The project La Grenade by La premiere brique

Review of the project La Grenade by La premiere brique

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 18

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 11/07/2024

⏰ The project starts on 12/07/2024 12h00
💰 The estimated rate of return is 12% per year.
⏱ The duration of the project is 14m
💼 Minimum amount to invest is 1€

🤖 Review's summary

Project Analysis: La Grenade at La premiere brique

Project Analysis: La Grenade at La premiere brique by Grégory Vaur

Overview

The project, scheduled for July 12, 2024, involves the acquisition and division of a property with a focus on resale. With a strong first mortgage covering 87% of the property, an experienced operator, and a cohesive selling price, the project shows promise.

Description

The project entails acquiring a 115m² house with land and dividing it into three saleable lots: two building plots and a house with its own land and terrace.

Location

Saint-Michel-de-Rieufret, a small town of around 850 residents located 32 km from Bordeaux, offers a convenient setting.

Analysis Highlights

Rendement of 12% is notably high.
Security with a first-rank mortgage covering 87% is adequate.
Though personal guarantee is required, the operator's net worth information is missing.

Positive Aspects

High return and moderate risks.
Realistic selling prices for the house and plots.
Operator's engagement level is high.

Concerns

Decreasing house prices in the area.
Lack of data on plot price trends.
Potential renovation needs for the house.

Conclusion

Overall, the La Grenade project at La premiere brique presents a solid investment opportunity with promising returns. The location, experienced operator, and strategic project plan all point towards a successful venture. With the right approach and attention to market dynamics, this project has the potential to yield fruitful outcomes for investors. So, if you're ready to embark on this exciting journey, seize the opportunity and invest in La Grenade today!

Join the journey with me by signing up here and use the referral code MBS for an additional 1% return on selected projects. Let's build together!

Historial rates of return La premiere brique

Investor votes results for the project: La Grenade

57 voters
👎26% 👍39% 🤷21% 🏳️14%
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...