Apartment association · Tallinn
Tungla tn 8 apartment association
Tallinn, Tungla tn 8 korteriühistu (registry code 80075377) manages a 5-storey brick building built in 1980 with 25 flats. According to its 2025 annual report, the association's long-term liabilities were €168,429 (€101 per m² of flat space) and it held €1,258 in cash. Long-term liabilities have fallen 47% since 2019.
Board
- HMHeiki-Erki Meeriboard member2 years 5 months
- JKJaanus Kerikboard member1 year 3 months
- KGKristjan Grünbergboard member5 years 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
- Managementaverage
- reports filed on time
Building
- Built
- 1980
- Storeys
- 5
- Construction
- brick
- Flats
- 25
- Lift
- no
- Heating
- district heating
- A
- B
- C
- DDvalid until 10.03.2030
- E
- F
- G
- H
Compared with similar buildings: Tallinn, built 1975–1985, brick (93 associations).
Finances by year
Loan principal repayment is an estimated €1.23 per m² of flat space a month, about €62 a month for a 50 m² flat (interest not included) — more than 92% of associations repaying a loan. The median is €0.52 in Estonia and €0.51 in Tallinn. At the current pace the loan will be repaid around 2032.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €168,429 | €31,055 | €1,258 | €17,455 | €0 |
| 2024 | €194,119 | €26,170 | €247 | €17,860 | €0 |
| 2023 | €217,623 | €26,676 | €6,814 | €17,719 | €0 |
| 2022 | €237,138 | €33,510 | €6,839 | €17,517 | €0 |
| 2021 | €270,148 | €33,964 | €11,396 | €16,288 | €0 |
| 2020 | €294,381 | €34,222 | €11,957 | €12,644 | €0 |
| 2019 | €317,646 | €32,890 | €10,876 | €11,385 | €0 |
Compared with similar buildings (Tallinn, built 1975–1985, brick; 93 associations), long-term liabilities per m² of flat space are higher than 85% of them. The median for buildings with a loan is €54/m².
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 Tungla tn 8 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Taara tn 431983 · 39 flats | €0 | €21,053 | 2025 |
| D | Tungla tn 141978 · 45 flats | €916,903 | €36,539 | 2025 |
| D | Tungla tn 101976 · 35 flats | €116,258 | €26,732 | 2025 |
| – | Tungla tn 71961 · 2 flats | no reports | ||
| – | Tungla tn 291961 · 2 flats | no reports | ||
| – | Kruusa tn 121961 · 2 flats | no reports | ||
| – | Tungla tn 271961 · 2 flats | no reports | ||
| D | Tungla tn 121977 · 36 flats | €0 | €53,186 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €168,429 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 €1,258.
When was the building built?
According to the building register, it was first used in 1980 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Heiki-Erki Meeri, Jaanus Kerik, Kristjan Grünberg (board since 21.05.2021).
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.