The project Saint-Gènes by Koregraf

Review of the project Saint-Gènes by Koregraf

Review's score :

This review is proposed by Grégory Vaur on 10/03/2024

⏰ The project starts on 12/03/2024 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: Saint-Gènes by Koregraf

Project Analysis of Saint-Gènes by Koregraf

Let's dive into the details of this intriguing project analyzed by Grégory Vaur at Koregraf.

Project Overview

The project involves the purchase of a building with a commercial space, three apartments, and a garage. The plan is to carry out small renovation works and sell the units individually after setting up a condominium.

Location

Situated in Bordeaux, a city of 256,000 inhabitants, just a short distance from Libourne and Arcachon via the A63 highway.

Analysis

✅ The project boasts an impressive 11% yield, higher than the average yield of past projects at Koregraf. However, there are some concerns such as high LTA and LTS percentages.

❗ While the engagement of the operator is low, there are guarantees in place with personal cautions and property assets covering the loan. Work is needed on the second-hand items for future buyers.

Price Estimates

The estimated selling prices for the commercial space and apartments seem realistic, with a good margin in the optimistic scenario. However, caution is advised with a 10% discount in the pessimistic scenario.

Opinion on the Project

Overall, the Saint-Gènes project at Koregraf presents an interesting opportunity with a high yield, realistic selling prices, and an experienced operator. While there are some weaknesses in terms of guarantees and the need for additional work by buyers, the project shows promise. It's essential for potential investors to weigh the pros and cons carefully before making a decision.

Remember, investing in real estate projects involves risks, but with thorough analysis and prudent decision-making, it can lead to rewarding outcomes. Stay informed, stay curious, and happy investing!

Historial rates of return Koregraf

Investor votes results for the project: Saint-Gènes

32 voters
👎63% 👍0% 🤷3% 🏳️34%
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...