The project Espérandieu by Fundimmo

Review of the project Espérandieu by Fundimmo

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 21

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 24/07/2024

⏰ The project starts on 16/07/2024 14h00
💰 The estimated rate of return is 11.5% per year.
⏱ The duration of the project is 18m
💼 Minimum amount to invest is 1000€

🤖 Review's summary

Project Analysis: Espérandieu at Fundimmo by Jordan R

Jordan R analyzed the Espérandieu project at Fundimmo, scheduled for July 16, 2024, with a global rating of Operation Merchant of goods aimed at generating property deficit for buyers.

Project Overview

The project involves the acquisition of a real estate complex to resell retail under the property deficit scheme in Marseille (13).

Key Points

Good Guarantees: 100% trust of the project-carrying company's shares and a GAPD on another healthy company.
Low Operation Margin: 3.4% (but 11% when factoring in company fees).
Positive Note: The operator repaid 6 projects on Fundimmo.

Overview of the Project Details

Type of Project: Purchase - Renovation/Construction - Resale
Amount to Finance: €3,400,000
Capital Repayment: In fine
Interest: Not specified

The project consists of two phases: acquisition of the real estate complex and sale of lots in Phase 1, and renovation works in Phase 2 by an ASL (Free Syndical Association).

Project Highlights

High Yield: 11.5%
Above Average Yield compared to Fundimmo's recent projects
Guarantees: Trust, GAPD
Strong Mortgage Coverage: 100%

Project Considerations

Optimistic Price: €2,672/m² without works, €7,367/m² with works
Difficult Work: High

Operator Engagement

Operator's Commitment: 15%
Operator's Track Record: Over 10 similar operations

Geopolitical Situation

Low Delays and Losses at Fundimmo

Conclusion

The Espérandieu project at Fundimmo presents great potential with strong guarantees, a high yield, and a committed operator. While the project margin may be low, the optimistic pricing and operator's track record paint a promising picture. With the geopolitical situation also favorable, this project seems like an exciting opportunity for investors looking for a sound investment with growth potential. Don't miss out on this unique chance to be part of a thriving real estate venture!

Historial rates of return Fundimmo

Investor votes results for the project: Espérandieu

28 voters
👎57% 👍0% 🤷0% 🏳️43%
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