The project Sausset by Baltis

Review of the project Sausset by Baltis

Review's score :

This review is proposed by Grégory Vaur on 08/01/2024

⏰ The project starts on 10/01/2024 11h30
💰 The estimated rate of return is 11.5% per year.
⏱ The duration of the project is 6m
💼 Minimum amount to invest is 100€

🤖 Review's summary

Analysis of the Sausset project at Baltis by Gregory Vaur: The Sausset project is an interesting investment opportunity for those looking for a buy-and-sell project without any major renovations. The project involves the acquisition of a 114 sqm house on a 2,023 sqm plot. The goal is to divide the property into three separate lots and then sell them individually. One of the strengths of this project is its high potential yield of 11.5%, which is higher than the average yield of 10.88% for recent projects at Baltis. Additionally, the Loan to Acquisition (LTA) and Loan to Sale (LTS) ratios are both low at 73% and 55% respectively, which indicates a lower level of financial risk. The operator is also committed to the project with a 57% investment. In terms of guarantees, there is a first-ranking mortgage with a coverage ratio of 136% based on the acquisition price, which is considered very high. There are also two personal guarantees from individuals with a net worth of 1.75 million Euros. However, the company involved in the project does not have a financial report available yet due to its recent establishment. One potential concern is the pre-commercialization of the project. While 58% of the projected revenue has been pre-sold through a compromise, there are still conditions to be met, including financing and obtaining authorization. This introduces a level of uncertainty to the project. The location of Sausset-les-Pins is favorable, with proximity to amenities such as schools, supermarkets, and restaurants. The estimated exit price for the main house is realistic, falling within the range of the average price per square meter in the area. Overall, the project seems to have good potential, with a reasonable margin in both optimistic and pessimistic scenarios. The risk related to urban planning seems to be under control, with the necessary permits for dividing the land and access already obtained. The property is also in good general condition, although some minor refurbishments may be required. Baltis, the investment platform, has a good track record with low rates of delays and no reported losses. Additionally, there is a bonus offer available for new investors who use the referral code BLUERSKY and sign up through the provided link, allowing them to receive 50 Euros after their first investment. In conclusion, the Sausset project at Baltis presents a promising investment opportunity with an attractive potential yield and a reasonable level of risk. Investors interested in the real estate market should consider this project and take advantage of the bonus offer.

Historial rates of return Baltis

Investor votes results for the project: Sausset

66 voters
👎32% 👍35% 🤷18% 🏳️15%
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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...