Renovation loan

Financing amount – up to 100% of the amount necessary for improvement of the energy efficiency of an apartment building

Apply for financing

  • Eliminate heat losses in a building
  • Reduce heating costs
  • Improve the outside appearance of a building
  • Live in a well-kept dwelling
  • Increase the value of your property
  • Reduce costs of emergency repairs

Terms of receipt of the loan

  • Application for the loan that shall be submitted by a house manager – legal entity who has been authorised by apartment owners to implement the project and enter into agreements
  • An ALTUM conclusion shall be received with regard to the planned activities for improvement of the energy efficiency of the building house and necessary documentation
  • The indebtedness of the building for municipal services and building management must be less than 10% of the total amount of invoices for such services for the last year
  • Security – ALTUM guarantee and monthly building management payments (commercial pledge and financial pledge)
  • Apartment owners must make all (100%) payments for building management and municipal services to Citadele account

Look like a good offer?

Want to know more?

Call 67010000 or write info@citadele.lv