Baltic International Bank SE initiates bidding for a 6-storey building in Old Riga
The insolvent administrator of Baltic International Bank SE invites to make price offers for the real estate owned by the credit institution at Miesnieku Street 9, Riga, as well as furniture and office equipment located therein.
The real estate at 9 Miesnieku Street, Riga, consists of a plot of land with an area of 232 m2, an administrative building with a total area of 1 106,4 m2 and a basement under the yard with an area of 12,3 m2. At the same time, the used office furniture and equipment in the property are offered for sale. At auction, everything is sold together as a single property.
The building was built in 1900 as a residential house, in the late 1990s its status was changed to an office building. The building was completely renovated in 1997 and subsequently used as the bank's administrative building. It is a representative bank building situated on a small plot with perimeter buildings. The communications are excellent - centralized electricity, gas, heating, water and sewerage are connected to the plot. The real estate is located in the territory of the monument of national importance “Historical Center of Riga” (state protection number 7442). The building is vacant, in good technical condition and ready for immediate use.
The valuation of the entire property and the price below which the entire property are not sold - EUR 1 545 000,00, including real estate EUR 1 520 000,00, furniture EUR 5 000,00 and office equipment EUR 20 000,00.
The price of the real estate in the amount of EUR 1 520 000.00 (98.38 % of the total price) is not subject to value added tax, while the price of the movable property of EUR 25 000.00 (1.62 % of the total price) is subject to value added tax.
All persons wishing to purchase the Property are invited to submit a written offer to the Administrator by August 31, 2025.
It is already possible to view the real estate and the movable property therein in person by prior arrangement, by calling 67000444 or by sending an e-mail to info@bib.eu.
