Solutions
This historic hotel in the very heart of Rīga remained unsold for a long time because of strained relations between the owners, and other complications. One building was owned by a Latvian company, which belonged to a Swedish holding company
The property was encumbered by rent agreements recorded in the Land Register. Additionally, certain adjustments had to be made because of the identity of the seller: one of the biggest Christian communities in Latvia.
The property owner resided in the USA and had delegated the signing of the deal to their representatives. The property was already under contract for sale when the owner suddenly withdrew from the transaction with this buyer for personal reasons
