Object Two-room apartment on the 4th floor in Riga, Laboratorijas Street 14. The apartment is 60m2 large. The building is well managed and has been renovated. Goal of the loan Funding is attracted to provide current assets necessary for the borrower’s business development. Amount of the loan 35,000 EUR that make up 64% of sales value. Independent valuation of the property 54,800 EUR Security First rank mortgage Repayment term 12 months Repayment of the loan Principal amount and accrued interest in full is repaid in the end of the repayment term. Surroundings and infrastructure The apartment is located in Grīziņkalns suburb that borders the city centre. It is crossed by main streets of the city. As usually with suburbs bordering city centre, the infrastructure is of good quality and pleasant for living. The suburb is very active and vital, it is continuously developing and offers the city inhabitants various sports events and activities. The nearby stadium in Grīziņkalna park regularly hosts different sports events gathering youngsters and active people. Families with children have a wonderful opportunity to enjoy the newly built playground and skate park on Barona Street. The object is surrounded by different beautiful parks. Not far from the object the forever vital Ziedoņdārzs is located that was created in the 20th century. The above mentioned Grīziņkalna park gathers people who are eager to enjoy nature in the middle of the city rush.
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