Platform Review

La Première Brique Review 2026: Our Independent Analysis

CrowdPickr · 2026-05 · 10 min read

La Première Brique has established itself in five years as one of the most active real estate crowdfunding platforms in France. Its one-euro minimum ticket, a first on the French market when it launched in 2019, allowed it to reach a broader investor base than competitors and finance a project volume that exceeds one hundred per year. Is that enough to make it a good platform? Not necessarily. Volume and quality do not always go hand in hand.

This is our independent analysis, updated for 2026. CrowdPickr receives no compensation from La Première Brique.

18.5
/ 25 — Quality score
La Première Brique
Trustpilot : 4.4/5
Delay rate: 10.1%
↗ View platform page
A1 — Regulation & licence
8.0/8
A2 — Track record & performance
4.5/6
A3 — Selection rigor
2.0/4
A4 — Financial health
3.0/4
A5 — Investor protection
1.0/3
Score computed by CrowdPickr on 5 independent criteria. See methodology.

Background and history

La Première Brique was founded in 2019 by Marion Blanc and Simon Erna. Their initial bet was to drastically lower the entry barrier to real estate crowdfunding, then dominated by €1,000 minimum tickets. The one-euro ticket caused a sensation and allowed the platform to grow rapidly, particularly among younger investors discovering crowdlending.

In 2023, La Première Brique obtained its PSFP authorisation from the AMF. It operates under this status since then, allowing it to offer its projects to all European investors. The platform focuses exclusively on real estate crowdfunding, no equity, no renewables, no SME. This specialisation concentrates its analysis and monitoring resources on a single segment.

CrowdPickr quality score

DimensionScore /5Comment
A1, Regulation5/5Current PSFP AMF licence, verified compliance
A2, Track record3/5Only 5 years' existence, but statistics published honestly
A3, Project selection3/5High project volume, rigour of selection is harder to maintain
A4, Financial health4/5Confirmed profitability, correctly capitalised structure
A5, Investor protection4/5Track record transparency, monthly reporting, proactive communication

See the full La Première Brique profile on CrowdPickr.

The project offering

La Première Brique primarily finances two types of operations:

  • Residential development: construction of new housing (individual houses, small apartment buildings, managed residences). This is the core offering.
  • Property dealer operations: acquisition, renovation and resale of existing properties. These operations are shorter (6 to 18 months) but sometimes harder to assess.

The average advertised return is between 10 and 12% per year, with durations generally between 12 and 24 months.

The track record: commendable transparency, mixed results

La Première Brique publishes its repayment statistics monthly on its website, a practice one would wish to see generalised across the sector. The data is presented legibly: number of projects repaid, on-time repayment rate, projects in delay, projects in recovery.

Analysis of these statistics shows a nuanced reality:

  • The on-time repayment rate is around the market average for residential (approximately 70-75% of projects repaid within contractual deadlines).
  • Delays of 3 to 6 months are frequent, a structural phenomenon in real estate development, especially since 2022.
  • Permanent losses remain limited in absolute terms, but proportionally to a high project volume, they add up.
A notable strength: Unlike some platforms that bury negative information in vague communications, La Première Brique clearly indicates the status of each project in its statistics. This is behaviour we reward in our evaluation.

The volume question: advantage or risk?

Financing 100 projects per year raises a legitimate question: can selection rigour be maintained at this pace? This is the main concern we identify for La Première Brique.

By comparison, Anaxago finances around 30 to 40 projects per year. The difference is not only in minimum tickets but in the depth of analysis possible per file. With 100 projects to process, nearly two per week, internal due diligence is necessarily different.

This does not mean La Première Brique's projects are poor. Many are solid. But investors must understand that the platform plays on volume and diversification, and must apply their own analysis on each project rather than entirely delegating to the platform.

For which investor?

  • The beginner discovering real estate crowdfunding without tying up significant capital. The low minimum allows starting with €100 to €500 spread across several projects.
  • The intermediate investor seeking to multiply tickets for diversification. With €10,000 spread across 30 projects at €300 each, La Première Brique offers granularity few other platforms allow.
  • The active investor who appreciates offer frequency and wants to self-select from a broad catalogue of projects each week.

Our verdict

La Première Brique is a good platform, honest, transparent and useful one. Its low minimum ticket, operation frequency and track record transparency make it a valuable diversification tool, particularly for investors with moderate capital.

The main limitation is volume: financing 100 projects per year implies different selection rigour from a platform financing 30. Investors must compensate by applying their own analysis and not relying solely on the platform's pre-selection.

To start or to diversify on fractional residential real estate tickets: La Première Brique deserves a place in your allocation. For premium projects or complex structures: look elsewhere.

See the La Première Brique profile on CrowdPickr and projects currently open for subscription.

Independent analysis. CrowdPickr receives no compensation from La Première Brique. Updated: May 2026. All investment carries risk of capital loss.

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