Apartment association · Varbola küla, Märjamaa vald
Varbola keskus 77 apartment association
Märjamaa vald, Varbola küla, Varbola keskus 77 korteriühistu (registry code 80039996) manages a 2-storey panel building built in 1977 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €68,767 (€136 per m² of flat space) and it held €3,444 in cash. In 2023 long-term liabilities rose from €0 to €76,290 — usually a sign of a renovation.
Board
- ALAnts Luhasaluboard member6 years 5 months
- IUIndrek Uusaluboard member6 years 5 monthsalso: Varbola keskus 76
- House conditiongood
- 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
- Managementgood
- reports filed on time
Building
- Built
- 1977
- Storeys
- 2
- Construction
- panel
- Flats
- 12
- Lift
- no
- Heating
- stove
Works on the building
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
- „Soojustatud fassaad, sokliosa ja katusealune.“ · ads of 2 flats
- „renoveeritud vee- ja kanalisatsioonipüstakud ja uus torustik ka keldrites“ · ads of 2 flats
- „Trepikodade aknad ja ukse vahetatud“ · ads of 2 flats
Building page: Varbola keskus 77 →
Compared with similar buildings: Märjamaa vald, built 1972–1982 (27 associations).
Finances by year
Loan principal repayment is an estimated €0.62 per m² of flat space a month, about €31 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 €0.64 in Märjamaa vald. At the current pace the loan will be repaid around 2044.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €68,767 | €8,736 | €3,444 | €3,804 | €0 |
| 2024 | €72,710 | €7,921 | €2,899 | €6,506 | €0 |
| 2023 | €76,290 | €7,280 | €3,814 | €104,686 | €0 |
| 2022 | €0 | €13,841 | €12,868 | €5,982 | €0 |
| 2021 | €0 | €7,716 | €6,774 | €5,467 | €0 |
| 2020 | €0 | €1,503 | €112 | €33,199 | €0 |
| 2019 | €0 | €19,892 | €19,726 | €1,465 | €0 |
Compared with similar buildings (Märjamaa vald, built 1972–1982; 27 associations), long-term liabilities per m² of flat space are higher than 81% of them. The median for buildings with a loan is €74/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €1,608–€1,738 per m². 1 flat was offered for rent at €350 a month.
Estate agents who have offered flats in this building
- Annika LinnamägiRaid & Ko OÜ2 flats
What is your flat worth?
An estimate for a flat at Varbola keskus 77 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Varbola keskus 78Varbola küla1977 · 12 flats | €0 | €24,021 | 2025 |
| A | Varbola keskus 76Varbola küla1995 · 12 flats | €0 | €5,544 | 2025 |
| D | Varbola keskus 79Varbola küla1978 · 15 flats | €0 | €23,298 | 2025 |
| C | Varbola keskus 83Varbola küla1986 · 24 flats | €0 | €53,835 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €68,767 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 €3,444.
When was the building built?
According to the building register, it was first used in 1977 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Ants Luhasalu, Indrek Uusalu (board since 22.05.2020).
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.