Analyse immobilière : Les défis du projet de reconversion de l’ancien couvent des Ursulines à La Rochelle
🏠 The Ursulines convent in La Rochelle, a 4,000 square meter historical building, is undergoing a transformation into social housing by Habitat et Humanisme. Approved in 2018 after two years of planning, the project's budget soared from €9 million to €12 million (+33%) due to Covid-19, post-Covid inflation, and the Ukraine conflict. Two options are considered: immediate start, risking €1.2-1.5 million in cultural subsidies, or delaying until 2027, facing increased costs and social housing needs. This highlights the need for risk analysis in heritage rehabilitation and real estate valuation.
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