The project Atica by Raizers

Review of the project Atica 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 22

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 02/08/2024

⏰ The project starts on 06/08/2024 14h00
⏱ The duration of the project is
💼 Minimum amount to invest is 1000€

🤖 Review's summary

Project Analysis: Atica by Raizers Analyzed by Grégory Vaur

In this project, which will take place on August 6, 2024, at 14:00:00, the overall assessment is quite positive. With comprehensive guarantees, a realistic selling price, an experienced operator, and a prime seaside location, there is a lot to look forward to. Additionally, 75% of the pre-commercialized turnover adds to the project's appeal, despite there being slight deficiencies in anticipated work hazards and significant work required.

Project Overview

Type of Project: Real Estate Development

Amount to be Funded: 1,200,000 EUR

Repayment: In fine for capital, annual for interests

Detailed Description

The project entails building a residence comprising 14 apartments with verandas, parking spaces, and a ground-floor commercial space.

Location

Saint-Paul, Reunion, is a city with approximately 106,000 residents, situated 24 km from Saint-Denis and 25 km from Saint-Leu.

Key Points

Risk-adjusted return is very high.
Guarantee types include trust security with an 89% mortgage coverage, which is deemed appropriate.
Pre-commercialized to 75% of turnover.
Operator's track record: Experienced with over 1,000 housing and commercial units built on the Island.

Positive Aspects

The project boasts a higher-than-average return, realistic selling prices, a new property post-construction, and a prime location by the sea. The operator's history of successful projects adds to its credibility. Moreover, the project is pre-commercialized to a significant extent.

Opinion

Overall, the Atica project at Raizers presents a promising investment opportunity. With solid guarantees, a strong operator, and a prime location, it sets the stage for a successful venture. Investing in this project could not only yield profitable returns but also contribute to the growth of a vibrant community.

Remember, optimism is key in investment decisions, and with projects like Atica, the future looks bright!

Historial rates of return Raizers

Investor votes results for the project: Atica

34 voters
👎47% 👍12% 🤷15% 🏳️26%
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...