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 23
| 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 28/05/2024 10h00
💰 The estimated rate of return is 11% per year.
⏱ The duration of the project is 12m
💼 Minimum amount to invest is 1000€
🤖 Review's summary
The project is scheduled to take place on 2024-05-28 10:00:00 with an overall rating of 5%. It comes with good guarantees, a VEFA promotional operation in a ski resort with 2 coherent exit strategies, a rather realistic exit price, 13 out of 14 lots already sold and finalized, an experienced operator, significant promotional work, and slightly low predicted construction hazards.
It involves refinancing a part of the operator's equity following a VEFA real estate promotion operation, including the construction of 14 apartments (ranging from 42 to 89 m²). The funds will be used by the operator to acquire another plot for a future project. As of now, construction is ongoing, with 13 out of 14 lots already sold and finalized. There are 2 exit strategies: selling the last T4 apartment of 89 m² with an 8 m² terrace, or completing the works on the 13 lots already sold (with enough margin to repay the loan by the end of planned developments in April 2025).
Les Carroz d’Arâches is a ski resort with 29 slopes situated at 1200m altitude, accommodating up to 30,000 people. It is located 58 km from Geneva (via A40 highway) and an hour's drive from Annecy (via A410 highway).
The Summit project at Wevest presents a promising opportunity with solid guarantees, high potential returns, and a realistic exit price. With most of the lots already sold, an experienced operator, and a desirable location close to ski amenities, the project seems well-positioned for success. The various exit strategies and the developer's track record add further confidence to the investment. Despite some minor areas of improvement noted in the analysis, such as the provision for construction risks and the lack of current financial statements from the operating company, the overall outlook for The Summit project appears positive. Therefore, investors could consider this opportunity as a potentially lucrative and exciting investment in the real estate market.
42 voters
👎48% 👍19% 🤷2% 🏳️31%
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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