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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 17
| 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 04/11/2024 12h30
💰 The estimated rate of return is 10% per year.
⏱ The duration of the project is 60m
💼 Minimum amount to invest is 10€
🤖 Review's summary
Analyzing the project "La Mûrisserie" at Bricks, scheduled for November 4, 2024, at 12:30 PM, Damien Cuyala provides a comprehensive overview. The project involves a second-ranking mortgage with 95% coverage, boasting a prime location, significant progress in construction, and an expected completion by December. The forecast indicates monthly rents of €14,000 and €23,000 from coworking spaces, with an estimated 70% occupancy rate.
La Mûrisserie is a project focusing on transforming a 1,100 m² hybrid space in Marseille's Cours Julien district. This venue will offer shared offices, a café/bar/restaurant, and exhibition spaces, catering to diverse professional and cultural needs. The building, already purchased, is undergoing renovation set to finish by December 2024, with a grand opening planned for January 2025.
✅ Yield of 10% - high but slightly below Bricks' recent projects' average of 10.37%
❗ Guarantee Type: Second-ranking mortgage
✅ Hypothecary coverage: 95% - adequate
❗ Pre-selling: 0%, no suspensive conditions
✅ Location: city with over 100k inhabitants
✅ Nearby amenities: shops, schools, universities, restaurants, hospitals, sports complexes, airport, train station, highway
✅ Realistic selling price
✅ Property prices increased by 3.4% over the past year
✅ Optimistic scenario margin: 33% - high margin
✅ Pessimistic scenario margin (+10% work costs, -10% discount, +20% work time): 23% - high margin
Property condition: Under construction
✅ Street and neighborhood in good condition
✅ No urban planning risks
✅ Operator's project history: over 10 similar operations
No outstanding financing or operator delays
✅ Construction progress: well-advanced
✅ Realistic construction duration
❗ LTA (Loan to Acquisition): 104% - high
✅ LTS (Loan to Sale): 57% - low
LTC (Loan to Construction Cost): 0%
✅ Operator's commitment: 24% - high
✅ Geopolitical situation: FRANCE
💎 BONUS: Get 1% of the invested amount using the referral code MARMEG30. Sign up here.
La Mûrisserie project at Bricks seems like an exciting venture with promising returns and a well-thought-out concept. The high yield potential, coupled with the strategic location and diverse usage possibilities, makes it a compelling investment opportunity. With the construction progress on track and no significant red flags in the analysis, this project appears to be a winning choice for investors looking for both financial rewards and cultural impact. So, jump on board, use the referral code for a bonus, and let's watch this innovative space thrive together!
28 voters
👎57% 👍11% 🤷0% 🏳️32%
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.
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