Apartment association · Tallinn

Virbi tn 12 apartment association

Tallinn, Virbi tn 12 korteriühistu (registry code 80278896) manages a 16-storey reinforced-concrete building built in 2006 with 76 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €19,363 in cash. The report shows no long-term liabilities.

Board

  • MHMaksim Harlašovboard member4 years 8 months
  • NRNele Raunboard member8 years 4 months
  • SKSergei Kazakevitšboard member8 years 9 monthsalso: M. Härma tn 12a
E
Association grade
E · weak
Tallinn: ranked 4322 of 4,374 graded associations.
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
Managementaverage
reports filed on time

Building

Built
2006
Storeys
16
Construction
reinforced concrete
Flats
76
Lift
yes
Heating
district heating
Energy class
  • A
  • B
  • CC2011
  • D
  • E
  • F
  • GGvalid until 09.09.2035
  • H

Building page: Virbi tn 12 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€19,363
€5/m² · similar €11/m²
Income per m² a month
€1.34
similar buildings €1.34

Compared with similar buildings: Tallinn, built 2001–2011, reinforced concrete (155 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€14,709€19,363€63,052-€15,760
2024€0€34,613€23,417€109,497€29,758
2023€0€25,359€23,252€63,914€18,166
2022€0€22,289€20,384€53,793€10,437
2021€0€19,681€16,362€51,781€11,310
2020€0€16,337€25,297€45,021€18,242
2019€0€16,872€18,365€32,820€15,061

Of similar buildings (Tallinn, built 2001–2011, reinforced concrete; 155 associations), 26% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 4 flats have been for sale in this building, asking €3,034–€3,636 per m². 2 flats were offered for rent at €480–€900 a month.

Estate agents in Laagna · Flat prices in Laagna

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AVirbi tn 8 // 102017 · 44 flats€0€61,7312024
DVirbi tn 181981 · 180 flats€0€69,3602025
BVirbi tn 71985 · 64 flats€4,046€9,9322025
CVirbi tn 111981 · 75 flats€27,126€34,3162025
AVirbi tn 201981 · 108 flats€0€104,4512025
CVirbi tn 41992 · 140 flats€0€105,2862025
CArbu tn 11983 · 72 flats€0€84,0972025
CLoitsu tn 21980 · 90 flats€0€21,4142025

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 €19,363.

When was the building built?

According to the building register, it was first used in 2006 and has 16 storeys.

Who is on the association's board?

According to the business register, the board members are Maksim Harlašov, Nele Raun, Sergei Kazakevitš (board since 05.01.2018).

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.