M7 Real Estate Acquires Retail Property In Évora, Portugal For €12.2M
S.Jose Da Ponte, Quinta Do Alcaide, 7005 410 évora, Portugal
$12,200,000
Building Size
—
Asset Type
Retail
Closing
Jan 30, 2022
About this deal
AI
The retail property located at S.Jose da Ponte, Quinta do Alcaide, 7005-410 Évora in Portugal was recently involved in a closed transaction. The deal, which took place on 31/01/2022, was facilitated by Leonardo Peres & Joao Salema Garcao. The property was purchased for a total price of €12,200,000. The vendor of the property was M7 Real Estate - Leonardo Peres & Joao Salema Garcao.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: €12,200,000
The transaction involved the acquisition of a retail property in S.Jose da Ponte, Quinta do Alcaide, 7005-410 Évora. Leonardo Peres & Joao Salema Garcao acted as the representatives of M7 Real Estate in this deal. This transaction showcases the ongoing activity in the retail sector of Portugal's real estate market.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.30%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93