The project Sainte-Marie by Raizers

Review of the project Sainte-Marie by Raizers

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 Hélène Mayet on 25/07/2024

⏰ The project starts on 26/07/2024 10h00
⏱ The duration of the project is
💼 Minimum amount to invest is 1000€

🤖 Review's summary

Analysis of Project Sainte-Marie at Raizers

Analysis of Project Sainte-Marie at Raizers reviewed by Hélène Mayet

Project Details

Type of Project: Purchase - renovation/construction - resale

Amount to be Financed: 1,700,000 EUR

Repayment: Capital in fine, interest in fine, 1-year term

Description: Purchase and resale after renovation of a house located on the Ile de Ré

Analysis Summary

The project presents a good margin and a prime location, but there are concerns regarding the commercialization and the warranty provided to investors. The lack of pre-commercialization and low coverage of the guarantee raise uncertainties.

Pros and Cons

✅ High Yield
❗ Low mortgage coverage (53%)
❗ Pre-commercialization: none
❗ Location: town with less than 10k inhabitants
✅ Nearby amenities
❗ Optimistic exit price
❗ Decreasing property prices
✅ High margin in optimistic scenario (28%)
✅ Realistic construction timeline

Operator and Financial Aspects

✅ Operator's financial ratios are acceptable
✅ No outstanding financing
❗ Complex construction works
✅ Realistic construction duration and commitments
❗ Geopolitical uncertainty in France

Final Thoughts

Considering the high uncertainty surrounding commercialization, guarantee coverage, and the current real estate market, I would recommend caution when investing in the Sainte-Marie project at Raizers. It might be wise to seek more stable investment opportunities with clearer prospects.

Bonus

Enter Referral Code MBS upon registration on Raizers and receive a bonus of up to 100€ after your first and second investments. Use this link to sign up.

Historial rates of return Raizers

Investor votes results for the project: Sainte-Marie

29 voters
👎55% 👍14% 🤷3% 🏳️28%
To vote :

Hélène Mayet
My name is Hélène Mayet, I am an HR Assistant, I also have a self-employed English course business at home. My investments started in 2020 with shares on the stock market. Little by little I became interested in ETFs, particularly on the S&P500 and in real estate. While researching real estate and its opportunities, I discovered Crowdfunding in which I began to invest in 2022. I mainly invest in La Première Brique and Upstone.