The rental market in Paris offers a wide range of options for landlords seeking a return on their investment. The choice of rental type will depend on several factors, such as the profile of the tenants, the level of involvement desired in the management of the property, and the long-term financial objective. Below are the most common types of rentals:
Unfurnished rental.
This type of lease, for 3 years renewable, is ideal for tenants seeking long-term stability, such as families or professionals. It offers stable income and lower tenant turnover, but is subject to restrictions on rent increases and can be complicated to repossess.
Furnished rental
The lease is for 1 year, renewable, which allows more flexibility to adjust the rent and more tenant turnover, such as students or expatriates. It requires more management due to the furnishings and higher turnover, but offers a more favorable tax regime.
Mobility contract rental
This is a temporary contract, from 1 to 10 months, designed for students or professionals on assignment. It offers flexibility and higher rents compared to traditional rentals, but involves high turnover and is limited to certain types of tenants.
Vacation rentals
Highly profitable in tourist areas, but requires a specific license and increased management due to high tenant turnover. Prices can be seasonally adjusted to maximize income, although it is subject to strict local regulations.
Choice of rental type
The choice will depend on the owner’s objectives: long-term stability with less management for unfurnished rentals, or greater flexibility and profitability for furnished or vacation rentals, albeit with more administrative effort.