Apartment association · Narva linn

Vestervalli tn 6 apartment association

Narva linn, Vestervalli tn 6 korteriühistu (registry code 80170874) manages a 3-storey brick building built in 1959 with 14 flats. According to its 2025 annual report, the association's long-term liabilities were €2,257 (€2 per m² of flat space) and it held €1,176 in cash. Long-term liabilities have fallen 7% since 2019.

Board

C
Association grade
C · average
Narva linn: ranked 146 of 407 graded associations.
House conditionweak
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementgood
reports filed on time · professional manager

Building

Built
1959
Storeys
3
Construction
brick
Flats
14
Lift
no
Heating
district heating

Building page: Vestervalli tn 6 →

Long-term liabilities
€2,257
as of 31.12.2025
Liabilities per m²
€2
similar buildings with a loan €11
Cash
€1,176
€1/m² · similar €7/m²
Income per m² a month
€0.93
similar buildings €1.03

Compared with similar buildings: Narva linn, built 1954–1964, brick (86 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
3 €/m²20193 €/m²20207 €/m²20217 €/m²20226 €/m²20232 €/m²20242 €/m²2025
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.06 per m² of flat space a month, about €3 a month for a 50 m² flat (interest not included) — less than 97% of associations repaying a loan. The median is €0.52 in Estonia and €0.22 in Narva linn. At the current pace the loan will be repaid around 2029.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€2,257€3,903€1,176€10,304€2,561
2024€2,219€3,737€3,454€13,324€2,311
2023€5,434€3,644€6,146€9,279€2,195
2022€6,123€3,312€7,855€8,812€2,195
2021€6,808€4,189€7,558€8,065€2,022
2020€2,568€2,636€6,757€7,532€1,832
2019€2,438€2,598€4,610€7,496€1,832

Compared with similar buildings (Narva linn, built 1954–1964, brick; 86 associations), long-term liabilities per m² of flat space are higher than 80% of them. The median for buildings with a loan is €12/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DVestervalli tn 81956 · 12 flats€0€3,3252025
BVestervalli tn 41959 · 17 flats€0€5,0772025
AVestervalli tn 101959 · 24 flats€135,740€3,7902025
ESuur tn 71959 · 16 flats€0€4,4282025
ESuur tn 91959 · 15 flats€0€1,4632025
CVestervalli tn 21958 · 15 flats€0€2,8642025
BSuur tn 51959 · 18 flats€0€12,7412025
CViru tn 111964 · 32 flats€0€10,4192025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €2,257 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 €1,176.

When was the building built?

According to the building register, it was first used in 1959 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Aleksandr Kondybko, Irina Rožinova, Tatjana Zavjalova (board since 15.05.2025).

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, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.