Apartment association · Põlva linn, Põlva vald
Vabriku tn 35 apartment association
Põlva vald, Põlva linn, Vabriku tn 35 korteriühistu (registry code 80404415) manages a 3-storey block building built in 1977 with 48 flats. According to its 2025 annual report, the association's long-term liabilities were €615,659 (€385 per m² of flat space) and it held €25,265 in cash. In 2022 long-term liabilities rose from €0 to €659,394 — usually a sign of a renovation.
Board
- AKAider Kibalboard member8 years 5 months
- APAlar Piirboard member8 years 9 months
- IVIrena Viitameesboard member8 years 9 months
- RLRiho Luhtboard member8 years 5 months
- House conditiongood
- age, energy class and works done
- Loan affordabilityaverage
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementaverage
- reports filed on time
Building
- Built
- 1977
- Storeys
- 3
- Construction
- block
- Flats
- 48
- Lift
- no
- Heating
- district heating
- Renovated
- 2023
Works on the building
per the building register's energy certificate
per the building register
- A
- BBvalid until 15.01.2035
- C
- D
- E
- F
- G
- H
Building page: Vabriku tn 35 →
Compared with similar buildings: Põlva vald, built 1972–1982 (46 associations).
Finances by year
Loan principal repayment is an estimated €0.90 per m² of flat space a month, about €45 a month for a 50 m² flat (interest not included) — more than 83% of associations repaying a loan. The median is €0.52 in Estonia and €0.65 in Põlva vald. At the current pace the loan will be repaid around 2061.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €615,659 | €29,940 | €25,265 | €37,884 | €0 |
| 2024 | €635,252 | €20,346 | €18,107 | €64,542 | €0 |
| 2023 | €652,557 | €15,932 | €8,319 | €736,721 | €0 |
| 2022 | €659,394 | €433,968 | €15,889 | €26,734 | €0 |
| 2021 | €0 | €4,099 | €17,694 | €14,738 | — |
| 2020 | €0 | €3,714 | €26,244 | €17,916 | — |
| 2019 | €0 | €6,285 | €17,067 | €11,850 | — |
Compared with similar buildings (Põlva vald, built 1972–1982; 46 associations), long-term liabilities per m² of flat space are higher than 89% of them. The median for buildings with a loan is €153/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €563–€1,212 per m².
Estate agents who have offered flats in this building
- Birgit TruusLahe Kinnisvara1 flat
What is your flat worth?
An estimate for a flat at Vabriku tn 35 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Vabriku tn 37Põlva linn1973 · 8 flats | no reports | ||
| A | Vabriku tn 39Põlva linn1965 · 8 flats | €24,305 | €2,525 | 2025 |
| B | Vabriku tn 34Põlva linn1993 · 12 flats | €48,370 | €5,521 | 2025 |
| C | Vabriku tn 36Põlva linn1971 · 27 flats | €381,125 | €19,018 | 2025 |
| – | Lao tn 10Põlva linn1967 · 4 flats | no reports | ||
| A | Vabriku tn 38Põlva linn1973 · 27 flats | €191,182 | €8,837 | 2025 |
| – | Vabriku tn 28Põlva linn1989 | €0 | €0 | 2024 |
| – | Vabriku tn 30Põlva linn1990 | €0 | €2,740 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €615,659 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 €25,265.
When was the building built?
According to the building register, it was first used in 1977 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Aider Kibal, Alar Piir, Irena Viitamees, Riho Luht (board since 08.01.2018).
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.