-term liabilities.

Board

  • MNMarius Nuutboard member3 years 1 monthalso: Pärna tn 21
  • MTMikk Tuiskboard member3 years 1 month
A
Association grade
A · very good
Saaremaa vald: ranked 32 of 277 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash per m², 3-year average
Managementaverage
reports filed on time

Building

Built
2008
Storeys
2
Construction
panel
Flats
3
Heating
stove

The association's buildings (2)

Tiigi tn 23 flats, Tolli tn 125 flats

Long-term liabilities
€0
as of 31.12.2024
Cash
€37,800
€180/m² · similar €8/m²
Income per m² a month
€4.30
similar buildings €1.08

Compared with similar buildings: Saaremaa vald, built 2003–2013 (15 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€0€15,416€37,800€10,845€0
2023€0€686€19,424€10,564€0
2022€0€656€15,495€10,534€0
2021€0€853€15,872€10,888€0
2020€0€452€7,628€10,386€0
2019€0€126€5,529€6,865€0

Of similar buildings (Saaremaa vald, built 2003–2013; 15 associations), 27% have long-term liabilities; this association has none.

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 // Tolli tn 12 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Pikk tn 14Kuressaare linn1946 · 3 flatsno reports
–Pikk tn 10Kuressaare linn1905 · 2 flatsno reports
–Turu tn 3Kuressaare linn1990 · 10 flatsno reports
ATolli tn 19Kuressaare linn2021 · 6 flats€0€2,7592025
DTolli tn 8Kuressaare linn1990 · 6 flats€0€28,2252024
–Pikk tn 16Kuressaare linn1972 · 4 flatsno reports
–Tolli tn 14Kuressaare linn5 flatsno reports
–Pikk tn 8Kuressaare linn2000 · 4 flatsno reports

Frequently asked questions

Does the association have a loan?

The 2024 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2024 the association held €37,800.

When was the building built?

According to the building register, it was first used in 2008 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Marius Nuut, Mikk Tuisk (board since 20.09.2023).

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.