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 12
| 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 Damien Cuyala on
⏰ The project starts on 13/05/2024 11h30
💰 The estimated rate of return is 12% per year.
⏱ The duration of the project is 15m
💼 Minimum amount to invest is 100€
🤖 Review's summary
The project is scheduled for May 13, 2024, at 11:30:00
Global Review: The project has a weak guarantee in GAPD, the operator is highly indebted with a ratio of 23 (too high), good operator commitment, excellent project location, no commercialization until the works are completed.
Project Type: Purchase - renovation/construction - resale
Amount to Finance: €400,000
Capital Repayment: In fine. Interests: 1 year in Fine.
Financing for a property dealer's operation involving the acquisition and renovation of a 406 m2 building with 15 apartments in Lille, France.
✅ Yield: 12% - very high
✅ Warranty Type: GAPD
✅ Guarantee Amount from Holding: €269,806
✅ Location: Lille, 13 Rue de Loos - city over 100k inhabitants, with nearby amenities like shops, schools, universities, restaurants, hospitals, sports complexes, and an airport
✅ Price: Realistic - High-end price range of €4,864/m2 for properties, €5,154/m2 in the local market
❗ Price Trend: Decreasing by 0.4% over one year
✅ Optimistic Margin: 15.6% - high
❗ Pessimistic Margin: 10% - correct
✅ Property Condition: Good
✅ Street and Neighborhood: Good
✅ Urban Planning Risks: None
✅ Operator's Commitment: 21% - high
💎 Bonus: Use Referral Code BLUERSKY during signup for a €25 bonus after the first investment. Enter your email by clicking on the Bonus Link.
➡️ Bonus Link: Bonus Link
Referral Code: BLUERSKY
The Rue de Loos project at Baltis, as analyzed by Damien Cuyala, presents a mix of positive and concerning elements. The project boasts a high yield, a good location, and realistic pricing. However, the operator's high level of debt raises red flags, along with the lack of pre-commercialization and the high loan-to-value ratios.
While the project seems promising in terms of potential returns, investors should carefully consider the risks associated with the operator's financial situation and the lack of pre-sales. It is essential to weigh the high yield against the risks before making an investment decision.
Overall, the project shows potential but requires cautious consideration due to the identified risks. Potential investors should conduct thorough due diligence and assess their risk tolerance before participating in this opportunity.
44 voters
👎70% 👍5% 🤷7% 🏳️18%
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.
The votes take place in the Objectif-Renta Investors Club.
➡️ Search for previous reviews of chez Baltis
Join the group on TelegramBy joining the club, you join a community of investors driven by the same interests and passions.
