Apartment association · Rakvere linn
Tuleviku tn 3 apartment association
Rakvere linn, Tuleviku tn 3 korteriühistu (registry code 80228607) manages a 2-storey log building built in 1923 with 9 flats. According to its 2025 annual report, the association's long-term liabilities were €15,981 (€55 per m² of flat space) and it held €8,179 in cash. Long-term liabilities have fallen 55% since 2019.
Board
- APAimar Parmboard member8 years 9 monthsalso: Pikk tn 38
- SKSvetlana Kustavsonboard member1 year 5 months
- House conditionaverage
- 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
- 1923
- Storeys
- 2
- Construction
- log
- Flats
- 9
- Lift
- no
- Heating
- stove
Building page: Tuleviku tn 3 →
Compared with similar buildings: Rakvere linn (202 associations).
Finances by year
Loan principal repayment is an estimated €0.88 per m² of flat space a month, about €44 a month for a 50 m² flat (interest not included) — more than 82% of associations repaying a loan. The median is €0.52 in Estonia and €0.65 in Rakvere linn. At the current pace the loan will be repaid around 2031.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €15,981 | €7,959 | €8,179 | €2,667 | €0 |
| 2024 | €23,799 | €3,572 | €6,539 | €2,658 | €0 |
| 2023 | €23,153 | €3,242 | €5,560 | €2,502 | €0 |
| 2022 | €26,100 | €3,211 | €4,193 | €2,351 | €0 |
| 2021 | €29,169 | €3,348 | €3,235 | €2,344 | €0 |
| 2020 | €32,419 | €3,250 | €2,056 | €2,402 | €0 |
| 2019 | €35,626 | €3,125 | €2,646 | €2,363 | €0 |
Compared with similar buildings (Rakvere linn; 202 associations), long-term liabilities per m² of flat space are higher than 60% of them. The median for buildings with a loan is €128/m².
Flats in this building
1 flat was offered for rent at €220 a month.
Estate agents in Rakvere · Flat prices in Rakvere
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An estimate for a flat at Tuleviku tn 3 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Tuleviku tn 51961 · 33 flats | €36,417 | €4,834 | 2025 |
| C | Tuleviku tn 71961 · 33 flats | €136,464 | €6,071 | 2025 |
| C | Tuleviku tn 61985 · 30 flats | €180,740 | €31,750 | 2025 |
| A | Tuleviku tn 7a1962 · 32 flats | €20,505 | €11,195 | 2025 |
| C | Seminari tn 41973 · 60 flats | €290,144 | €36,280 | 2025 |
| A | Lai tn 311964 · 36 flats | €277,664 | €67,113 | 2025 |
| A | Lai tn 291964 · 44 flats | €247,854 | €22,975 | 2025 |
| B | Seminari tn 11972 · 55 flats | €181,853 | €47,717 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €15,981 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 €8,179.
When was the building built?
According to the building register, it was first used in 1923 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Aimar Parm, Svetlana Kustavson (board since 07.01.2018).
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.