Apartment association · Märjamaa alev, Märjamaa vald
Veetorni tn 4 apartment association
Märjamaa vald, Märjamaa alev, Veetorni tn 4 korteriühistu (registry code 80285198) manages a 2-storey block building built in 1970 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €74,994 (€221 per m² of flat space) and it held €10,648 in cash. Long-term liabilities have fallen 15% since 2019.
Board
- AVAivar Vakkerboard member8 years 9 months
- ÜVÜlle Viisimaaboard member8 years 9 months
- 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
- Managementaverage
- reports filed on time
Building
- Built
- 1970
- Storeys
- 2
- Construction
- block
- Flats
- 8
- Lift
- no
- Heating
- stove
Building page: Veetorni tn 4 →
Compared with similar buildings: Märjamaa vald, built 1965–1975 (17 associations).
Finances by year
Loan principal repayment is an estimated €0.51 per m² of flat space a month, about €26 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 2062.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €74,994 | €3,811 | €10,648 | €9,303 | €0 |
| 2024 | €77,396 | €3,744 | €9,630 | €7,248 | €0 |
| 2023 | €79,714 | €3,279 | €8,251 | €5,913 | €0 |
| 2022 | €80,950 | €3,688 | €7,177 | €3,956 | €0 |
| 2021 | €82,799 | €4,058 | €5,916 | €4,464 | — |
| 2020 | €85,851 | €3,937 | €4,614 | €4,542 | — |
| 2019 | €88,749 | €3,848 | €2,705 | €5,339 | — |
Compared with similar buildings (Märjamaa vald, built 1965–1975; 17 associations), long-term liabilities per m² of flat space are higher than 94% of them. The median for buildings with a loan is €58/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 Veetorni tn 4 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Veetorni tn 6Märjamaa alev1998 · 12 flats | €0 | €21,607 | 2025 |
| – | Oru tn 8Märjamaa alev1962 · 8 flats | no reports | ||
| A | Oru tn 6Märjamaa alev1998 · 8 flats | €0 | €839 | 2025 |
| B | Muru tn 3Märjamaa alev1998 · 8 flats | €0 | €18,884 | 2025 |
| B | Oru tn 4Märjamaa alev1960 · 8 flats | €37,711 | €0 | 2025 |
| C | Muru tn 4Märjamaa alev1966 · 12 flats | €5,441 | €11,750 | 2025 |
| D | Muru tn 5Märjamaa alev1969 · 12 flats | €0 | €6,141 | 2025 |
| C | Muru tn 6Märjamaa alev1969 · 12 flats | €0 | €31,075 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €74,994 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 €10,648.
When was the building built?
According to the building register, it was first used in 1970 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Aivar Vakker, Ülle Viisimaa (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.