The project Saint Germain by Baltis

Review of the project Saint Germain by Baltis

Review's score :

This review is proposed by Grégory Vaur on 19/01/2024

⏰ The project starts on 22/01/2024 14h30
💰 The estimated rate of return is 11% per year.
⏱ The duration of the project is 12m
💼 Minimum amount to invest is 100€

🤖 Review's summary

Project Analysis: Saint Germain at Baltis analyzed by Grégory Vaur Hey there! Let's dive into the analysis of the Saint Germain project at Baltis. First off, the project is set to take place on January 22, 2024 at 14:30:00. This project involves the purchase of a commercial space with a surface area of 70m², along with a garage and a cellar. The plan is to rent out the space as a future pizzeria and then sell it with a tenant already in place. Located in Saint-Germain-en-Laye, a town of 44,000 inhabitants in the Yvelines department, this project offers a great location. It is situated just 30 km from the center of Paris, with easy access via the A13 highway. The town also boasts a beautiful green setting, with the nearby Saint-Germain-En-Laye forest, and has various transportation options, including the RER A and buses. Now, let's take a look at the strengths and weaknesses of this project: ✅ Strengths: - High yield of 11%: This is above the average yield of the latest projects at Baltis, which is 10.9%. - Good operator commitment: The operator is committed to 22% of the project, which shows their dedication. - Prime mortgage guarantee: The project has a first-rank mortgage guarantee, covering 100% of the acquisition price. ❗️ Weaknesses: - High LTA (Loan to Acquisition) of 100%: This is a bit high and could pose a risk. - No pre-commercialization or signed lease: Currently, there is no pre-commercialization or signed lease, which introduces uncertainty. ⚠️ Warning: - Personal guarantee with a net worth composed of shares in companies. - Limited information on the evolution of commercial property prices. Overall, I think this project has a lot of potential. The location in a busy commercial street and the proximity to the A14 highway are promising. The projected exit price seems realistic and falls within the average range. The yield and margins are also quite good. However, the lack of pre-commercialization and a signed lease is a concern. It would be more reassuring to see some pre-commitment from potential tenants. Additionally, the high LTA ratio and reliance on personal guarantors could introduce some risk. In terms of the operator's track record, they have successfully completed two projects with Baltis, totaling 135k€, and all payments have been made. This shows a good level of reliability. As for Baltis as a crowdfunding platform, they have a low rate of delays over 6 months and zero losses, which is a positive sign. To wrap it up, I would say that the Saint Germain project at Baltis has a lot of potential, but there are some elements that could pose risks. It's important to carefully consider the details and weigh the pros and cons before making an investment decision. And hey, if you're interested in signing up with Baltis, don't forget to use the bonus code "BLUERSKY" during your registration. By using the code, you can get a bonus of 50€ after your first investment. Just click on the bonus link and enter your email. Happy investing! ➡️ Bonus Link: https://objectif-renta.com/crowdfunding.php?platform=BALTIS Bonus code: BLUERSKY

Historial rates of return Baltis

Investor votes results for the project: Saint Germain

52 voters
👎21% 👍25% 🤷21% 🏳️33%
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...