Apartment association · Kiiu alevik, Kuusalu vald

Torni tn 9 apartment association

Kuusalu vald, Kiiu alevik, Torni tn 9 korteriühistu (registry code 80071020) manages a 3-storey reinforced-concrete building built in 1987 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €25,949 in cash. The report shows no long-term liabilities.

Board

The association is run by MK Majahaldus OÜ.

C
Association grade
C · average
Kuusalu vald: ranked 12 of 52 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash per m², 3-year average
Managementgood
reports filed on time · professional manager

Building

Built
1987
Storeys
3
Construction
reinforced concrete
Flats
18
Lift
no
Heating
stove

Building page: Torni tn 9 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€25,949
€18/m² · similar €22/m²
Income per m² a month
€1.13
similar buildings €0.67

Compared with similar buildings: Kuusalu vald (52 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
3 €/m²20193 €/m²20207 €/m²202111 €/m²202215 €/m²202313 €/m²20240 €/m²2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€26,524€25,949€19,288€0
2024€18,231€960€23,301€14,031€831
2023€21,844€1,074€25,768€3,886€1,995
2022€16,227€708€20,485€4,237€1,995
2021€9,941€623€14,497€3,509€0
2020€4,821€618€8,362€7,227€0
2019€3,630€557€7,393€3,485€0

Of similar buildings (Kuusalu vald; 52 associations), 33% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €1,165–€1,165 per m².

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Torni tn 9 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CTorni tn 7Kiiu alevik1988 · 18 flats€0€5,6542025
ATorni tn 11Kiiu alevik1989 · 36 flats€0€105,5102025
CTorni tn 8Kiiu alevik1993 · 12 flats€29,379€29,7442025
CTorni tn 6Kiiu alevik1898 · 21 flats€0€20,8212025
DLinnuse tn 2Kiiu alevik1965 · 24 flats€0€41,4762025
CLinnuse tn 4Kiiu alevik1898 · 24 flats€30,958€29,8052025
BTuuliku tn 1Kiiu alevik1981 · 12 flats€0€45,5372025
DLinnuse tn 6Kiiu alevik1898 · 24 flats€0€40,5382025

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €25,949.

When was the building built?

According to the building register, it was first used in 1987 and has 3 storeys.

Who is on the association's board?

According to the business register, the association is run by MK Majahaldus OÜ.

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.