Apartment association · Puka alevik, Otepää vald

Tööstuse tn 2 apartment association

Otepää vald, Puka alevik, Tööstuse tn 2 korteriühistu (registry code 80120273) manages a 3-storey panel building built in 1948 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €346,085 (€571 per m² of flat space) and it held €112,223 in cash. In 2025 long-term liabilities rose from €0 to €346,085 — usually a sign of a renovation.

Board

  • KSKarin Sallokboard member8 years 9 months
  • KTKristjan Teoreinboard member1 year 4 months
B
Association grade
B · good
Otepää vald: ranked 12 of 72 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Built
1948
Storeys
3
Construction
panel
Flats
12
Lift
no
Heating
district heating
Renovated
yes

Works on the building

Energy class has improved: E (2024) → C (2025)

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 renovated2025
The ads say
  • „Kortermaja on täielikult renoveeritud 2025.aastal.“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • D
  • EEvalid until 23.10.2034
  • F
  • G
  • H

Building page: Tööstuse tn 2 →

Long-term liabilities
€346,085
as of 31.12.2025
Liabilities per m²
€571
similar buildings with a renovation loan €187
Cash
€112,223
€185/m² · similar €16/m²
Income per m² a month
€74.44
similar buildings €0.99

Compared with similar buildings: Otepää vald (72 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²20230 €/m²2024571 €/m²new loan2025
similar buildings with a renovation loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€346,085€2,045€112,223€541,338€0
2024€0€364€2,855€20,865€0
2023€0€327€3,195€17,481€0
2022€0€217€9,237€2,270€0
2021€0€237€11,377€2,266€0
2020€0€279€9,630€2,250€0
2019€0€304€7,217€2,375€0

Compared with similar buildings (Otepää vald; 72 associations), long-term liabilities per m² of flat space are higher than 97% of them. The median for buildings with a loan is €104/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €513–€513 per m².

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Tööstuse tn 2 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CTööstuse tn 11Puka alevik1972 · 18 flats€0€31,9532025
–Jaama tn 3Puka alevik1948 · 6 flatsno reports
–Ääre tn 8aPuka alevik, Ääre tn 8€0€18,9172025
CÄäre tn 10Puka alevik1984 · 12 flats€9,813€17,1832025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €346,085 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 €112,223.

When was the building built?

According to the building register, it was first used in 1948 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Karin Sallok, Kristjan Teorein (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.