Apartment association · Tallinn

Vabriku tn 59 apartment association

Tallinn, Vabriku tn 59 korteriühistu (registry code 80603646) manages a 3-storey reinforced-concrete building with 29 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €6,754 in cash. The report shows no long-term liabilities.

Board

  • LPLiisa-Indra Pajusteboard member1 year 6 months
  • RARait Arroboard member1 year 6 months
  • RMReelika Maranikboard member1 year 6 months
C
Association grade
C · average
Tallinn: ranked 3213 of 4,374 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferweak
cash per m², 3-year average
Managementweak
reports filed on time

Building

Storeys
3
Construction
reinforced concrete
Flats
29
Lift
no
Heating
stove
Energy class
  • A
  • B
  • CCvalid until 30.03.2024
  • D
  • E
  • F
  • G
  • H

Building page: Vabriku tn 59 →

Long-term liabilities
€0
as of 31.12.2024
Cash
€6,754
€4/m² · similar €14/m²
Income per m² a month
€1.05
similar buildings €1.27

Compared with similar buildings: Tallinn (4374 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€0€10,655€6,754€19,778€0
2023€0€8,883€2,227€19,390€0
2022€0€6,204€2,181€18,342€0

Of similar buildings (Tallinn; 4374 associations), 36% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €5,284–€5,284 per m². 3 flats were offered for rent at €1,000–€1,200 a month.

Estate agents in Kalamaja · Flat prices in Kalamaja

Estate agents who have offered flats in this building

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–Timuti tn 61910 · 4 flatsno reports
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–Kolde pst 20 // 22 // 24 // 261925 · 4 flatsno reports
DTimuti tn 51909 · 8 flats€0€5,9262025

Frequently asked questions

Does the association have a loan?

The 2024 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2024 the association held €6,754.

Who is on the association's board?

According to the business register, the board members are Liisa-Indra Pajuste, Rait Arro, Reelika Maranik (board since 22.04.2025).

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, 2022–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.