Located in the historic Saint-Paul district of Paris, the L'Écureuil operation offers a unique investment opportunity in the heart of the Marais. This real estate complex includes 3 commercial premises and 19 apartments, with plans for renovation and resale on a piecemeal basis. The project is already in progress, with marketing efforts focused on the commercial spaces and plans for the apartments to be sold post-renovation.
La Première Brique is involved in financing a portion of the renovation work, with the operation targeting a cost price of €12,426,778 and a projected turnover of €14,739,799. This is expected to generate a margin of €2,313,021, representing 16% of turnover after financing. Currently, the operation has secured pre-market commitments for 26% of turnover through promises on the main lots.
With a price per share of 1 and an estimated minimum return of 11%, the value of this property investment is €520,000. The currency symbol for this investment is €, reflecting the opportunity to be part of a lucrative real estate venture in one of the most sought-after districts in Paris.
Investors looking to capitalize on the potential of the Saint-Paul district and the Marais neighborhood can consider the L'Écureuil operation as a strategic addition to their portfolio. The combination of commercial spaces and residential units, along with the renovation and resale strategy, presents a compelling opportunity for those seeking to diversify their real estate investments in Paris.
As the project progresses and more commitments are secured, the L'Écureuil operation stands as a testament to the enduring appeal of Parisian real estate and the potential for profitable returns in this vibrant market. Explore this opportunity further to see how you can be part of this exciting venture in the heart of Paris.