The project Bordeaux Turenne by Baltis

Review of the project Bordeaux Turenne by Baltis

Review's score :

This review is proposed by Grégory Vaur on 18/12/2023

⏰ The project starts on 20/12/2023 11h30
💰 The estimated rate of return is 11% per year.
⏱ The duration of the project is 9m
💼 Minimum amount to invest is 100€

🤖 Review's summary

The Bordeaux Turenne project analyzed by Grégory Vaur is an exciting opportunity in the real estate market. This project involves the purchase of a 68 sqm apartment near the city center of Bordeaux, with an 8 sqm terrace. The plan is to renovate the property, including kitchen changes and painting, and then sell it for a profit. Bordeaux is a vibrant city, known for its rich history and beautiful architecture. With a population of 266,000 residents, it offers a lively atmosphere and plenty of attractions. The city is also conveniently located, just 12 km from Bordeaux airport and 70 km from the famous Dune du Pilat and Cap Ferret. There are several strengths to this project. Firstly, the projected yield is 11%, which is higher than the average yield of previous projects on the platform. Additionally, the operator has a strong commitment of 29%, showing their dedication to the project's success. The project also benefits from a first-ranking mortgage, providing a solid level of security. However, there are a few concerns to note. The Loan to Acquisition ratio is quite high at 122%, which may indicate a potential risk. The Loan to Sale ratio is also low at 68%, which could affect the project's profitability. Furthermore, there is no pre-commercialization at this stage, which may cause some uncertainty. Despite these concerns, the project offers several positive aspects. The location is excellent, with amenities such as tram stops, doctors, and restaurants within 500 meters, and popular landmarks like Place de la Bourse and Place des Quinquonces within 2 km. The estimated sale price is realistic, falling between the average price and the high end of the market. The property is in good condition after renovation, and the budget for the works seems reasonable. In terms of platform quality, Baltis has a low rate of delays and no permanent losses, indicating a reliable platform. Additionally, by using the referral code BLUERSKY and signing up through the provided bonus link, you can receive a €20 bonus after making an investment. In conclusion, while there are some potential risks to consider, the Bordeaux Turenne project presents a promising opportunity. With a strong yield and a realistic sale price, it has the potential to be a successful venture. Just make sure to thoroughly evaluate the risks and rewards before investing. Happy investing!

Historial rates of return Baltis

Investor votes results for the project: Bordeaux Turenne

48 voters
👎40% 👍15% 🤷25% 🏳️21%
To vote :

Grégory Vaur
Grégory, I am 26 years old and have been an investor in real estate crowdfunding, stock markets and crowd-lending for around 1 year. I trained myself by watching videos on these subjects. I am currently registered on the first brick, Clubfunding, Raizers...