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 advantages of seasonal rental
High profitability
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 :
- Location (very touristy, near the sea, close to town, etc.).
- The condition of the home, whether new, renovated, old, etc.
- Nightly rate
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!
An attractive tax system
In case of annual rental, your rental income is added to your salary, which results in an increase in your taxes. On the other hand, if you opt for seasonal rental, you can obtain the status of Professional Furnished Landlord (LMP) or Non-Professional Furnished Landlord (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 âŹ23,000.
If you opt for LMP status, you can deduct your expenses and deficits from your income for 6 years.
To learn more about taxation as a seasonal rental owner, see this article about declaring your rental income to the tax office.
A great advantage
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.
Limits damage
Another notable advantage of seasonal rental lies in its short duration, which significantly reduces 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.
Furthermore, if you use a concierge service, cleaning is provided between each rental! This guarantees a home that is always clean and well-maintained! Here are a few additional tips for good maintenance management of your property !
Seasonal rentals: Developing your region
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!
The keys to a successful vacation rental
These benefits do not just happen by themselves. For a seasonal rental to deliver on its promises, five points make the difference.
- A polished advertisement professional photos, a precise description of the amenities and the neighborhood. Our article on the Airbnb photos explain what triggers the click.
- An unforgettable experience a welcome message, recommended addresses in the neighborhood, a guide for your tenants.
- Responsiveness respond quickly to requests, before and during the stay, and clearly display house rules and check-in times.
- Immaculate cleanliness : hotel-quality linens and cleaning inspected between each stay. This is the first thing travelers notice, as our article on Hygiene and Cleaning.
- Prices that follow demand : adjust prices according to the season and local events. Our tips for increase your rental income detail the method.
What about the downside?
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.
OUR SERVICE
Complete management
Advertisements, travelers, cleaning, and accommodation managed: Serenity package at 20 % excl. VAT, Comfort at 23 % excl. VAT.
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