The project Villa des Mimosas by Bricks

Review of the project Villa des Mimosas by Bricks

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 19

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 20/08/2024

⏰ The project starts on 21/08/2024 12h30
💰 The estimated rate of return is 10% per year.
⏱ The duration of the project is 12m
💼 Minimum amount to invest is 10€

🤖 Review's summary

Analysis of Villa des Mimosas Project by Bricks

Project Analysis: Villa des Mimosas by Bricks Analyzed by Damien Cuyala

Project Details

The project involves the renovation of a villa located at 65 Avenue des Mimosas, Golf Juan, Vallauris. The property, with 83.61 m² of living space on a 320 m² plot, is just 200 meters from the beaches, making it a prime location for someone seeking quality. The renovation budget is set at €120,000, covering roof refurbishment, complete interior renovation, and landscaping.

Project Assessment

The analysis highlights a few shortcomings in the project information, such as the absence of the acquisition price of the villa and undisclosed company accounts. This makes it challenging to determine the mortgage coverage accurately. However, the project anticipates a resale value of €700,000 post-renovation with a mortgage coverage of 172% but lacks margin information.

Positive Aspects

High Hypothecary Guarantee (First Rank)
Good Operator Commitment
Location in a City with Over 10k Residents
Realistic Selling Price
Property Condition is Good
Strong History of Similar Projects by the Developer
Operator's Engagement is High

Critical Points

Missing Pre-commercialization Information
No Data on Company Financials
Low Margin in Optimistic Scenario
No Information on Pessimistic Scenario

Conclusion

Overall, the Villa des Mimosas project by Bricks presents a promising opportunity for investors despite some information gaps. The attractive location, high resale value post-renovation, and strong operator commitment are significant positives. While there are areas that need improvement, such as providing more transparency on financials and scenarios, the project's fundamentals seem sound. With a little more clarity and possibly addressing the critical points mentioned, this project could be a lucrative investment choice. Don't miss out on the bonus offer and consider exploring this opportunity through the provided link!

Invest with confidence and a touch of elegance at Villa des Mimosas!

Historial rates of return Bricks

Investor votes results for the project: Villa des Mimosas

31 voters
👎55% 👍6% 🤷13% 🏳️26%
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.