The project Au-dessus des Jardins by Raizers

Review of the project Au-dessus des Jardins by Raizers

Review's score :

This review is proposed by Grégory Vaur on 16/01/2024

⏰ The project starts on 18/01/2024 14h00
⏱ The duration of the project is
💼 Minimum amount to invest is 1000€

🤖 Review's summary

Project Analysis: "Au-dessus des Jardins" by Raizers, analyzed by Grégory Vaur Hey there! Let's dive into the analysis of the project "Au-dessus des Jardins" by Raizers. First off, this project is all about buying and reselling land without any construction work. The funding goal is €550,000 and the capital repayment is "in fine," meaning investors will receive their full repayment at the end of the project. Now, let's take a closer look at the details. The operator has already purchased a total of 6044 m² of land and plans to sell it with a building permit that allows for the construction of 81 social housing units. The land is pre-sold, but there is a condition for obtaining a new building permit. Initially, there were plans for 6 buildings, but now it has been reduced to 3 buildings with 81 units. The project is located in Villerupt, a charming town with a population of 10,000 people. It's conveniently situated just 30 kilometers away from Luxembourg's capital and 50 kilometers away from Metz. Now, let's talk about the strengths and weaknesses of this project: ✅ The project offers a high return on investment. ✅ The return is higher than the average return (10.81%) of recent projects on Raizers. ✅ The Loan to Acquisition (LTA) ratio is low at 98%. ✅ The Loan to Sale (LTS) ratio is very low at 31%. ✅ The operator's commitment is high at 44%. ✅ The project is backed by a first-ranking mortgage with good coverage based on the acquisition price (102%). ✅ The company responsible for the project has healthy finances and is not heavily indebted. ✅ There are nearby amenities like a bakery, pharmacy, and tobacco shop within 2 kilometers. ✅ The estimated selling price seems realistic and falls within the higher range of prices for similar plots in the area. ✅ The project has a high margin in both optimistic and pessimistic scenarios. ✅ The land has already obtained the first building permit for 6 buildings with 81 housing units. ✅ The project operator has previous experience in similar projects, including one in Villerupt. There are, however, a few areas of caution: ⚠️ There is uncertainty regarding the pre-commercialization process and obtaining the new building permit. ⚠️ There is a lack of reliable data on the evolution of land prices per square meter. ⚠️ There is no information available on the net worth of the personal guarantors. In terms of the platform's quality, Raizers has a low rate of delays over 6 months (7.26%) and no reported permanent losses (0%). Overall, "Au-dessus des Jardins" seems like a promising project with good potential for returns. However, there are some uncertainties regarding the pre-commercialization and the acquisition of the new building permit. It's important to weigh these factors when considering an investment. If you decide to jump in, don't forget to use my referral code "MBS" when signing up on Raizers to potentially earn a maximum bonus of €100! Remember, investing is like gardening—sometimes you need to take calculated risks to see your investment bloom. Happy investing and may your returns be as bountiful as a beautiful garden!

Historial rates of return Raizers

Investor votes results for the project: Au-dessus des Jardins

69 voters
👎33% 👍33% 🤷16% 🏳️17%
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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...