“The House of Moscow in Riga will be put up for auction for 3.57 million euros

“The House of Moscow in Riga will be put up for auction for 3.57 million euros

Kyiv  •  UNN

August 20 2024, 01:51 AM • 116283 views

Latvia will sell the former “house of Moscow” in Riga at an auction. The starting price is 3.57 million euros. The proceeds from the sale will be used to help Ukraine through the Latvian state budget.

Riga will finally get rid of the “house of Moscow” on Marijas Street, which was transferred from the ownership of the aggressor country to the state property of Latvia at the beginning of the year. The building will soon go under the hammer. This was reported by Delfi, according to UNN.

Details

The 966-square-meter plot of land together with the building has been valued at 3.57 million euros, which will be the starting price at the auction, which will begin on August 20 and last until September 19.

Those wishing to participate in the auction have until September 9 to deposit 10% of the starting price of the house into a state bank account. After winning the auction, the author of the highest bid must make the payment within 2 weeks. The funds will be transferred to the state budget, from where they will be used to help Ukraine, as promised by the Latvian authorities.

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