Access
To assign the grades A and E, we use a Bonus/Malus system.
⚠️ Some criteria may be missing in the detailed list below.
⚠️ The scoring model is not suitable for all types of projects.
The total points for this project is 13
| Criteria | Points |
|---|---|
| mortgage coverage | 🟩🟩🟩🟩🟩 |
| optimistic scenario margin | ∅ |
| pre-commercialization | ∅ |
| track record | 🟩🟩 |
| location | 🟩🟩 |
| in the vicinity | 🟩 |
| yield | 🟥 |
| LTA | 🟩 |
| LTS | 🟩 |
| operator commitment | ∅ |
| sales price | 🟩 |
| permanent loss | 🟩 |
| late projects | 🟩 |
| price trend | 🟥 |
| urban planning risk | ∅ |
| debt to equity | ∅ |
| debt to asset | ∅ |
This review is proposed by Grégory Vaur on
⏰ The project starts on 12/04/2024 11h30
💰 The estimated rate of return is 6% per year.
⏱ The duration of the project is 84m
💼 Minimum amount to invest is 100€
🤖 Review's summary
Project scheduled for April 12, 2024 at 11:30:00
This project involves the acquisition of a commercial space in Lille, primarily leased to a restaurant specializing in unique, homemade sandwiches with quality ingredients.
The commercial space is located near the heart of Lille, a city with a population of 238,000, known for its proximity to various higher education institutions. The space comprises 34m² on the ground floor and 33m² in the basement, with a lease signed for 3/6/9 years starting in July 2023. The acquisition price of €180,000 is below the estimated price by capitalization, making it a good investment.
The restaurant is in excellent condition, with recent interior renovations and no major upcoming work. The location is strategic, with nearby amenities and public transport. The tenant, although a first-time restaurateur, has received high ratings for their sandwiches, and plans to open a second restaurant in Lille. The platform, Baltis, has low rates of long-term delays and no permanent losses, providing a sense of security for investors.
Despite the positive aspects, the project does face some challenges. The rental yield of 6% is below average, but expected due to the nature of fractional real estate investments. Additionally, the presence of many restaurants nearby may pose competition. The lack of extensive financial information on the tenant's stability and the recent establishment of the restaurant are also considerations to keep in mind.
Overall, the Lille Vauban project at Baltis presents a solid investment opportunity with good guarantees, a reasonable acquisition price, and a cohesive rental agreement. While there are challenges, the project's strengths outweigh the risks. With optimism, strategic thinking, and a belief in the tenant's potential success, this project could offer long-term returns and contribute to the vibrant culinary scene in Lille. So why wait? Seize the opportunity and invest in a flavorful future!
53 voters
👎47% 👍26% 🤷8% 🏳️19%
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...
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