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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 14
| 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 29/04/2024 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
The project scheduled for April 29, 2024, has some good guarantees in place. The building is centrally located in Lille with many amenities nearby. The operator is experienced, and there is a decent margin in case of a discount. The selling prices of the apartments seem realistic. However, there has been no pre-commercialization yet, and the operator has multiple ongoing projects.
Type: Buy-sell without renovation
Amount: €500,000 to finance
Repayment: Capital and interest in fine
It involves purchasing a mixed-use building with 3 apartments (T1 - 31 to 33 m²) and 2 commercial spaces. The goal is to sell them separately after setting up a co-ownership structure. All 5 lots are currently rented out.
Lille, with 237,000 residents, is 53 km from Arras and 120 km from Brussels.
Yield: 11.5% - high
Guarantee: First-ranking mortgage, personal guarantee with a net worth of €4.1M
Location: In the city center with various amenities nearby
Price: Realistic for apartments, optimistic for commercial spaces
Occupancy: All 5 lots are leased
Margins: High in optimistic scenario, decent in pessimistic scenario
Overall, the project seems promising with good potential returns and a reputable operator. The location and condition of the property add to its appeal. While some aspects like lack of pre-commercialization and higher pricing for commercial spaces raise caution, the project's strengths outweigh the concerns. With proper due diligence, investing in this project could lead to fruitful outcomes. Don't miss out on this opportunity to be a part of the vibrant real estate market in Lille!
68 voters
👎38% 👍15% 🤷24% 🏳️24%
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...
The votes take place in the Objectif-Renta Investors Club.
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