Apartment association · Tartu linn

Tiigi tn 8 apartment association

Tartu linn, Tiigi tn 8 korteriühistu (registry code 80084838) manages a 5-storey panel building built in 1961 with 58 flats. According to its 2025 annual report, the association's long-term liabilities were €323,689 (€136 per m² of flat space) and it held €55,895 in cash. Long-term liabilities have fallen 26% since 2019.

Board

  • AKAlar Kilpboard member4 years
  • AHAnatoli Hokkonenboard member8 years 9 months
  • HKHannu Kikkasboard member8 years 9 months
A
Association grade
A · very good
Tartu linn: ranked 168 of 1,460 graded associations.
House conditiongood
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
1961
Storeys
5
Construction
panel
Flats
58
Lift
no
Heating
district heating
Renovated
yes

Works on the building

Energy class has improved: F (2009) → A (2021)

per the building register

Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.

The building has been fully renovated2019
  • Facade2019
  • Roof
  • Pipes2019
  • Heating2019
  • Ventilation2019
  • Windows2019
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Korter asub majas, mis läbis SmartEnCity projekti raames aastatel 2018–2019 põhjaliku rekonstrueerimise.“ · ad of 1 flat
  • „soojustati maja fassaad;“ · ad of 1 flat
  • „uuendati hoone torustik;“ · ad of 1 flat
  • „uuendati küttesüsteem;“ · ad of 1 flat
  • „rajati kaasaegne soojustagastusega ventilatsioonisüsteem;“ · ad of 1 flat
  • „paigaldati uued kolmekordsed aknad;“ · ad of 1 flat
Energy class
  • AAvalid until 10.05.2031
  • B
  • C
  • D
  • E
  • F
  • G
  • H

Building page: Tiigi tn 8 →

Long-term liabilities
€323,689
as of 31.12.2025
Liabilities per m²
€136
similar buildings with a renovation loan €187
Cash
€55,895
€24/m² · similar €18/m²
Income per m² a month
€1.35
similar buildings €1.39

Compared with similar buildings: Tartu linn, built 1956–1966, panel (28 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
184 €/m²2019175 €/m²2020167 €/m²2021159 €/m²2022153 €/m²2023145 €/m²2024136 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.63 per m² of flat space a month, about €32 a month for a 50 m² flat (interest not included) — more than 61% of associations repaying a loan. The median is €0.52 in Estonia and €0.66 in Tartu linn. At the current pace the loan will be repaid around 2044.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€323,689€59,726€55,895€38,335€17,250
2024€344,413€56,032€54,857€26,175€15,696
2023€363,434€54,414€58,032€30,381€14,303
2022€378,705€59,839€52,386€21,210€12,764
2021€395,390€51,741€43,742€23,684€11,397
2020€416,105€47,573€36,984€25,721€11,397
2019€436,406€24,032€22,033€733,988€10,558

Compared with similar buildings (Tartu linn, built 1956–1966, panel; 28 associations), long-term liabilities per m² of flat space are higher than 32% of them. The median for buildings with a loan is €183/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €3,929–€3,929 per m². 2 flats were offered for rent at €475–€525 a month.

Estate agents in Kesklinn · Flat prices in Kesklinn

Estate agents who have offered flats in this building

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An estimate for a flat at Tiigi tn 8 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DKastani tn 71 // 73 // 75 // 771947 · 6 flats€0€30,6352025
AKastani tn 79 // 81 // 831977 · 5 flats€0€2,1092024
BRiia tn 22a2019 · 49 flats€0€52,1582024
ARiia tn 20b2020 · 26 flats€0€13,4512025
–Filosoofi tn 1no reports
–Riia tn 24a1997no reports
–Kastani tn 38b1977 · 4 flatsno reports
CVaksali tn 91963 · 48 flats€41,243€10,0682025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €323,689 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 €55,895.

When was the building built?

According to the building register, it was first used in 1961 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Alar Kilp, Anatoli Hokkonen, Hannu Kikkas (board since 06.01.2018).

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, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.