Rubenu Street II, Jurmala
Finished: fully repaid!
General Information
LENDING
REAL ESTATE
BULKESTATE
BBB
Biannual
Financial Information
€57,000.00
--
€0.00
€5.00
14.00 %
--
59.00 %
property_backed
Important Dates
730
2020-08-26
2022-08-26
Description
Object
The property is located in Jūrmala, Valteri, a seaside residential area near the Baltic Sea. It comprises of 2710 m2 large land plot, a residential building of 149,7 m2 and a garage of 36,6 m2.
Valteri is a part of Jūrmala city, located between the Baltic Sea and river Lielupe. The infrastructure of the district is well-developed as the capital city Riga is only 20 km away. In near distance are markets, school and kindergarten as well as a bus stop and a train station.
Loan target
A loan is intended to refinance the current financial commitments of the borrower. While the borrower has repaid interest payments of the previous loan in full amount, only the principal amount of the loan is refinanced.
Amount of the loan
57 000 EUR
Independent valuation of the property
97 000 EUR
Security
1st rank mortgage
Repayment term
23 months
Repayment of the investments
Accrued interest will be paid every 6 months. The principal payment will be paid out at the end of the loan term.