Kr. Valdemāra Apartment No.34a
Finished: fully repaid!
General Information
LENDING
REAL ESTATE
BULKESTATE
BB
Annual
Financial Information
€62,400.00
--
€0.00
€5.00
15.00 %
--
60.00 %
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Important Dates
366
2020-06-30
2021-06-30
Description
Object
The 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 target
The loan is intended to increase the operating capital of the borrower’s company.
Amount of the loan
62 400 EUR
Independent valuation of the property
104 000 EUR
Borrower
SIA 'Rasmuiža', Reg No.40103574290
Security
First rank mortgage
Repayment term
12 months
Repayment of the loan
The principal amount of the investment and the accrued interest will be paid out in a single payment at the end of the repayment term.