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Monego: a differentiating real estate investment that responds to the current market context

To allow you to invest in real estate from 100 euros and aim for attractive returns, the Monego platform offers secure fractional real estate offers and real estate crowdfunding. Its CEO, Yann Balthazard, tells us more.

What experience does Monego have?

Monego is a crowdfunding platform that allows savers to generate additional income through real estate, without the disadvantages associated with this asset class.

We focus on our experience in contracting real estate projects and our mastery of legal provisions, to be agile and adapt our offer to the market context.

This added value is intangible during periods of market euphoria, but when the context becomes more difficult, it reveals all its benefits. Thus, Monego reimbursed more than 7 million euros during the summer and is one of the few platforms that has been able to maintain a ratio “reimbursed projects over financed projects” of more than 50% despite the current crisis.

Have you reached a milestone with your historic real estate crowdfunding offering?

Real estate crowdfunding consists of co-financing real estate projects with a real estate operator. We have already financed more than 247 files with our community and today we are the only ones in our independent category that have reimbursed more than 50% of the files financed, providing our investors with an average annual return of 9.65%. .

We have surpassed the symbolic threshold of 100 million euros raised on this issue. There are a dozen platforms that have passed this milestone, of which only three are independent.

Real estate crowdfunding aims to obtain high profitability (between 10 and 12%) in short terms (12 and 36 months), but exposes investors to the risks of bankruptcy of the real estate operator. The refund is paid ultimately at the end of the project.

This summer, you launched a second offering, fractional real estate?

Fractional real estate allows investors to finance the acquisition of real estate that will be rented and resold in the medium term, in order to capture rentals during the holding period and a capital gain at the time of resale. This gives access to an attractive profitability (6 to 8%) over a slightly longer period (3 and 5 years), with the payment of a quarterly coupon and, above all, a much lower level of risk than with standard real estate crowdfunding. .

In terms of risk, Monego eliminates the risk of issuer default, which is today the main risk in crowdfunding, by adapting a guarantee that we are the only ones who systematically use: the security trust. It is the strongest guarantee under French law and the only guarantee that is enforceable and enforceable, which very significantly reduces the risk of capital loss for investors. Establishing this guarantee is complex and expensive, which explains lower profitability than the competition, which offers different solutions.

In a context of stricter taxation, the SCPI crisis, difficulties in accessing credit for households, a fall in official rates and, therefore, a fall in the profitability of risk-free investments, fractional real estate savings is a solution that seems respond perfectly to needs. of the market.

Do these offers constitute suitable opportunities in the current context?

Investing in short maturities is more interesting in these periods of uncertainty. But another advantage of Monego’s offerings is being able to pool risk. To buy a home you need a significant deposit, and there are notary and intermediary fees. You invest in a single asset, which is not liquid: if you try to resell it the next day, you risk making losses.

With our offers, each investor is free to invest the banknote that best suits them – from €100 – in the files they choose, and thus create their own portfolio.

Our offers are eligible for the PEA-PME which reduces taxes by almost 50% and the subscribed bonds (financial securities) are outside the scope of the IFI.

This content was produced in partnership with SCRIBEO. The BFM Business editorial team was not involved in the production of this content.

Author: In collaboration with SCRIBEO
Source: BFM TV

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