The project Pré-cosy by Homunity

Review of the project Pré-cosy by Homunity

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 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 Damien Cuyala on 24/07/2024

⏰ The project starts on 24/07/2024 17h00
💰 The estimated rate of return is 10% per year.
⏱ The duration of the project is 12m
💼 Minimum amount to invest is 1000€

🤖 Review's summary

Analysis of the Pre-cosy project at Homunity by Damien Cuyala

The project is scheduled to take place on 24th July 2024 at 17:00:00 with an overall rating of low guarantee through surety on this project. The location is in a small village near Annecy with low commitment from the operator. The company has good financial strength and management, but there are significant promotional works, so caution is advised against delays. The operator is experienced in this type of operation. The project is pre-sold at 61%.

Project Details

Type of Project: Real estate promotion

Amount to be financed: 750,000 EUR

Repayment: In fine for capital, 1 year for interests

The "Pre-cosy" project involves the construction of a 36-unit tall residential complex with 9 lots in a solidarity lease and 72 parking spaces across 2 underground levels.

✅ 10% Return -> High
❗Lower than the average return of 10.55% for the last Homunity projects
Guarantee Type: Surety
❗Pre-selling: Reservation contract. Pre-sold at 61% with suspensive conditions: construction completion

Operator's Health

✅ Net debt / equity ratio: 0.84
❗ Net debt / assets ratio very high: 1.78

... (other details of the analysis) ...

Personal Opinion

In conclusion, while the Pre-cosy project at Homunity presents some risks and challenges such as high debt ratios and potential decrease in property prices, it also offers strengths like an experienced operator and realistic construction timelines. The bonus of free access to the Objectif-Renta investor club adds value to the investment. Overall, investors should carefully assess their risk tolerance and consider the potential returns before deciding to participate in this project.

Historial rates of return Homunity

Investor votes results for the project: Pré-cosy

37 voters
👎76% 👍3% 🤷3% 🏳️19%
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.