The project HYERES - ILES D’OR by Tokimo

Review of the project HYERES - ILES D’OR by Tokimo

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 13

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 16/09/2024

⏰ The project starts on 18/09/2024 20h00
💰 The estimated rate of return is 12% per year.
⏱ The duration of the project is 12m
💼 Minimum amount to invest is 100€

🤖 Review's summary

Project Analysis: HYERES - ILES D’OR by Tokimo, analyzed by Grégory Vaur

The project is scheduled for September 18, 2024, at 20:00:00 with the following overall assessment: decent guarantees, well-located apartment in the city center of Hyères, reasonable listing price, rather experienced operators familiar with the area, renovations needed, no pre-marketing, low margin in case of discount.

Description

This project involves the acquisition of a 97 m² apartment with 70 m² of attic space, including 40 m² that can be converted. The goal is to carry out renovations (53k€) and then resell the apartment.

Location

Hyères is a town of approximately 54,000 inhabitants, located 19 km from Toulon and 52 km from Saint-Tropez.

✅ Yield of 12% -> very high.
✅ The yield exceeds the average yield (11.12%) of recent projects at Tokimo.
✅ Type of Guarantee: First-rank mortgage with a mortgage coverage based on the acquisition price of 82% -> Correct.
❗️ Two personal guarantees, but no information on the net worth of the guarantors.
❗ No pre-marketing.
❗ Operator's health: No balance sheet provided.
✅ Location: Apartment in the city center. Town with over 10k inhabitants.

My Opinion

Wow! This project seems like a fantastic opportunity to invest in. With a high yield, a well-located property, experienced operators, and a realistic selling price, it has all the makings of a successful venture. Although there are some areas of concern such as the low margin in case of a discount and the lack of pre-marketing, the overall outlook appears promising. The detailed analysis provided gives confidence in the project's viability. Plus, with a bonus cashback offer and a referral code to earn extra benefits, it adds a fun and rewarding element to the investment. So, grab this opportunity, dive into the project, and let's ride the wave of success together!

Historial rates of return Tokimo

Investor votes results for the project: HYERES - ILES D’OR

24 voters
👎42% 👍13% 🤷8% 🏳️38%
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...