The project Le Bouquet de Seebach by Upstone

Review of the project Le Bouquet de Seebach by Upstone

Review's score :

This review is proposed by Damien Cuyala on 21/03/2024

⏰ The project starts on 21/03/2024 14h00
💰 The estimated rate of return is 12% per year.
⏱ The duration of the project is 20m
💼 Minimum amount to invest is 100€

🤖 Review's summary

Project analysis: Le Bouquet de Seebach at Upstone analyzed by Damien Cuyala

The project is scheduled for March 21, 2024, at 14:00:00

Global review: Pre-sold at 53%, trust coverage at 38%, real estate promotion works.

Project overview

The project involves the acquisition of a 3,650m² plot of land in the municipality of Seebach (67) to develop a residential care facility named "Résidensemble," with a R+1+Attic structure.

Strengths and weaknesses

Strengths: High yield of 12%, above the average yield of the latest Upstone projects. Operator engagement at 26% is high. Optimistic scenario margin is 16%.
Weaknesses: High Loan to Acquisition (LTA) at 258%, very low Loan to Sale (LTS) at 16%, low pre-committed at 53% under VEFA, and concerns on the financial health of the company overseeing the operation.

Location and Market

Located in Seebach with 1,686 inhabitants and close to Strasbourg.
Quiet environment with proximity to essential amenities such as the airport, train station, schools, and hospitals.
Estimated exit price is realistic with a specific focus on new construction and services to individuals.

Overall opinion

In conclusion, the project Le Bouquet de Seebach at Upstone presents a mix of strengths and weaknesses. The high yield and optimistic scenario margin are favorable aspects, but concerns over the financial structure, low pre-sales, and potential delays pose some risks.

However, the realistic market estimation and the operator's track record of completing over four projects successfully are positive points. With a construction focus, sound location, and real estate stability in the area, the project shows potential for investors looking for a diverse portfolio.

Considering the blend of risks and opportunities, investors should conduct thorough due diligence before committing funds to ensure alignment with their risk tolerance and investment goals. Overall, Le Bouquet de Seebach appears to offer a balanced investment opportunity in the real estate sector.

Historial rates of return Upstone

Investor votes results for the project: Le Bouquet de Seebach

36 voters
👎67% 👍8% 🤷11% 🏳️14%
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.