The project Chazette by Koregraf

Review of the project Chazette by Koregraf

Review's score :

This review is proposed by Grégory Vaur on 11/01/2024

⏰ The project starts on 17/01/2024 10h00
💰 The estimated rate of return is 11% per year.
⏱ The duration of the project is 18m
💼 Minimum amount to invest is ?

🤖 Review's summary

Analysis of Chazette Project at Koregraf analyzed by Grégory Vaur

The Chazette project is an exciting opportunity in the real estate market. It involves the acquisition of 2 commercial spaces in the city center of Lyon, with the aim of dividing them into 12 studios and selling them to investors interested in short-term rentals. The prospective buyers will be responsible for the renovation and customization of their individual studios.

Lyon is a vibrant city with a population of 520,000 people, making it the third largest city in France. It is conveniently located just 1.5 hours away from Grenoble by car, providing easy access to other major cities in the region.

Strengths:

High yield of 11%: The project offers a higher than average return compared to previous projects at Koregraf.
Good location: The property is located less than 2 km away from a hospital, the Parc de la Tête d'Or, a metro station, and various restaurants.
Realistic price range: The estimated selling price of 6,073€/m² falls within the average price range for the area.
Good condition: The properties are in good general condition, minimizing the need for major renovations.

Weaknesses:

High loan-to-acquisition (LTA) and loan-to-sale (LTS) ratios: The project requires a significant amount of financing, potentially increasing the overall risk.
Low operator commitment: The operator has only committed 5%, which could be perceived as a lack of confidence in the project.
Pre-commercialization: The project is only 70% pre-commercialized, with no information provided about the conditions for the remaining 30%.
Work to be done by future buyers: While the properties are in good condition, the future buyers will need to invest in renovations and customization.

Overall Opinion:

The Chazette project at Koregraf presents an interesting opportunity in the real estate market. The high yield and attractive location make it an appealing investment. However, the high loan-to-acquisition and loan-to-sale ratios, as well as the low operator commitment, may pose some risks.

With careful consideration and proper due diligence, this project has the potential to deliver a solid return on investment. The realistic selling price range and good condition of the properties add further confidence to the project's potential success.

As with any investment, it is important for potential investors to thoroughly assess the risks and benefits, and make an informed decision based on their own financial goals and risk tolerance.

In conclusion, the Chazette project offers an exciting opportunity for investors looking to enter the real estate market in Lyon. With a strong potential for a high yield and a strategic location, this project is definitely worth considering.

Historial rates of return Koregraf

Investor votes results for the project: Chazette

37 voters
👎46% 👍3% 🤷8% 🏳️43%
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...