Kose town, Kose · Apartment association financial analysis
Vahtra vkt 20 apartment association
Registered name: Kose parish, Kose town, Vahtra vkt 20 korteriühistu
Reg. code 80119850 · 60 flats in the association · 2 998,0 m² association flat area · Report year 2025 · Building EHR 116009207
Kose parish, Kose town, Vahtra vkt 20 apartment association (registry code 80119850) is the apartment association of the building at Vahtra vkt 20, Kose (registry data as of 10.11.2026). Per the 2025 annual report: 60 flats in the association, repair-fund balance €4 570, bank-loan balance €135 149. Building facts and flat prices → · Board and contact · Sources
Median flat's monthly cost (2025 report)
€181 /month
ca €3,67 /m² (likely incl. utilities)
€2,96
Kose town median €3,55/m²
€3,72
Within the usual range (+3.3% vs median · 21 associations)
Repair fund balance
€4 570 (€1.5/m²)
Bank loan burden
€135 149
Financial health index (experimental)
Compared with the median (Kose town)
+3.3%
The financial figures and calculation area cover the whole association. The apartment selector shows the separate building at Vahtra vkt 20 (60 apartments).
Index components and methodology
64/100
Good and stable position
Financial health index · 2025 report · experimental
Financial health index · 2025 report · experimental
Liquidity (25%)45
Loan burden (20%)85
Receivables (15%)75
Repair fund (25%)50
Governance (15%)80
Calculated from public annual reports; the weights are published. How the index is calculated →
Calculated from the flat table of the 2025 annual report (amounts billed per flat in total €131 986, divided by the flats' floor area and 12 months). The total is 3.2 times the member fees in the income statement, so it likely also includes utilities (heating, water, etc.). It is a past-year average, not the current tariff or a specific flat's bill. Sources: the association's 2025 annual report (Business Register) and flat areas from the Building Register. Sources ↓
Aerial photo · building outline from the Building Register (EHR) · Orthophoto 01.05.2024, Maa- ja Ruumiamet (open data licence)
Location map · CARTO Voyager · © OpenStreetMap contributors
5-Year Reserve & Capital Trend
Reserve / flat
€76
Reserve / m²
€1.5 /m²
Bank loan debt
€45,1/m²
Liquidity & buffer
45/100 · 0.4 mo operating buffer (after the repair fund)
Debt burden
85/100 · €45,1 /m²
Payment discipline
75/100 · Receivables €28 866
Repair reserve level
50/100 · €1.5 /m² (reserve)
Reporting compliance
80/100 · 5 yrs filed in row
View full 5-year balance sheet & cost outlook →
Source: Business Register (2025)
Critical analysis for buyers
Three essential findings before buying a flat
Verified observations derived from official annual reports and the building registry for this property:
Reported finances
Bank loan and repair fund
The bank-loan balance was 135 149 €. The repair-fund balance was 4 570 €. Fund adequacy depends on planned works and their funding; check the budget plan and recent apartment bills.
Source: Annual report 2025; Estiq calculations
Repair expenditure
Repairs and maintenance carried out in report year
Repairs recorded in the report year totaled €21 019. Review the board's management report for the specific work schedule.
Source: Annual report 2025, repair expense line
Buyer verification
Request budget plan and debt clearance (KrtS § 43)
Under Estonian law (KrtS § 43), the purchaser is liable for the previous owner's unpaid association debts. Always demand a formal debt clearance certificate and recent meeting minutes before signing.
Source: Apartment Associations Act § 43
Costs by apartment type per the 2025 report
Calculated from the 2025 annual report (reg. 80119850) for 60 apartments in total.
Flat-table average 2025: €3,67 /m² per month
Repair-fund collections: No data
Recognized member revenue: €1,16 /m²
Loan principal, next 12 mo: €0,37 /m²
1-room
20 in the building
Recognized member revenue
€38 /flat
Repairs
—
Loan
€12 /flat
€119 /month
Allocated fund share €49
2-room
20 in the building
Recognized member revenue
€60 /flat
Repairs
—
Loan
€19 /flat
€190 /month
Allocated fund share €79
3-room
20 in the building
Recognized member revenue
€76 /flat
Repairs
—
Loan
€24 /flat
€241 /month
Allocated fund share €100
What the amounts shown include
Amounts come from the association's annual report (2025) divided by the association's total apartment area. Reports do not split costs by season, so actual summer and heating-season bills are not shown. Whether utilities (heating, water) are included depends on the association's billing.
Find your apartment in building
60 apartments in buildingSelect an apartment to estimate its value and historical report-based association costs.
Apartment 1 (2-room, 1. fl):
52,0 m²
min 32,2 m²
max 65,7 m²
Estimated monthly cost (2025 flat table):
€191 /mo
Recognized member revenue
€60 /flat
Repair fund
—
Association bank loan
€19 /flat
Accounting share of the repair fund (not withdrawable)
+€79
Calculated from the flat table of the 2025 annual report (amounts billed per flat in total €131 986, divided by the flats' floor area and 12 months). The total is 3.2 times the member fees in the income statement, so it likely also includes utilities (heating, water, etc.). It is a past-year average, not the current tariff or a specific flat's bill.
How the figures relate (2025): flat-table total €131 986 (€3.67/m² a month); member fees recognised in the income statement €41 721 (€1.16/m²). These are different accounting quantities and cannot be added up; member fees and repair-fund collections partly overlap, and the flat-table total likely also includes passed-through utilities. Loan principal due in the next 12 months per the report: €13 168 (plus interest).
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Check flat value & order PDF (€7.99) →
Building Technical Condition
Renovation Works and Technical Findings
Works, contractors and technical observations mentioned in annual reports and meeting records; see each record for status and source:
The reports contain no detailed entries on completed repair works
The official annual reports do not include a separate table of completed works or itemised cost lines. Repair costs shown in the reports: €21 019.
Advice for buyers: Ask the association board for the latest general meeting minutes, the approved budget plan and the apartment utility bills for the last 12 months, to confirm the real technical condition of the building and planned works before making an offer.
Sources
- The association's 2025 annual report (01.01–31.12.2025) — original PDF on the Business Register card (annual reports) ↗
- Flat areas and building data: Building Register (EHR), building 116009207.
- Figures are machine-read from the report and checked automatically by Estiq (balance-sheet totals against the notes); no person has reviewed them. Found an error? Write to [email protected].
A more detailed, automatically generated financial analysis (experimental) with its inputs and limitations.
Open the financial analysis ↗
Association 5-year financial trends
Official report data (2021–2025) from the Business Register
| Year | Member income (per report) | Repair fund inflow | Repairs done | Repair fund balance | Bank loans | Cash on accounts |
|---|---|---|---|---|---|---|
| 2025 | €41 721 | — | €21 019 | €4 570 | €135 149 | €6 133 |
| 2024 | €31 849 | — | €2 969 | €12 220 | €146 211 | €11 621 |
| 2023 | €24 332 | — | €8 089 | €4 989 | €191 019 | €4 255 |
| 2022 | €18 869 | — | €5 650 | €3 760 | €210 969 | €3 498 |
| 2021 | €29 571 | — | €16 352 | €1 855 | €191 109 | €5 145 |
Balance sheet at year end (2025)
Cash in bank accounts
€6 133
Receivables (report balance lines)
€28 866
Payables to suppliers (utilities)
€0
Bank loan balance
€135 149
Reserve capital
€0
Repair fund adequacy
Repair fund balance
€4 570
Repair fund balance per m²
€1,5 /m²
Repair fund balance per apartment (average)
ca €76
Annual inflow to the repair fund
—
Balance relative to annual repair costs
0,2 yrs
64
/ 100
Experimental model
Good and stable position
Association financial health index (64 / 100)
An experimental analytical model rates the association balance sheet, loan burden, residents payment discipline and repair fund adequacy across 5 independent dimensions (aligned with RTJ 14).
Liquidity
25% weight
45/100
Coverage of short-term liabilities by cash (estimated coverage period)
Loan burden and liabilities
20% weight
85/100
Remaining bank loan principal and short-term debts
Receivables and payment discipline
15% weight
75/100
Ratio of receivables to annual turnover and its trend
Repair fund adequacy
25% weight
50/100
Accumulated repair fund balance per m² and per apartment
Reporting and governance
15% weight
80/100
Consistency of filed reports and board composition
Model: Estiq Association Financial Health v2.1 (Experimental) · Based on Accounting Standards Board guideline RTJ 14
Regional comparison
Comparison with Kose town peers and neighbors
Comparison against local apartment association fee benchmarks, reserve levels and liabilities.
Fee level compared with the peer cohort
Monthly cost /m²
€3,67
Median (Kose town)
€3,55
Typical range (IQR)
€2,96 – €3,72
Difference vs median
+3.3%
Key ratios and liabilities
Cost tier assessment
Within normal range
Debt compared with the peer cohort
€135 149 · €45,1/m²
Receivables relative to annual costs
68.6 % of annual costs
Flats in the association
60 flats
Comparison with neighboring buildings on the same street
Repair fund and debt figures of neighboring associations from their latest annual reports.
| Building / Association | Flats | Repair fund €/m² | Bank loan | Cost €/m² a month (report) |
|---|---|---|---|---|
| Vahtra vkt 20 This association | 60 | €1,50 | €135 149 | €3,67 |
| Vahtra vkt 12 ↗ | 60 | €0,00 | €89 278 | €3,67 |
| Vahtra vkt 13 ↗ | 18 | €0,00 | €45 605 | €3,33 |
| Vahtra vkt 14 ↗ | 18 | €0,00 | €113 192 | €5,03 |
| Vahtra vkt 15 ↗ | 60 | €0,00 | €696 533 | – |
| Vahtra vkt 16 ↗ | 18 | €0,00 | €69 246 | €3,44 |
| Vahtra vkt 18 ↗ | 60 | €5,08 | €122 736 | €3,55 |
Nearby (within 500 m)
Hariduse tn 3 · 36 flats · 67 m
Hariduse tn 5 · 36 flats · 73 m
Kodu tn 16 · 18 flats · 129 m
Kodu tn 22 · 18 flats · 158 m
Kodu tn 26 · 16 flats · 206 m
Kodu tn 3 · 4 flats · 214 m
Kodu tn 1a · 30 flats · 239 m
Kodu tn 34 · 12 flats · 289 m
Kodu tn 28 · 24 flats · 292 m
Pikk tn 20 · 12 flats · 295 m
Similar-sized associations in the area (±35% flats)
Buyer Due Diligence (Apartment Associations Act § 43)
Buyer checklist: 7 checks before purchase
When buying a flat, the purchaser also acquires a proportional share in all building loans, repair liabilities and past arrears. This checklist is tailored to this association’s actual data:
Utility bills
Essential check
Request the seller’s past 12 months of association invoices
Reveals exact winter heating costs, monthly maintenance fees, and actual payable amounts for this specific apartment.
Included in the Estiq association pre-purchase check
Management plan
Document from board
Review the approved annual management plan (majanduskava)
Shows whether the association plans to increase fees or commission new repairs during the current year, and verifies statutory reserve capital compliance (KrtS § 48).
Included in the Estiq association pre-purchase check
Repair fund drop
Ask the board
Ask the board what caused the repair-fund drop between 2024 and 2025
The repair-fund balance fell from €12 220 to €4 570. This can mean completed renovation work (fine if documented) or the fund being used for running costs. Ask for the work acceptance documents and the plan for the next repair.
Included in the Estiq association pre-purchase check
Bank loan
Financial obligation
Clarify this apartment’s share in the loan balance and loan terms
The association has an outstanding loan of €135 149. Check the maturity date and interest terms in the loan agreement. Ask the association for the current loan agreement and this flat's share of the monthly repayment.
Included in the Estiq association pre-purchase check
Building condition
Internal records
Request the minutes of general meetings from the past 3 years
Minutes reveal recurring resident complaints (e.g. roof leaks, heating, ventilation, parking disputes) and approved works.
Included in the Estiq association pre-purchase check
Payment arrears
Legal protection
Confirm that the association has no severe arrears and this flat is debt-free
Under the Apartment Associations Act, a buyer can be liable for unpaid debts of the previous owner. Obtain an official debt-free certificate.
Included in the Estiq association pre-purchase check
Reporting timeliness
Governance check
Check annual report filing timeliness and board internal controls
By law, the annual report must be approved and filed within 6 months of year-end. Filing reports retroactively or in multi-year batches indicates delayed administrative follow-up.
Included in the Estiq association pre-purchase check
Would you like help with these checks?
We run all checks for you within 48 hours: meeting minutes, upcoming loans and arrears (€149).
Board and official registry data
The apartment association is entered in the register of non-profit associations and foundations kept by the registry department of the court.
Official Business Register card
Full name
Kose parish, Kose town, Vahtra vkt 20 apartment association
Registry code
80119850
Legal form
Apartment association
Status
See the Business Register ↗
Members (2025 report)
60
Association contact
On the Business Register card ↗ (Estiq does not relay the association's contacts)
Financial year
01.01 – 31.12
Management and related properties
Main building address
Vahtra vkt 20, Kose
EHR building code
116009207 →
Building and association
The association's address and the managed building may differ; the official address is in the Business Register.
Apartments in the association
60 apartments
Related building price info
View the building value page →
Frequently asked questions about the apartment association
What are the finances of the Vahtra vkt 20 apartment association?
From the 2025 annual report (reg. code 80119850): 60 flats in the association, repair-fund balance €4 570 (€2/m²), bank loans €135 149.
What does a flat cost per month in Vahtra vkt 20?
On average per the 2025 report €3.67/m² a month (likely incl. utilities); for a 50 m² flat about €183. Calculated from the flat table of the 2025 annual report (amounts billed per flat in total €131 986, divided by the flats' floor area and 12 months). The total is 3.2 times the member fees in the income statement, so it likely also includes utilities (heating, water, etc.). It is a past-year average, not the current tariff or a specific flat's bill.
What is the registry code of the Vahtra vkt 20 apartment association and who is on the board?
The registered name is Kose parish, Kose town, Vahtra vkt 20 apartment association, registry code 80119850. The current board and the association's contact details are on its Business Register card (ariregister.rik.ee); Estiq does not publish board members' names or relay the association's contacts. Registry data as of 10.11.2026.
Is a buyer liable for the association's loans and the seller's arrears?
All owners repay the association's loan through their monthly charges, in proportion to their share. Under § 43 of the Apartment Ownership and Apartment Associations Act, a new owner is also liable, together with the previous owner, for the previous owner's unpaid charges. This association's loan balance at the end of 2025: €135 149.
Is the Vahtra vkt 20 repair fund sufficient?
At the end of 2025 the repair-fund balance was €4 570 (€2/m²). Repair costs for the year: €21 019. The balance is a snapshot at the end of the reporting period; it does not show that future major works (roof, facade, pipes) are covered. Ask the seller for the latest technical inspection and general-meeting plans.
Does the Vahtra vkt 20 apartment association have a loan?
Yes. The loan balance at the end of 2025 was €135 149 (≈ €2 252 per flat).
Have the fees of the Vahtra vkt 20 apartment association gone up?
Member fees totalled €29 571 in 2021 and €41 721 in 2025 — a change of +41.1%.
Buying here? Check before you make an offer
Order an independent pre-purchase check before a binding offer – official registers and reports, written summary.
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Building & surroundings report (€3.99)
Estiq Radar (150–500 m construction), association finances, registers & environment in PDF. No flat valuation.
e-Business Register
This association official registry card (Business Register).
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Pre-offer due diligence
Minutes, loans & arrears
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Association pre-purchase check before a binding offer
Before you buy, Estiq reviews the association documents. We look at hidden renovation loans, the share of debtors, the real repair fund and the general meeting minutes.
Audit of annual reports and the actual balance sheet position
Analysis of general meeting minutes (voted loans and plans)
Check of the debtor list and risk assessment for the buyer
Negotiation arguments to bring the purchase price down