The project Corneille by Koregraf

Review of the project Corneille by Koregraf

Review's score :

This review is proposed by Grégory Vaur on 20/03/2024

⏰ The project starts on 28/02/2024 10h00
💰 The estimated rate of return is 11% per year.
⏱ The duration of the project is 12m
💼 Minimum amount to invest is ?

🤖 Review's summary

Project Analysis: Corneille at Koregraf by Grégory Vaur

Project Date: 2024-02-28 10:00:00

Description:

This project involves the purchase of an old commercial space with an accompanying residence and 1 adjacent studio. The goal is to divide the entire area into 5 lots (approximately 231 m²), comprising 3 commercial lots and 2 residential lots, to be sold as raw spaces awaiting utilities.

Location:

Pessac is a city of 67,000 inhabitants located 6 km from Bordeaux and 43 km from Libourne.

Analysis:

Overall assessment: Guarantees are relatively weak, with an experienced operator who knows the sector. Pre-commercialization is decent, but there has been a decrease in the price per square meter over the past year. The prior declaration is still pending, and future buyers will need to undertake some work.

Strengths:

Rental yield of 11% - high.
Yield higher than the average yield (10.67%) of recent projects at Koregraf.

Weaknesses:

Loan to Acquisition (LTA): 129% - high.
Loan to Sale (LTS): 76% - high.
Loan to Construction Cost (LTC): 110%.
Operator commitment: 4% - low.

Conclusion:

The project at Corneille by Koregraf presents some potential risks and drawbacks such as weak guarantees, a pending declaration, and necessary future works for buyers. However, the experienced operator and the promising location could offer opportunities for a decent return on investment. It is crucial for potential investors to carefully assess the risks and consult with financial advisors before making a decision. Remember, every investment carries a level of risk, and it's essential to diversify your portfolio to mitigate potential losses. Stay informed, stay cautious, and always seek professional advice when in doubt.

Historial rates of return Koregraf

Investor votes results for the project: Corneille

25 voters
👎68% 👍8% 🤷4% 🏳️20%
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...