Nearly 90,000 accommodations are listed for Paris intramural on AirBnb. Furnished accommodation only corresponds to the rental of a private room. The objective is to ensure that the owner respects the legal limit of 120 days when it comes to renting a complete accommodation as a main residence. The duration of the rental cannot exceed 120 days per year. A number must appear on your ad when you use the AirBnb platform.
The income generated is taxable and therefore it is imperative to declare it to the tax authorities. Tax obligations are an additional constraint to consider. With AirBnb, you do not need to declare a change of use, the slightest permit or request for authorization. But beware, there are still rules to follow when renting out your main residence short-term via the platform in certain cities and microcities. AirBnB has developed a control system to provide the Paris City Hall with the number of nights for each rented accommodation. AirBnb risks a fine of €12,500 in the event of the absence of registration number and €50,000 if the count of the night counts are not transmitted.
Thousands of Paris homes are still unregistered despite City regulations. The registration allows the authorities to monitor property usage, and when owners and investors break the short-term regulations. It's a simple process designed to keep things nice and easy for those who are playing by the rules. In October 2017, the authorities in Paris put this registration system in place on short-term rentals of entire houses and apartments. It was intended to keep a track on tourism accommodation that was outside of the typical hotel and bed and breakfast business models.
Owners will have to register each property individually. A compensation rule has come into effect for owners converting commercial premises to residential use. Exceptions to the Paris 120-night limit include "bail mobilité" and "temporary work assignments". Use a professional company to let your properties in Paris, such as UpperKey. Let UpperKey take care of every last, little, detail for you. We'll keep a steady flow of guests and tenants, and keep your apartment looking stunning.
An Airbnb concierge service can help you manage your property. Professionals will manage the different aspects of your accommodation. Travelers benefit from a privileged communication in order to be reassured about the future accommodation, but also to be welcomed as it should be when they arrive. If your goal is to completely unload your vacation rental on Airbnb.fr, opt for a concierge service that provides you with a complete service. It's a great way to free your mind, because you don't have to manage anything - the management will be done remotely and easily.
AirBnB concierge service acts in a similar way to a property management company that will adjust the price of a night's stay according to supply and demand. UpperKey Concierge takes care of cleaning, key delivery, contact management or maintenance.
There are limitations specifically for French Airbnb owners that will affect how much you can make. With laws limiting rental periods, it is important to select the corrrect season to rent out your property. The amount you must pay to the French government will be capped at €23,000. The first thing you need to look at is how much Airbnbs in your category are being rented for,not only in Paris but in your neighbourhood and arrondissement as well. Studying your market will allow you to do more than just compare prices.
Paris property managers can help you become a super host. They understand exactly what users want to see when they get to an Airbnb Paris property. They could even help you with setting up your property to make it more attractive. Hire a professional photographer or rent-a-host to take your photos. Successful hosts are those who are ready to go above and beyond for their guests.
They will offer additional perks such as a complimentary bottle of wine or coffee, board games, movies, video games, and more. Be flexible with check-ins so guests can get to your property when you want.
AirBnB explains everything you need to know with regard to the tax regime applicable on Airbnb. Includes taxable Airbnb income and how to report your Airbnb income based on your profile. Also explains how to maximize your profits and avoid unpleasant surprises from the FISC. The vast majority of profiles on Airbnb are those of owners with less than two properties, and not companies to the large real estate portfolio developed especially for rental on Airbnb. The French tax regime remains the same for both types of profiles, as long as the annual earnings do not exceed 23,000 euros.
Airbnb hosts are required to declare their taxable income from Airbnb rentals. Exclusions for episodic rentals concerning an entire accommodation are slightly different. Income will not be subject to any taxation and is not eligible for social security contributions as long as it does not exceed 305 euros per year. The Micro-BIC regime is the majority in France and replaces the real regime when your taxable Airbnb income exceeds 72,500 euros per year. A law still awaiting a decree proposes the obligation to go through a professional status (affiliation to the RSI) when the income of an owner renting on Airbnb is greater than 23,000 euros.
There are very specific rules in this area and it is not strictly speaking the tenant's responsibility to clean. However, the tenant will have to commit to making the house or apartment clean. Cleaning fees can be applied at the time of booking an Airbnb property. If you do the cleaning yourself, you will have to pay about 15 € per booking. If you use a concierge service, you'll be relieving yourself of all the tasks involved in renting a property.
Airbnb cleaning fees are essential to providing an excellent experience for your renters. If you estimate the base price of a night's stay to be €100, you can incorporate the cleaning fee. A guest will not see this until they have determined the check-in and check-out dates. Yet, this will have a significant influence on the final pricing.
AirBnB is one of the most popular rental sites in France, but it is not alone. Airbnb has succeeded in shaking up the seasonal rental market. But for some reason unique to you, you may not want to use the platform and so you are looking for a competing Airbnb. Booking.com is an Airbnb competitor specializing in hotel reservations. Platform is not as intuitive as on Airbnb if you want to focus on seasonal rentals.
But this is gradually changing and booking.com will learn from its mistakes. It pays 13% for a privileged referencing, compared to Airbnb's 3%. The French version of VRBO is popular for families staying a few days to a few weeks. Subscriptions remain much more profitable for long-term rental. UpperKey concierge service offers turnkey management and will take care of absolutely everything for you.
UpperKey is a French start-up that was created in 2011. Today more than 20,000 housing units are listed in France on the site. Owners can rent their properties for a year or just one night on the platform. You have no risk and no particular constraint with UpperKey. Morning Croissant is an Airbnb competitor that you must consider if you have a property to rent on French territory.
Their concierge service offers reliability and security, especially since the various administrative and technical procedures will be directly managed by a professional. Prices are very attractive compared to real estate agencies for a medium or long term rental search.
UpperKey explains the ins and outs of Airbnb rules in Paris for hosts and guests. Find out today everything you need to know before you can make your property available on the market. There are different scenarios that we will detail so that you can know everything about Airbnb legislation in Paris. The Airbnb regulations in Paris concerning a property that is not your main residence are different in the case of a secondary residence. The city of Paris is seeking to compensate for the loss of the main residence in its municipalities by "buying back" part of the value of the property.
The Airbnb platform is not only designed to rent accommodation. It is also possible to make other properties available, such as commercial premises. Once again, it will be necessary to register with the town hall of the municipality so that they can follow the changes of people in your house. It is important to declare everything you earn through the platform. You must pay social contributions if what you earn exceeds 23,000 euros per year.
If you have one or more properties that become profitable, you may also have to pay income tax. Airbnb will also tend to monitor your actions to avoid any problems.
An Airbnb concierge is a company that supports the rental management of real estate belonging to other owners. Find out what the law says about this kind of benefit, how it works and what benefits you can get. Paris has an Airbnb law aimed at all seasonal rentals in general. The majority of tenants passing through the capital often use this service because it is simple, practical and affordable. For landlords, you should go to a company specializing in rental management.
A concierge service takes care of: - The administrative procedure in accordance with the requirements of the Airbnb law. If you are looking for short-term accommodation to rent in Paris, note that on Upperkey, the opinions on Airbnb apartments are very positive. The concierge can offer a housekeeping and laundry service as well as other services according to the contracts with the owners.
AirBnB is an excellent opportunity to make ends meet or supplement your income. However, the income generated is subject to the same tax rate as income tax. It is important to make a declaration and to fill it in correctly, otherwise you will be in default of the legislation. When renting a furnished property on an Airbnb platform, it may be recognized as a classified furnished tourist property. In this case, you will have to fill in the gross receipts, without taking into account the allowance.
The amount to be declared will be included in the annual income statement provided by the Airbnb platform. If you rent out your properties on Airbnb, you will benefit from a 71% tax deduction. This is part of the micro BIC regime, provided that your income does not exceed €176,200 per year. You must use the 2042 C Pro form that you can download directly from impots.gouv.fr. A property management agency like UpperKey can handle tax declarions for you.
For example, you will get all the necessary documents for the declaration of your income. As a bonus, you are guaranteed to get your rent on time and at the right price.