Apartment association · Kuressaare linn, Saaremaa vald
Uus tn 40 apartment association
Saaremaa vald, Kuressaare linn, Uus tn 40 korteriühistu (registry code 80456369) manages a 4-storey block building built in 1970 with 36 flats. According to its 2025 annual report, the association's long-term liabilities were €383,542 (€242 per m² of flat space) and it held €5,449 in cash. In 2021 long-term liabilities rose from €0 to €320,094 — usually a sign of a renovation.
Board
The association is run by osaühing Kuressaare Elamute Hooldus.
- OKosaühing Kuressaare Elamute Hooldusappointed manager8 years 4 months
- House conditiongood
- age, energy class and works done
- Loan affordabilityno data
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time · professional manager
Building
- Built
- 1970
- Storeys
- 4
- Construction
- block
- Flats
- 36
- Lift
- no
- Heating
- district heating
- Renovated
- 2023
Works on the building
per the building register's energy certificate
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.
- Facade
- Roof
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Täielikult renoveeritud neljakordse maja“ · ad of 1 flat
- „hoone on soojustatud“ · ad of 1 flat
- „katus ja kogu küttesüsteem renoveeritud“ · ad of 1 flat
- „paigaldatud on sundventilatsioon“ · ad of 1 flat
- A
- B
- C
- DDvalid until 13.01.2035
- EE2020
- F
- G
- H
Compared with similar buildings: Saaremaa vald, built 1965–1975 (40 associations).
Finances by year
Loan principal repayment is an estimated €0.86 per m² of flat space a month, about €43 a month for a 50 m² flat (interest not included) — more than 81% of associations repaying a loan. The median is €0.52 in Estonia and €0.48 in Saaremaa vald. At the current pace the loan will be repaid around 2049.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €383,542 | €17,769 | €5,449 | €0 | €0 |
| 2024 | €401,854 | €16,034 | €4,282 | €0 | €0 |
| 2023 | €418,225 | €13,177 | €12,128 | €0 | €0 |
| 2022 | €430,223 | €14,690 | €17,645 | €0 | €0 |
| 2021 | €320,094 | €18,189 | €10,673 | €0 | €0 |
| 2020 | €0 | — | €29,915 | €0 | €0 |
| 2019 | €0 | — | €25,986 | €0 | €0 |
Compared with similar buildings (Saaremaa vald, built 1965–1975; 40 associations), long-term liabilities per m² of flat space are higher than 95% of them. The median for buildings with a loan is €36/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €2,641–€2,641 per m². 1 flat was offered for rent at €260 a month.
What is your flat worth?
An estimate for a flat at Uus tn 40 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Karja tn 2Kuressaare linn1905 · 9 flats | no reports | ||
| – | Tallinna tn 24Kuressaare linn1959 · 8 flats | no reports | ||
| A | Uus tn 38Kuressaare linn1969 · 36 flats | €0 | €38,408 | 2025 |
| A | Tallinna tn 19a // 19bKuressaare linn1959 · 24 flats | €0 | €17,520 | 2025 |
| C | Uus tn 36Kuressaare linn1968 · 36 flats | €111,935 | €25,556 | 2025 |
| C | Tallinna tn 18Kuressaare linn1970 · 18 flats | €0 | €22,966 | 2025 |
| C | Uus tn 34Kuressaare linn1967 · 32 flats | €0 | €49,817 | 2025 |
| D | Tallinna tn 17Kuressaare linn1957 · 12 flats | €0 | €8,576 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €383,542 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 €5,449.
When was the building built?
According to the building register, it was first used in 1970 and has 4 storeys.
Who is on the association's board?
According to the business register, the association is run by osaühing Kuressaare Elamute Hooldus.
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.