The project La grange d'Ange by Bricks

Review of the project La grange d'Ange 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 10

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 27/10/2024

⏰ The project starts on 30/10/2024 12h30
💰 The estimated rate of return is 10% per year.
⏱ The duration of the project is 24m
💼 Minimum amount to invest is 10€

🤖 Review's summary

Project Analysis: La grange d'Ange chez Bricks

Overview by Damien Cuyala

Project Date: October 30, 2024, 12:30:00
Global assessment: First-ranking mortgage with 76% coverage, strong operator commitment, good margin on the project, no pre-commercialization.

Project Details

Type of Project: Purchase - renovation/construction - resale
Amount to be financed: 250,000 EUR
Capital repayment: In fine. Interest: 1 month

Project Description

This project involves financing the renovation of an old barn already purchased for €191,000 with own funds. The barn is divided into two semi-detached houses: one house of 100m² and a second one of 120m².

Assessment Highlights

Rentability: 10% -> high
Guarantee Type: First-ranking mortgage
Mortgage Coverage: 76% -> correct
Pre-commercialization: None
Operator's Health: No published company accounts
Location: Town with fewer than 10,000 inhabitants
Nearby amenities: Shops, schools
Market Price: Realistic
Optimistic scenario margin: 35% -> high
Pessimistic scenario margin: 20% -> high
Property Condition: To be renovated
Street and Neighborhood Condition: Good
No urban planning risk
Project History: First operation
Outstanding Financing and Operator Delay: None
Complexity and magnitude of works: High
Realistic duration of works: Yes
Operator's Commitment: 49% -> high
Geopolitical Situation: France
LTA (Loan to Acquisition): 130% -> high
LTS (Loan to Sale): 37% -> very low
LTC (Loan to Construction Cost): 0%

My Opinion

This project seems to have a lot of positives going for it, such as a high rentability, good margins in both optimistic and pessimistic scenarios, and a strong operator commitment. Even though there are some concerns like the lack of pre-commercialization and the complexity of the works, the overall assessment looks promising. With the provided bonus offer of 1% investment with the code MARMEG30, investing in this project could be a rewarding opportunity. So, why not give it a try and sign up with the code MARMEG30?

Historial rates of return Bricks

Investor votes results for the project: La grange d'Ange

35 voters
👎49% 👍9% 🤷0% 🏳️43%
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.