Räni town, Kambja · Apartment association financial analysis
Saareääre tee 1 apartment association
Registered name: Kambja parish, Räni town, Saareääre tee 1 korteriühistu
Reg. code 80451395 · 16 flats · 1 433,2 m² total area · Report year 2025 · Building EHR 120825711
Kambja parish, Räni town, Saareääre tee 1 apartment association (registry code 80451395) is the apartment association of the building at Saareääre tee 1, Kambja (registry data as of 10.11.2026). Per the 2025 annual report: 16 flats, repair-fund balance €4 896, no bank loan. Building facts and flat prices → · Board and contact · Sources
68/100
Good and stable position
Financial health index · 2025 report · experimental
Financial health index · 2025 report · experimental
Liquidity (25%)48
Loan burden (20%)85
Receivables (15%)85
Repair fund (25%)65
Governance (15%)65
Calculated from public annual reports; the weights are published. How the index is calculated →
Median flat's monthly cost (2025 report)
€88 /month
ca €1,04 /m² (likely incl. utilities)
A regional comparison group with a sufficient sample is not available.
Repair fund balance
€4 896 (€3.4/m²)
Bank loan burden
0 € · None
Financial health index (experimental)
Compared with the median (Kambja parish)
–
Calculated from the flat table of the 2025 annual report (amounts billed per flat in total €17 840, divided by the flats' floor area and 12 months). The total is 1.8 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 27.04.2024, Maa- ja Ruumiamet (open data licence)
Location map · CARTO Voyager · © OpenStreetMap contributors
5-Year Reserve & Capital Trend
Reserve / flat
€306
Reserve / m²
€3.4 /m²
Bank loan debt
0 € · Debt-free
Liquidity & buffer
48/100 · 1.1 mo operating buffer (after the repair fund)
Debt burden
85/100 · €0,0 /m²
Payment discipline
85/100 · Receivables €1 683
Repair reserve level
65/100 · €3.4 /m² (reserve)
Reporting compliance
65/100 · 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:
Financial status
Financial indicators & reserves
Year-end repair fund stood at €4 896 with loans at 0 €.
Source: Annual report 2025
Building condition
No detailed repair itemization in public reports
Public reports do not itemize specific capital repairs. Request the technical audit and meeting minutes from the board to assess roof, heating, and plumbing condition.
Source: Annual report 2025
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. 80451395) for 16 apartments in total.
Flat-table average 2025: €1,04 /m² per month
Repair-fund collections: €0,10 /m²
Recognized member revenue: €0,56 /m²
Loan principal, next 12 mo: €0.00 (no loan)
3-room
4 in the building
Recognized member revenue
€47 /flat
Repairs
€8 /flat
Loan
€0 /flat
€87 /month
+€285 to reserves
4-room
4 in the building
Recognized member revenue
€54 /flat
Repairs
€10 /flat
Loan
€0 /flat
€99 /month
+€327 to reserves
What the amounts shown include
Amounts come from the association's annual report (2025) divided by the building's 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
8 apartments in buildingSelect an apartment from the list or pick a real apartment size in the building to calculate the valuation estimate and monthly fees.
Apartment 1 (4-room, 1. fl):
100,1 m²
min 82,1 m²
max 100,1 m²
Estimated monthly cost (2025 flat table):
€104 /mo
Recognized member revenue
€56 /flat
Repair fund
€10 /flat
Association bank loan
€0 /flat
Accounting share of the repair fund (not withdrawable)
+€342
Calculated from the flat table of the 2025 annual report (amounts billed per flat in total €17 840, divided by the flats' floor area and 12 months). The total is 1.8 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 €17 840 (€1.04/m² a month); member fees recognised in the income statement €9 691 (€0.56/m²); repair-fund collections €1 720 and €645 was recognised in the income statement. 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.
Building Technical Condition
Renovation Works and Technical Findings
Verified records of completed capital works, contractors and technical notes from official annual reports:
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.
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) ↗
- Notes used from the report: cash: Note 2 „Raha“, p. 6; receivables: Note 3 „Nõuded ja ettemaksed“, p. 7; payables: Note 4 „Võlad ja ettemaksed“, p. 7; repair fund: Note 5 „Sihtotstarbelised tasud, annetused ja toetused“, p. 7; member fees: Note 6 „Liikmetelt saadud tasud“, p. 8
- Flat areas and building data: Building Register (EHR), building 120825711.
- 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 | €9 691 | €1 720 | €0 | €4 896 | €0 | €5 829 |
| 2024 | €4 285 | €1 720 | €0 | €9 208 | €0 | €10 447 |
| 2023 | €3 501 | — | €0 | €8 133 | €0 | €9 183 |
| 2022 | €3 051 | — | €0 | €6 880 | €0 | €8 009 |
| 2021 | €3 092 | — | €0 | €5 160 | €0 | €6 586 |
Balance sheet at year end (2025)
Cash in bank accounts
€5 829
Receivables (report balance lines)
€1 683
Payables to suppliers (utilities)
€1 453
Bank loan balance
€0 (none)
Reserve capital
€0
Repair fund adequacy
Repair fund balance
€4 896
Repair fund balance per m²
€3,4 /m²
Repair fund balance per apartment (average)
ca €306
Annual inflow to the repair fund
€1 720 /yr
Balance relative to annual repair costs
—
68
/ 100
Experimental model
Good and stable position
Association financial health index (68 / 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
48/100
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
85/100
Ratio of receivables to annual turnover and its trend
Repair fund adequacy
25% weight
65/100
Accumulated repair fund balance per m² and per apartment
Reporting and governance
15% weight
65/100
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 Räni 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
€1,04
Median (Kambja parish)
–
Typical range (IQR)
–
Difference vs median
–
Key ratios and liabilities
Cost tier assessment
Cohort sample insufficient
Debt compared with the peer cohort
0 €
Receivables relative to annual costs
16.8 % of annual costs
Flats in building
16 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) |
|---|---|---|---|---|
| Saareääre tee 1 This association | 16 | €3,40 | €0 (none) | €1,04 |
| Saareääre tee 2 ↗ | 8 | €0,00 | 0 € | – |
| Saareääre tee 5 ↗ | 8 | €0,00 | 0 € | – |
Nearby (within 500 m)
Similar-sized associations in the area (±35% flats)
Viirpuu tn 55 · 12 flats · 782 m
Viljandi mnt 74 · 16 flats · 2181 m
Viljandi mnt 72 · 13 flats · 2219 m
Rattasepa tee 2 · 20 flats · 3699 m
Järve tee 1 · 12 flats · 3853 m
Kanarbiku tn 4 · 14 flats · 4578 m
Kanarbiku tn 6 · 14 flats · 4673 m
Papli tn 15 · 16 flats · 4871 m
Papli tn 14 · 12 flats · 4931 m
Tartu mnt 66 · 11 flats · 4989 m
Buyer Due Diligence (Apartment Associations Act § 43)
Buyer Due Diligence: 6 Critical Checks Before Purchasing
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
Future borrowing
General meeting
Check whether general meetings have discussed taking a new renovation loan
Although the association is currently debt-free, upcoming major renovations may lead to new borrowing.
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
Want a property lawyer and an auditor to run these 6 checks for you?
Order an independent association pre-purchase check (€149) before signing a binding offer.
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
Kambja parish, Räni town, Saareääre tee 1 apartment association
Registry code
80451395
Legal form
Apartment association
Status
See the Business Register ↗
Members (2025 report)
16
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
Saareääre tee 1, Kambja
EHR building code
120825711 →
Building and association
The association's address and the managed building may differ; the official address is in the Business Register.
Apartments in the building
16 apartments
Related building price info
View the building value page →
Frequently asked questions about the apartment association
What are the finances of the Saareääre tee 1 apartment association?
From the 2025 annual report (reg. code 80451395): 16 flats, repair-fund balance €4 896 (€3/m²), no bank loans.
What does a flat cost per month in Saareääre tee 1?
On average per the 2025 report €1.04/m² a month (likely incl. utilities); for a 50 m² flat about €52. Calculated from the flat table of the 2025 annual report (amounts billed per flat in total €17 840, divided by the flats' floor area and 12 months). The total is 1.8 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 Saareääre tee 1 apartment association and who is on the board?
The registered name is Kambja parish, Räni town, Saareääre tee 1 apartment association, registry code 80451395. 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.
Is the Saareääre tee 1 repair fund sufficient?
At the end of 2025 the repair-fund balance was €4 896 (€3/m²). Inflow to the fund during the year: €1 720. 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 Saareääre tee 1 apartment association have a loan?
No. The association had no bank loan at the end of 2025.
Have the fees of the Saareääre tee 1 apartment association gone up?
Member fees totalled €3 092 in 2021 and €9 691 in 2025 — a change of +213.4%.
Need the association official source documents?
All primary sources, land register entries and professional reports in one place.
PDF financial report (€7.99)
Full extract of 5 years of balance sheets, the repair fund and loans.
Pre-purchase check (€149)
Written pre-purchase check: price, association finances, permits and risks.
e-Business Register
This association official registry card (Business Register).
Building value page
Apartment sale prices, Land Board transactions and the AVM model-based price.
Estiq Real Estate & Independent Expertise
How can we help you with the association Saareääre tee 1?
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Comprehensive association financial report
5 years of balance sheets, loans and debtors
EVS 875 report
Bank valuation report
Professional valuer certificate (EVS 875)
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Written summary within 48 hours of payment
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