ObjectThe mortgaged property is an apartment with a total area of 48,8 sq.m in a solid residential building completed in 1911. The one-bedroom apartment is located on one of the main city streets, in the area with well-developed infrastructure, and is only a 5 to 10 minute walk away from the Old City and main entertainment areas - museums, parks, theatres and sports arenas.The loan targetThe loan is intended to increase the operating capital of the borrower’s company.Amount of the loan62 400 EURIndependent valuation of the property104 000 EURBorrowerSIA 'Rasmuiža', Reg No.40103574290SecurityFirst rank mortgageRepayment term12 monthsRepayment of the loanThe principal amount of the investment and the accrued interest will be paid out in a single payment at the end of the repayment term.

PreviousNext