The project MONT-DE-MARSAN HOUGA by Lymo

Review of the project MONT-DE-MARSAN HOUGA by Lymo

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 11

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 03/09/2024

⏰ The project starts on 05/09/2024 14h00
⏱ The duration of the project is 18m
💼 Minimum amount to invest is 100€

🤖 Review's summary

Analysis of the MONT-DE-MARSAN HOUGA project at Lymo by Jordan R

The project is scheduled to take place on September 5, 2024, at 14:00:00.

Overall review: A project of purchase and resale after completion of insulation works to improve the energy performance of the apartments from G to D. It involves a first-ranking mortgage (68% coverage) with a slightly below-average selling price.

Project Type: Purchase - renovation/construction - resale

Amount to be financed: €370,000

Capital repayment: In fine. Interests: In Fine.

Project Highlights:

Location: Mont-de-Marsan (40), 2101 Av. du Houga - 40000 Mont-de-Marsan
Local Operator: Vita Nova operates on a building with 4 apartments and 2 garages, carrying out energy renovation works and selling them individually.
Guarantee Type: First-ranking mortgage, surety
Pre-Sale: None. Pre-sold at 0% with no suspensive conditions
Operator's Health: No income statement
Neighborhood: Residential area with proximity to shops, schools, and restaurants
Price per sqm: Realistic at 2,186€/m² (average price range from €1,820 to €3,641)
Optimistic Margin Scenario: 21%
Pessimistic Margin Scenario: 11%
Works Difficulty: Insulation of the building externally and energy-related works in the apartments
Construction Duration: Realistic
Engagement of the Operator: 10%

Geopolitical Situation:

13.92% delay of over 6 months at Lymo - high
0.59% of definite losses at Lymo - low

My Opinion: The MONT-DE-MARSAN HOUGA project at Lymo seems promising with a high return rate, realistic pricing, and a good location. Despite some risks and challenges, the project has a strong margin and a reputable operator. With proper due diligence and monitoring, investors could potentially benefit from this opportunity. Remember, every project comes with its own set of risks, but it's all about taking calculated chances for rewards in the future. To all investors out there, let's stay positive, research well, and make informed decisions for a brighter financial future!

Historial rates of return Lymo

Investor votes results for the project: MONT-DE-MARSAN HOUGA

39 voters
👎38% 👍8% 🤷15% 🏳️38%
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