The project Houard by Stomea

Review of the project Houard by Stomea

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 Grégory Vaur on 22/10/2024

⏰ The project starts on 23/10/2024 10h00
💰 The estimated rate of return is 11% per year.
⏱ The duration of the project is 5m
💼 Minimum amount to invest is 100€

🤖 Review's summary

Project Analysis: Houard Project at Stomea

Analysis of the Houard Project at Stomea by Grégory Vaur

Project Overview

The project involves the acquisition of a building and house for offices and residential use, with a small courtyard, all on a 613 m² plot. The goal is to sell the entire property without any renovations to a real estate developer looking to convert the asset into lofts.

Location

Dieppe is a city of around 28,000 inhabitants located 66 km north of Rouen.

Key Points

Rendement: 11% - High
Guarantee: First-rank mortgage covering 93% of the acquisition price - Correct
Precommercialisation: 100% of projected revenue pre-committed through a purchase offer - Positive
Profit Margin (Optimistic Scenario): 39% - Very high
Profit Margin (Pessimistic Scenario): 24% even with a 20% selling price discount - High

Operator and risks

The operator is experienced with 15 similar projects. However, there is a risk of project delay if the current buyer withdraws.

Opinion

Overall, the Houard project at Stomea looks promising. With a solid pre-sale commitment, high profit margins, and an experienced operator, the potential for success is evident. While there are risks associated with potential delays and significant future renovations, the project's location and the demand for property in the area bode well for a successful outcome.

For investors looking to participate, the project offers attractive cash back bonuses and a chance to be part of a potentially lucrative venture. So, why not seize this opportunity with Stomea and the Houard project? Happy investing!

Historial rates of return Stomea

Investor votes results for the project: Houard

21 voters
👎14% 👍10% 🤷19% 🏳️57%
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...