The project Le Canigó by Immocratie

Review of the project Le Canigó by Immocratie

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 11

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 10/06/2024

⏰ The project starts on 12/06/2024 12h00
💰 The estimated rate of return is 12% per year.
⏱ The duration of the project is 12m
💼 Minimum amount to invest is 1000€

🤖 Review's summary

Project Analysis - Le Canigó by Immocratie

Overview

The project "Le Canigó" by Immocratie, analyzed by Damien Cuyala, is scheduled to take place on 12th June 2024 at 12:00:00.

Project Details

Type: Purchase - Renovation/Construction - Resale
Amount: 320,000 EUR to be financed
Capital Repayment: In fine, Interests: In fine

The operation, initiated and managed by ILC, includes:

Acquisition of 2 residential houses with a courtyard and barn on a 601 m² plot
Division of the plot
Construction of a small building with 4 apartments
Selling the 4 apartments under VEFA
Selling a small house under VIR (Future Renovation State sale)
Selling a mansion in its current state

Analysis Summary

The project has a weak coverage of fiduciary, very low operator commitment, high company debt, and significant work involved. Overall, the project is rated as average.

My Opinion

Considering the various aspects of the project, like the high yield of 12%, realistic pricing, good neighborhood condition, and low urban planning risks, "Le Canigó" by Immocratie seems like a decent opportunity for investment. However, potential investors should be cautious of the low operator commitment and the high LTA, signaling risks involved. It's advisable to conduct further research and due diligence before committing funds to this project.

Historial rates of return Immocratie

Investor votes results for the project: Le Canigó

26 voters
👎73% 👍4% 🤷0% 🏳️23%
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.