Raizers completes the 230,000 € for the 17 plots in Cuq in seven days, with eleven still uncommitted

02/11/2026 – ⏱ 2 min · By Realty Investor Editorial Team

128 investors and an average ticket of 1,797 €; the bond issue runs to May 2028, with interest paid each year

This article is for informational purposes only and does not, under any circumstances, constitute investment advice or a recommendation.

Seven days. That is how long Raizers took to raise the 230,000 € to complete "Le Clos des Moulins", a development of 17 plots in Cuq (Lot-et-Garonne), near Agen, at a pace of 23 € per minute. 128 investors took part, with an average ticket of 1,797 €.

The pace is in line with the platform's norm: in early October it placed 250,000 € in seven days to finish a home in Bolnuevo. What stands out is the ticket, well below the 2,500 € of the Carpentras closing: more investors making smaller contributions.

The borrower is AVIZ 47, the company of the developer ZINE. The 17 plots add up to 17,419 m² and are being sold at an average of 45 €/m², 784,256 € including VAT. The investors' money goes to the final works: the roads and the utility connections.

Commercially, this is the picture worth looking at. Sales began at the end of 2025 and, a year later, there is one plot sold, three with a sale commitment and two with a purchase option: eleven of the 17 still have no commitment at all. Works progress is stated at 93 %, but the only document supporting it is a certificate from the builder ESBTP dated 9 February 2026.

The operation is a bond issue: investors lend the money to the developer through the platform and get it back at the end, here on 20 May 2028, with interest paid each year. The sheet does not publish the rate, but its own coupon schedule works out at 11.5 % per year. The security is a first-ranking mortgage over the unsold plots, released as they are conveyed, plus the manager's personal guarantee.

Two figures from the opening are worth remembering. The 31 % LTV is measured against the sixteen plots not yet conveyed; against the eleven with no commitment at all, worth 513,256 €, it rises to 45 %. And the accounts: as at 30 October 2025 AVIZ 47 reported negative equity of 11,493 € and 231,287 € in shareholder current account. This is its first land subdivision.

Investing in real-estate crowdfunding carries the risk of losing part or all of the capital: the money is locked up until maturity, returns are not guaranteed and there is no deposit guarantee fund cover. Non-sophisticated investors have four calendar days to withdraw their investment offer without penalty.

Realty Investor

Your real estate crowdfunding, in one app.

Discover new opportunities. Invest through leading platforms. Manage your whole property portfolio from a single place.

The Realty Investor beta is now available. Explore the market, discover new projects and get to know the platform with simulated money, without putting in any capital.

Download the beta and start discovering a new way to manage your real estate investments.