Apartment association · Vaeküla, Rakvere vald
Vaeküla tee 11 apartment association
Rakvere vald, Vaeküla, Vaeküla tee 11 korteriühistu (registry code 80189365) manages a 2-storey block building built in 1986 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €72,362 (€104 per m² of flat space) and it held €5,010 in cash. Long-term liabilities have fallen 36% since 2019.
Board
- SNSvetlana Nahkurboard member8 years 9 months
- VVVaima Veinbergboard member8 years 9 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilityweak
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementaverage
- reports filed on time
Building
- Built
- 1986
- Storeys
- 2
- Construction
- block
- Flats
- 12
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
Building page: Vaeküla tee 11 →
Compared with similar buildings: Rakvere vald, built 1981–1991 (30 associations).
Finances by year
Loan principal repayment is an estimated €0.72 per m² of flat space a month, about €36 a month for a 50 m² flat (interest not included) — more than 71% of associations repaying a loan. The median is €0.52 in Estonia and €0.55 in Rakvere vald. At the current pace the loan will be repaid around 2037.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €72,362 | €12,067 | €5,010 | €395 | €0 |
| 2024 | €78,992 | €9,506 | €2,843 | €505 | €0 |
| 2023 | €85,108 | €7,494 | €1,715 | €812 | €0 |
| 2022 | €89,598 | €9,378 | €3,082 | €5,306 | €0 |
| 2021 | €95,620 | €5,588 | €5,877 | €998 | €0 |
| 2020 | €102,951 | €17,495 | €4,677 | €8,131 | €344 |
| 2019 | €113,706 | €10,002 | €7,019 | €11,589 | — |
Compared with similar buildings (Rakvere vald, built 1981–1991; 30 associations), long-term liabilities per m² of flat space are higher than 70% of them. The median for buildings with a loan is €81/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 Vaeküla tee 11 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| E | Vaeküla tee 9Vaeküla1971 · 12 flats | €22,021 | €3,400 | 2025 |
| – | Vaeküla tee 7Vaeküla1967 · 4 flats | no reports | ||
| C | Kibuvitsa tee 2Vaeküla1988 · 12 flats | €6,988 | €21,832 | 2025 |
| – | Vaeküla tee 5Vaeküla1967 · 4 flats | no reports | ||
| – | Viinavabriku tee 2Vaeküla1975 · 5 flats | no reports | ||
| – | Vaeküla tee 6Vaeküla1900 · 7 flats | no reports | ||
| E | Mõisavahe tee 2Vaeküla1965 · 13 flats | €0 | €596 | 2024 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €72,362 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 €5,010.
When was the building built?
According to the building register, it was first used in 1986 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Svetlana Nahkur, Vaima Veinberg (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.