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 9
| 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 13/06/2024 17h00
💰 The estimated rate of return is 11% per year.
⏱ The duration of the project is 18m
💼 Minimum amount to invest is 1000€
🤖 Review's summary
Horizon project at Homunity, scheduled for 2024-06-13 17:00:00, presents a mix of strengths and weaknesses. While the guarantees may be weak and construction works significant, the experienced operator and pre-commercialization efforts provide some balance. However, caution is advised due to the slim margin in case of price reductions or unexpected construction costs.
The project involves refinancing a portion of the equity required by the bank to construct a 3-storey building with 39 residential units and parking spaces in Montévrain, a town with 14,000 residents. The construction has started in July 2023 and is expected to reach completion by December 2024.
Montévrain, 8 km from Disneyland Paris and 37 km from Paris, provides a convenient setting for the project. With amenities like supermarkets, restaurants, and pharmacies within 2 km, the location adds value to the investment.
The project offers a high yield of 11%, above the average of previous Homunity projects. Guarantees include solidary surety, completion financial guarantee, and a pre-commercialization rate of 44%. The realistic selling price and the experience of the developer are positive factors. However, potential risks lie in the high construction costs, decreasing apartment prices, and a slim margin in pessimistic scenarios.
Overall, the Horizon project at Homunity presents a promising investment opportunity with its high yield and well-located property. While some risks exist, the reputable developer and pre-commercialization efforts mitigate uncertainties. The bonus of free access to the Objectif-Renta investor club adds extra value to the investment. Considering the factors at play, this project could be a worthwhile venture for investors looking for a potentially high return.
Have a look at the Homunity's Horizon Project for more details.
30 voters
👎67% 👍3% 🤷7% 🏳️23%
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.
➡️ Search for previous reviews of chez Homunity
Join the group on TelegramBy joining the club, you join a community of investors driven by the same interests and passions.
