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Do you own a home that you're not taking full advantage of? Why not consider seasonal rental? If you're undecided, this article is for you! Explore with Hello Riviera Stay the various advantages of seasonal rental that you may not have thought of.
The main advantage: additional income, of course! On average, you can earn up to 10% in profitability, and that's from the very first month of rental. Pretty attractive, isn't it?
It is important to note that the rate of return generally depends on several criteria, including :
What's more, you considerably reduce the risk of unpaid rent! In most cases, tenants pay the rent before they move in. At worst, they pay on arrival, but this is rare.
With seasonal rentals, you can make the most of your purchase and save for your vacations!
If you rent year-round, your property income is added to your salary, resulting in higher taxes. On the other hand, if you opt for seasonal rental, you can obtain the status of «Loueur Meublé Professionnel» (LMP) or «Loueur Meublé non Professionnel» (LMNP).
The rents and charges received will then be taxed as Industrial and Commercial Profits (BIC) and subject to income tax.
With LMNP status, you can benefit from a 50% allowance on your revenue if your annual rental income does not exceed €23,000.
If you opt for LMP status, you can deduct your expenses and deficits from your income for 6 years.
To find out more about taxation as a seasonal renter, read this article on declaring your rental income to the tax authorities.
Owning a seasonal rental also gives you total freedom to manage your property! As the owner, you have the exclusive power to decide on the rental periods.
If you'd like to rent out your property all year round, except for a week during the summer vacations to enjoy it yourself, it's perfectly possible! All you have to do is block the dates in your reservation calendar.
This flexibility is one of the main advantages of seasonal rental.
Another significant advantage of seasonal rental is its short duration, which considerably reduces the risk of damage.
As a rule, tenants opt for short stays or vacations, spending most of their time exploring the tourist region and rarely being present in the accommodation. What's more, the deposit paid by travelers on arrival offers an additional guarantee that the premises will be respected.
What's more, if you use a concierge service, a cleaning service is provided between each rental! This ensures that your property is always clean and well-maintained! Here are a few more tips to help you manage the maintenance of your property!
An additional benefit to consider: seasonal rental offers a contribution to the development of tourism in your locality.
By renting out your property, you're also sharing the cultural and historical wealth of your region. It's an ideal opportunity to showcase your region's most remarkable attractions to your travelers!
If you entrust your accommodation to Hello Riviera Stay concierge service, forget the hassle of seasonal rental.
If you're far from your property and can't welcome your visitors, we'll take care of it for you!
If you don't have enough time to manage your ads on booking platforms, we'll take care of it for you!
When you choose our services, you're guaranteed an attractive return and management tailored to your needs. For your peace of mind, discover our short-term rental management offer.
contact@hellorivierastay.com
+33 7 83 356 355
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