The project Les Tuileries by Upstone

Review of the project Les Tuileries by Upstone

Review's score :

This review is proposed by Damien Cuyala on 16/01/2024

⏰ The project starts on 18/01/2024 15h00
💰 The estimated rate of return is 12% per year.
⏱ The duration of the project is 15m
💼 Minimum amount to invest is 100€

🤖 Review's summary

Analysis of Les Tuileries project by Upstone

The Les Tuileries project is an real estate operation involving the purchase, rehabilitation, and resale of a barn located on Rue des Tuileries in Thuir, France. The existing structure will be converted into three apartments, and an additional apartment will be built on the site where another building will be demolished.

✅ Strengths:

High yield of 12%, which exceeds the average yield of previous Upstone projects (11.78%).
Operator's commitment is high at 123%.
Optimistic scenario margin of 14.32% is reasonable.
Good condition of the street and neighborhood.
No urban planning risks.
No definitive losses recorded by Upstone.

❗ Weaknesses:

Loan to Acquisition (LTA) ratio is high at 149%.
Fiduciary coverage is low at 67%.
No information provided on the health of the company carrying out the operation or its financing and delays.
No information on the size of the properties for estimating the sales prices.
No photos of the interior condition of the property.
High percentage of delays exceeding 6 months at Upstone (15.83%).

⚠️ Warning:

No information provided on the project carrier's history.

Despite some missing information and weaknesses, the Les Tuileries project overall appears to be a good investment opportunity. The high yield, operator's commitment, and optimistic scenario margin are positive indicators. Additionally, the project benefits from a good location, with nearby amenities such as an airport, train station, primary school, shops, and hospital. The stable and quiet environment also adds to its appeal.

As an investor, it's important to consider the risks associated with the high LTA ratio and low fiduciary coverage. It would be advisable to request further information from Upstone regarding the company's health and financing, as well as the size of the properties for accurate price estimation.

In conclusion, while there are some uncertainties, the Les Tuileries project has potential for a successful return on investment. It's important to conduct further due diligence and make an informed decision before investing.

Historial rates of return Upstone

Investor votes results for the project: Les Tuileries

53 voters
👎40% 👍25% 🤷17% 🏳️19%
To vote :

Damien Cuyala
Damien, 41 years old, I am a business manager in nuclear valves, I also have a company in the distribution of everyday products in short circuits with the credo of "made in France". I started at a young age to learn how to invest in the stock market in dividend stocks, ETFs, and from 2021 on small cap equity strategies, and recently I have been learning about options. In June 2022, I started real estate crowdfunding and I have invested a little over 73 Keuros since then, my investments are distributed across the following platforms: ClubFunding, Raizers, La Première Brique, Upstone, Baltis. I attach great importance to spending time analyzing each project before making the best decision for my investments. Finally, I also have investments in crowdlending, mainly on Lendermarket to diversify my assets as much as possible.