Apartment association · Kuressaare linn, Saaremaa vald

Vikerkaare tn 5 apartment association

Saaremaa vald, Kuressaare linn, Vikerkaare tn 5 korteriühistu (registry code 80345664) manages a 2-storey brick building built in 2023 with 3 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €731 in cash. The report shows no long-term liabilities.

Board

  • MVMalle Varesboard member1 month
A
Association grade
A · very good
Saaremaa vald: ranked 46 of 277 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferweak
cash per m², 3-year average
Managementaverage
reports filed on time

Building

Built
2023
Storeys
2
Construction
brick
Flats
3
Heating
stove

Building page: Vikerkaare tn 5 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€731
€3/m² · similar €14/m²
Income per m² a month
€1.43
similar buildings €0.56

Compared with similar buildings: Saaremaa vald (277 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20211 €/m²20220 €/m²20230 €/m²20240 €/m²2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€1,308€731€4,817€0
2024€0€1,612€1,177€2,174€0
2023€0€733€406€3,762€0
2022€343—€916€1,151€0
2021€0€690€393€5,220€0
2020€0€712€300€5,220€0
2019€0€898€708€7,020€0

Of similar buildings (Saaremaa vald; 277 associations), 38% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €2,469–€2,469 per m².

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Tuule tn 29Kuressaare linn2006 · 2 flatsno reports
AUus-Roomassaare tn 40Kuressaare linn2006 · 4 flats€0€2,0282025
–Saue tn 18Kuressaare linn1946 · 1 flatsno reports
–Talve tn 5Kuressaare linn1966 · 2 flatsno reports
–Saue tn 22Kuressaare linn1959 · 5 flatsno reports
DTalve tn 20Kuressaare linn1958 · 8 flats€32,403€2,0112025
DTalve tn 22Kuressaare linn1953 · 12 flats€0€9,0632025
–Uus-Roomassaare tn 24Kuressaare linn1959 · 3 flatsno reports

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €731.

When was the building built?

According to the building register, it was first used in 2023 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Malle Vares (board since 11.09.2026).

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.