The project Tissot - Terrain Nimes by Bricks

Review of the project Tissot - Terrain Nimes by Bricks

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 15

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 Jordan R on 09/07/2024

⏰ The project starts on 11/07/2024 19h30
💰 The estimated rate of return is 10% per year.
⏱ The duration of the project is 12m
💼 Minimum amount to invest is 10€

🤖 Review's summary

Project Analysis: Tissot - Terrain Nimes chez Bricks

Project Overview

The project involves the purchase and resale of a land in Nîmes with a first-ranking mortgage (80% coverage). The operation offers a very high margin of 43% with 100% presold to an offer from a real estate developer. The only point of attention is the lack of information on suspensive conditions.

Project Details

Type of Project: Purchase - resale without work
Amount to be Financed: 398,000 EUR
Capital Repayment: In fine | Interests: 1 month

Property Information

The land, located at 590 Chemin du Pont des Îles in Nîmes, was acquired for 320,000 € with a firm purchase offer of 700,000 € validated by a reputable real estate developer, verified by Bricks platform.

Analysis Highlights

Rendement: 10% (High)
Guarantee: First-ranking mortgage, suretyship
Coverage: 80% (Correct)
Pre-sale: Offer | 100% pre-sold with suspensive conditions: other
Location: Nîmes - city over 10k inhabitants, near amenities
Property Condition: Building land
Risk Assessment: No urban planning risk, history of successful projects
Work Complexity: None
Margin in Optimistic Scenario: 43% (High)
Margin in Pessimistic Scenario: 37% (High)

Personal Opinion

This project seems like a fantastic opportunity with high profitability and solid pre-sales. Despite some minor concerns, the overall potential for profit and the quality of the location make it a promising investment. Plus, who doesn't love a good real estate adventure in the charming city of Nîmes? 🏘️ Invest wisely and enjoy the journey!

Special Bonus

Get 1% of the invested amount using the code MARMEG30. Sign up here!

Historial rates of return Bricks

Investor votes results for the project: Tissot - Terrain Nimes

45 voters
👎51% 👍18% 🤷2% 🏳️29%
To vote :

Jordan R
Jordan, 35 years old, electronics engineer by training. I currently live from my passions as a ski instructor and canyon guide. Investor in the stock market (stock/ETF), physical real estate and more recently in real estate crowdfunding since 2020. I mainly invest on the platforms: ClubFunding, Lapremierbrique and Upstone. My crowdfunding portfolio is over 100k