The project Elena by Homunity

Review of the project Elena by Homunity

Review's score :

Score details

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 28/05/2024

⏰ The project starts on 29/05/2024 10h00
💰 The estimated rate of return is 10% per year.
⏱ The duration of the project is 12m
💼 Minimum amount to invest is 1000€

🤖 Review's summary

Analysis of Project Elena at Homunity

Analysis of Project Elena at Homunity by Damien Cuyala

Project Details

The project is a real estate development with a total cost of 675,000 EUR. It involves the construction of 4 buildings with 34 residential units and 41 underground parking spaces in Nice (06).

Evaluation Summary

The project has mixed indicators. While it boasts a good commercialization rate, excellent location, and an experienced operator with a track record of successful repayments, the guarantee through collateral is weak. The project's return rate of 10% is considered high, although slightly below the average of previous Homunity projects.

Key Points

Risk of the project: Cautionary due to weak collateral guarantee
Pre-sale percentage: 82% pre-sold with conditions pending completion
Location: Favorable in a city with significant amenities and infrastructure
Realistic selling price: Positive at 1.3% increase over the last year
Operator's commitment and experience: Operator's history includes successful repayment of 2 crowdfunded projects

Overall Opinion

Considering the strong points like a good location, experienced operator, and promising commercialization level, the project shows potential for success. However, the weak guarantee and slightly lower than average return rate pose some concerns. Investors should weigh the pros and cons carefully before committing to this opportunity.

One year of free access to the Objectif-Renta investor club is an added bonus for potential investors.

If you are interested in learning more or investing, you can find more information here.

Historial rates of return Homunity

Investor votes results for the project: Elena

25 voters
👎72% 👍0% 🤷4% 🏳️24%
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.