Apartment association · Tallinn
Vabriku tn 35 apartment association
Tallinn, Vabriku tn 35 korteriühistu (registry code 80288564) manages a 3-storey wooden building built in 1946 with 8 flats. According to its 2024 annual report, the association's long-term liabilities were €10,267 (€34 per m² of flat space) and it held €6,779 in cash. Long-term liabilities have fallen 59% since 2019.
Board
- ATAlvar Timmermannboard member2 years
- TTTarmo Teekelboard member2 years
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementweak
- reports filed on time
Building
- Built
- 1946
- Storeys
- 3
- Construction
- wood
- Flats
- 8
- Lift
- no
- Heating
- stove
Building page: Vabriku tn 35 →
Compared with similar buildings: Tallinn, built 1941–1951, wood (152 associations).
Finances by year
Loan principal repayment is an estimated €0.46 per m² of flat space a month, about €23 a month for a 50 m² flat (interest not included) — about average for 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 2031.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2024 | €10,267 | €6,828 | €6,779 | €9,771 | €0 |
| 2023 | €11,967 | €13,924 | €13,839 | €2,411 | €0 |
| 2022 | €13,667 | €13,469 | €13,607 | €873 | €0 |
| 2021 | €15,567 | €11,492 | €11,688 | €866 | €0 |
| 2020 | €24,074 | €2,859 | €9,737 | €1,401 | €0 |
| 2019 | €24,785 | €2,351 | €8,211 | €1,689 | €0 |
Compared with similar buildings (Tallinn, built 1941–1951, wood; 152 associations), long-term liabilities per m² of flat space are higher than 75% of them. The median for buildings with a loan is €49/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 Vabriku tn 35 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Telliskivi tn 581946 · 7 flats | €12,428 | €15,811 | 2025 |
| – | Telliskivi tn 492019 | €0 | €6,465 | 2025 |
| D | Heina tn 16a1940 · 8 flats | €0 | €9,959 | 2024 |
| C | Heina tn 6a5 flats | €0 | €2,884 | 2024 |
| D | Telliskivi tn 541931 · 12 flats | €0 | €31,507 | 2025 |
| – | Heina tn 14 | €0 | €11,160 | 2025 |
| C | Heina tn 161940 · 12 flats | €17,614 | €16,473 | 2025 |
| A | Heina tn 121940 · 12 flats | €0 | €16,962 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2024 report, the association has €10,267 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 2024 the association held €6,779.
When was the building built?
According to the building register, it was first used in 1946 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Alvar Timmermann, Tarmo Teekel (board since 14.10.2024).
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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.