Property regulations in Paris
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Property regulations in Paris *
If you want to rent out your property in Paris, it's essential to comply with the regulations in force, which differ depending on the type of rental. Here is a summary of the main rules to be aware of:
Short term
Short-term lets are rentals of less than 90 consecutive days, often intended for tourists. In Paris, here are the main obligations:
Main residence: You can rent out your main residence on a short-term basis for up to 90 days a year. No specific declaration is required.
Secondary residence: If you wish to rent out a property that is not your principal residence, this is regarded as commercial use.
Declaration to the Town Hall: The property must be declared as a ‘furnished tourist accommodation’ to the Town Hall via the teleservice. You will be issued with a registration number, which you should mention in your advertisements.
Compulsory compensation: For second homes, Paris requires compensation, i.e. the owner must convert an equivalent surface area into commercial use in the same area. This rule is designed to limit the reduction in the number of properties available to residents.
Mobility lease
The mobility lease is a flexible, regulated solution for medium-term lets, specially designed for :
Students, trainees, apprentices, or people on professional mobility.
Here are the main rules for a mobility lease in Paris:
Duration: The lease must be between 1 and 10 months. It cannot be renewed or extended.
Tenant profile: Tenants must justify their situation (training, work placement, professional assignment, etc.).
Security deposit: No security deposit is required, but a Visale guarantee may be requested.
Furnished accommodation: The rented property must be furnished and meet the criteria for decent accommodation. The minimum list of furnishings is defined by decree (bed, table, crockery, etc.).
Tax simplification: income from a mobile home lease benefits from the advantageous tax regime for furnished tourist accommodation.
The mobility lease is an ideal option for owners looking for a temporary rental without the administrative constraints of a short-term rental.
Paris is a city where rental demand is at its peak, for tourists, professionals and students alike. With good management and respect for the rules, investing in short- or medium-term rentals in Paris is a winning strategy.
WHY THIS CITY
As the world's tourism capital and a major economic centre, Paris offers a particularly attractive market for short and medium-term rentals. Here are just some of the reasons why Paris is an ideal place to invest and rent:
1. Constant rental demand
International tourism: Paris welcomes over 30 million visitors every year, making it one of the most visited destinations in the world. This influx of visitors ensures strong demand for short-term rentals, particularly for tourist stays.
Professional mobility: With its many business centres, congresses and professional events, Paris attracts workers on temporary assignments. These people are often looking for furnished accommodation with a mobility lease or for medium-term stays.
Dynamic student life: The city is home to many universities and grandes écoles, attracting thousands of French and foreign students looking for temporary accommodation every year.
2. A wide range of rental opportunities
Short-term (Airbnb type): Ideal for primary or secondary residences in popular districts, short-term rentals generate high revenues, especially during tourist periods (summer, Christmas, etc.).
3. Neighbourhoods to suit all tenant profiles
Tourist areas: Le Marais, Montmartre, Saint-Germain-des-Prés and the Champs-Élysées attract visitors in search of culture and romance.
Proximity to business centres: La Défense, Bercy, or areas close to train stations (Gare de Lyon, Gare Saint-Lazare) are perfect for attracting professionals on the move.
Student areas: Areas such as the Latin Quarter and Cité Universitaire are very popular with students.
4. Attractive rental income
Paris has one of the highest average prices per night for short-term rentals in Europe, thanks to its strong appeal. On average :
Short-term rentals in central districts can yield up to 2 to 3 times more than a standard long-term rental.
Mobility leases provide a stable income while adapting to the needs of temporary tenants.
5. Year-round appeal
Unlike other seasonal tourist destinations, Paris attracts visitors all year round:
High tourist season: Summer, Christmas and New Year, and events such as Fashion Week and Roland Garros.
Intermediate seasons: With conferences, trade fairs and student events, rental demand remains strong even outside the holiday periods.
6. Clear, appropriate regulations
Although Paris imposes strict rules, they provide a framework and security for the market. For landlords who comply with these requirements (declaration to the town hall, compensation, etc.), the opportunities are immense. Mobility leases, in particular, offer considerable flexibility, without the need to convert the property into a furnished tourist accommodation.