Socimi Entrecampos invest for the first time in Portugal

Socimi Entrecampos invest for the first time in Portugal

 

According to the EjePrime, it concerns No. 384 of Rua de São Bento, in Lisbon, for residential and commercial use, whose deed was formalized on December 21.

The property has 5 spaces and a shop on the ground floor. The socimi estimates that the lease of all the fractions of the building adds up to around €10,000 per month, which will allow a profitability of 6.15%, quotes the Spanish newspaper.

The company also informs that the purchase was made using own funds and a corporate loan of €1.8 million with a Spanish Bank.

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