Access
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 6
| 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
⏰ The project starts on 04/09/2024 12h30
💰 The estimated rate of return is 9% per year.
⏱ The duration of the project is 36m
💼 Minimum amount to invest is 10€
🤖 Review's summary
The project is set to take place on September 4, 2024, at 12:30:00. Overall assessment: Low mortgage coverage, very specific niche market appeal, no resale strategy in short-term operation. Average project.
Type of project: Purchase - renovation/construction - resale
Amount to finance: €137,000
Repayment: In fine for capital, 1 month for interests
This project involves renovating a 58 m² vaulted cellar located in the charming village of Gignac, transforming it into an exclusive accommodation space for short-term rental. Combining historical charm and modern comfort, this Love Room X stands out for its high-end facilities such as balneotherapy, a personal sauna, and a secret room offering a unique intimate experience. The aim is to capitalize on the growing attraction of unusual and luxurious accommodations, ideal for couples, travelers, and pilgrims. Renovation works are scheduled for one month, with an opening planned for early October 2024.
✅ Return rate: 9% -> decent
❗ Mortgage coverage: 63% -> low
❗ Precommercialization: none. Precommercialised at 0% with no suspensive conditions
Operator's health: No published company account
❗ Location: town with fewer than 10k inhabitants
✅ Nearby: shops, schools
✅ Sale price: realistic
✅ Prices have increased by 7% over 1 year
❗ Optimistic scenario margin: 0% -> low margin (no property resale, short-term rental operation)
❗ Pessimistic scenario margin (+10% work amount, -10% discount, +20% work time): 0% -> decent margin
Property condition: Good
Street and neighborhood condition: Good
✅ No urban planning risk
Risk of overvaluation:
❗ Project holder's history: first operation
Financing outstanding and operator's delay: None
Work difficulty: None
Realistic work duration: No
❗ LTA (Loan to Acquisition): 161% -> high
✅ LTS (Loan to Sale): 0% -> very low (no resale strategy)
LTC (Loan to Construction Cost): 0%
❗ Operator's commitment: 9% -> low
Geopolitical situation: FRANCE
❗ More than 6 months delay: data not recorded -> refer to Bricks' website
❗ Definitive loss for the platform: data not available -> refer to the platform's website
1% of the invested amount with the referral code MARMEG30
➡️ Link: Sign up with MARMEG30
40 voters
👎65% 👍3% 🤷10% 🏳️23%
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.
The votes take place in the Objectif-Renta Investors Club.
➡️ Search for previous reviews of chez Bricks
Join the group on TelegramBy joining the club, you join a community of investors driven by the same interests and passions.
