Apartment association · Virtsu alevik, Lääneranna vald
Vee tn 5 apartment association
Lääneranna vald, Virtsu alevik, Vee tn 5 korteriühistu (registry code 80514279) manages a 1-storey wooden building built in 1960 with 13 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held — in cash. The report shows no long-term liabilities.
Board
- ALAare Laurenboard member6 years 8 monthsalso: Lasteaia tn 4, Luha tee 5, Lõpe keskus 4, Lääne-Nigula vald, Liivi küla, Toomepuu + 4 more
- House conditionweak
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash bufferweak
- cash per m², 3-year average
- Managementgood
- reports filed on time · professional manager
Building
- Built
- 1960
- Storeys
- 1
- Construction
- wood
- Flats
- 13
- Lift
- no
- Heating
- stove
Compared with similar buildings: Lääneranna vald (74 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €0 | — | — | €0 | €0 |
| 2024 | €0 | — | — | €0 | €0 |
| 2023 | €0 | — | — | €0 | €0 |
| 2022 | €0 | — | — | — | €0 |
| 2021 | €0 | €0 | €0 | €0 | €0 |
| 2020 | €0 | — | — | — | €0 |
| 2019 | €0 | — | — | €0 | €0 |
Of similar buildings (Lääneranna vald; 74 associations), 14% have long-term liabilities; this association has none.
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 Vee tn 5 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Vee tn 1Virtsu alevik1960 · 13 flats | no reports | ||
| – | Kaare tn 12Virtsu alevik | €0 | €3,021 | 2025 |
| A | Kaare tn 5Virtsu alevik, Kaare tn 12b1980 · 12 flats | €6,641 | €4,178 | 2025 |
| C | Kaare tn 3Virtsu alevik1983 · 12 flats | €0 | €6,917 | 2025 |
| D | Tööstuse tn 4Virtsu alevik1968 · 12 flats | €0 | €4,261 | 2025 |
| C | Kaare tn 1Virtsu alevik1985 · 12 flats | €0 | €10,128 | 2025 |
| – | Tööstuse tn 7aVirtsu alevik | no reports | ||
| E | Tööstuse tn 5Virtsu alevik1968 · 8 flats | €0 | — | 2025 |
Frequently asked questions
Does the association have a loan?
The 2025 report shows no long-term liabilities.
When was the building built?
According to the building register, it was first used in 1960 and has 1 storeys.
Who is on the association's board?
According to the business register, the board members are Aare Lauren (board since 05.02.2020).
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.