The project Lyon Cordeliers by Baltis

Review of the project Lyon Cordeliers by Baltis

Review's score :

This review is proposed by Damien Cuyala on 25/01/2024

⏰ The project starts on 31/01/2024 14h30
💰 The estimated rate of return is 11.5% per year.
⏱ The duration of the project is 12m
💼 Minimum amount to invest is 100€

🤖 Review's summary

Analysis of the Lyon Cordeliers project at Baltis by Damien Cuyala

The Lyon Cordeliers project is an investment project involving the purchase, renovation/construction, and resale of an office space located at 27 rue Ferrandière in Lyon. The project aims to position the asset in the high-end market.

✅ Strengths:

High yield of 11.5%, which is above the average yield of previous projects at Baltis (10.91%).
Good location in Lyon, with proximity to the business district.
Realistic estimated selling price, advised by the luxury real estate specialist Knight Frank.
High profit margin in both optimistic and pessimistic scenarios.
Good condition of the property, street, and neighborhood.
No urban development risks.
Proven track record of successful projects by the operator.
No outstanding financing and no delays from the operator.

❗️ Weaknesses:

High Loan to Acquisition (LTA) and Loan to Sale (LTS) ratios, indicating a considerable amount of debt.
High Loan to Construction Cost (LTC) ratio.
Low operator's commitment of 0%.
Poor financial health of the companies involved in the project, with high debt to equity ratios.
No pre-commercialization, raising questions about the affiliated company's involvement.
Significant renovation works pose a difficulty.

Overall Opinion:

Despite the weaknesses mentioned, the Lyon Cordeliers project shows promising strengths, such as a high yield, good location, realistic estimated selling price, and a proven track record of successful projects by the operator. The property is in good condition, and the street and neighborhood also have a positive outlook.

Investing in this project offers a chance to earn a good profit with the potential for an elevated yield. However, it is essential to consider the high debt levels and lack of pre-commercialization, which may indicate some level of risk. It is recommended to thoroughly assess these risks and make an informed decision before investing.

Overall, Lyon Cordeliers at Baltis presents an exciting opportunity for investment with potential rewards, but investors should carefully evaluate the risks involved.

Historial rates of return Baltis

Investor votes results for the project: Lyon Cordeliers

42 voters
👎55% 👍14% 🤷10% 🏳️21%
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.