“River Paradize” guest complex construction
SIA "River Paradise"
10 Jul 2019
18.20% per annum
€ 400 000
€ 400 000
5 % fee
Monethera GROUP OÜ
Pledged commercial assets and personal guarantees of the director
Monthly on the 1st day of each month
SIA RIVER PARADISE, a real estate company that owns an exclusive piece of land in Jelgava. It is based on the bank of the Lielupe River, opposite the largest in the Baltics baroque palace. They are beginning construction of the “River Paradize” guest complex.
Construction’s plan is designed for 2 year and will consist of several stages.
The first stage will include the renovation of an old building in an exclusive guest house in a classic style, including 8 luxury rooms, a banquet hall, a restaurant and a SPA center, as well as infrastructure - the construction of a playground, driveways, landscape design, shore and berth for mooring boats.
The implementation of the first phase of the project will begin in July 2019 and will end in 12 months.