Apartment association · Sinimäe alevik, Narva-Jõesuu linn

Uus tn 2 apartment association

Narva-Jõesuu linn, Sinimäe alevik, Uus tn 2 korteriühistu (registry code 80236159) manages a 4-storey brick building built in 1967 with 31 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €23,205 in cash. The report shows no long-term liabilities.

Board

C
Association grade
C · average
Narva-Jõesuu linn: ranked 26 of 75 graded associations.
House conditionweak
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
1967
Storeys
4
Construction
brick
Flats
31
Lift
no
Heating
district heating

Building page: Uus tn 2 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€23,205
€18/m² · similar €10/m²
Income per m² a month
€0.33
similar buildings €0.85

Compared with similar buildings: Narva-Jõesuu linn, built 1962–1972, brick (15 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€58,321€23,205€5,057€3,665
2024€0€53,244€21,298€5,946€3,665
2023€0€50,157€20,601€4,559€3,665
2022€0€44,945€20,304€4,583€3,640
2021€0€40,797€20,976€4,630€3,610
2020€0€33,594€19,595€7,493€3,564
2019€0€31,012€16,468€13,518€4,016

Of similar buildings (Narva-Jõesuu linn, built 1962–1972, brick; 15 associations), 13% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 3 flats have been for sale in this building, asking €34–€129 per m².

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CUus tn 4Sinimäe alevik1980 · 18 flats€0€5,1002025
–Pargi tn 4Sinimäe alevik1959 · 4 flatsno reports
CAia tn 3Sinimäe alevik1964 · 24 flats€0€8,2402025
CUus tn 6Sinimäe alevik1980 · 18 flats€0€11,7022025
–Pargi tn 6Sinimäe alevik1964 · 4 flatsno reports
CPargi tn 5Sinimäe alevik1989 · 15 flats€0€20,0902025
BRoheline tn 12Sinimäe alevik1955 · 4 flats€0€1,6332025

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 €23,205.

When was the building built?

According to the building register, it was first used in 1967 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Aare Objartel, Inga Lambakahar, Mihhail Veiert (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.