Apartment association · Rakvere linn
Võidu tn 88 apartment association
Rakvere linn, Võidu tn 88 korteriühistu (registry code 80061109) manages a 5-storey panel building built in 1977 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €356,010 (€108 per m² of flat space) and it held €28,029 in cash. Long-term liabilities have fallen 31% since 2019.
Board
- ASAleksei Savviboard member8 years 9 months
- JJJanek Jõeäärboard member3 years 9 months
- RKRoman Kurakinboard member2 years 3 months
- VVVeiko Valkboard member2 years 3 months
- House conditiongood
- 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
Building
- Built
- 1977
- Storeys
- 5
- Construction
- panel
- Flats
- 60
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.
- Facade
- Roof
- Pipes2022
- Heating2022
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Korterelamu renoveeriti 2022. aastal“ · ad of 1 flat
- „mille käigus vahetati välja vee-, kanalisatsiooni- ja keskküttetorustik“ · ad of 1 flat
- „Kortermaja ning trepikojad on renoveeritud“ · ad of 1 flat
- A
- B
- CCvalid until 14.01.2030
- D
- E
- F
- G
- H
Compared with similar buildings: Rakvere linn, built 1972–1982, panel (22 associations).
Finances by year
Loan principal repayment is an estimated €0.65 per m² of flat space a month, about €33 a month for a 50 m² flat (interest not included) — more than 64% of associations repaying a loan. The median is €0.52 in Estonia and €0.65 in Rakvere linn. At the current pace the loan will be repaid around 2039.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €356,010 | €55,138 | €28,029 | €41,254 | €0 |
| 2024 | €382,668 | €39,257 | €22,449 | €38,343 | -€4,337 |
| 2023 | €407,142 | €37,442 | €15,259 | €30,831 | -€2,790 |
| 2022 | €436,789 | €43,849 | €22,332 | €16,381 | -€7,163 |
| 2021 | €459,698 | €59,360 | €32,583 | €18,007 | -€9,111 |
| 2020 | €486,914 | €55,489 | €30,485 | €17,012 | -€9,537 |
| 2019 | €513,626 | €53,993 | €28,943 | €18,389 | -€10,558 |
Compared with similar buildings (Rakvere linn, built 1972–1982, panel; 22 associations), long-term liabilities per m² of flat space are higher than 36% of them. The median for buildings with a loan is €128/m².
Flats in this building
Over the last 12 months 4 flats have been for sale in this building, asking €1,090–€1,341 per m². 1 flat was offered for rent at €375 a month.
Estate agents in Rakvere · Flat prices in Rakvere
Estate agents who have offered flats in this building
- Andrus PeielArco Vara Kinnisvarabüroo OÜ1 flat
- Swen PahklaKinnisvarabüroo Uus Maa OÜ1 flat
What is your flat worth?
An estimate for a flat at Võidu tn 88 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Võidu tn 921961 · 5 flats | €0 | €0 | 2020 |
| C | Võidu tn 861981 · 60 flats | €429,338 | €48,297 | 2025 |
| – | Kungla tn 202015 · 3 flats | no reports | ||
| – | Võidu tn 84a1948 · 5 flats | no reports | ||
| E | Rägavere tee 161948 · 8 flats | €0 | €758 | 2025 |
| – | Võidu tn 831948 · 3 flats | no reports | ||
| B | Võidu tn 841983 · 60 flats | €1,153,663 | €44,230 | 2025 |
| – | Rägavere tee 9a1961 · 4 flats | €0 | €6,030 | 2022 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €356,010 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 €28,029.
When was the building built?
According to the building register, it was first used in 1977 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Aleksei Savvi, Janek Jõeäär, Roman Kurakin, Veiko Valk (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.