OPERA.CENTER OF PARIS. In an old and well maintained building, on a high floor, apartment with two large bedrooms, entrance, living room opening on a balcony, equiped kitchen, bathroom, private toilets. Light, beautiful view. lift. Concierge. Transportation in the vicinity. Public car park at the...€787,500 Agency fee included 5 % tax included payable by the buyer • Net seller price = 750 000 €
EXCLU. In an old and well maintained building of the 6th, on the first floor, an apartment with a little entrance, large living room, fully equiped kitchen, large bedroom, shower room with toilets. The apartement is in very good condition, lots of closets, light. Gardienne. Shopping area very clo...€832,000 Agency fee included 4 % tax included payable by the buyer • Net seller price = 800 000 €
In one of the old streets of Paris, in an old renovated building on the 3rd floor without lift, apartment with one bedroom, shower room, independant toilet, double living, open equiped kitchen. Parquet. Light, sun. Apartment open on the street and courtyard. Shopping area, transports, schools in the...€543,000 Agency fee included 4,95 % tax included payable by the buyer • Net seller price = 518 000 €
In the center of Paris close to the Pompidou museum and the commercial center of Les Halles, apartement on the 3rd floor in an old building, with a lift. The flat has en entrance with closets, dining and living room, opening on the street, equiped kitchen, 2 bedrooms, shower room, separate toilets....€900,000 Agency fee included 5 % tax included payable by the buyer • Net seller price = 888 000 €
Close to the Place du Marché in center Neuilly, metro Sablons line 1 , apartment located in an old building on 5th floor with balcony overlooking the street. Entrance, living room with equiped kitchen opening on the salon, bedroom overlooking courtyard with a bathroom en suite, separate toilets, cel...€510,000 Agency fee included 4 % tax included payable by the buyer • Net seller price = 496 381 €
Paris 17th, next to Batignolles, lively area, shopping facilities and metro in close vicinity. In new building (2013), 3rd floor elevator one bedroom apartment with cellar and parking included in price. 8m2 balcony, very bright (south east exposal)€445,000 Agency fee included 4 % tax included payable by the buyer • Net seller price = 445 000 €
In the middle of a touristic area close to Notre Dame Cathedral, very nice studio, open on two courtyards. Are full of history from the middle age, old building very well maintained. Exquisite stair case. The apartment has a kitchen, bathroom, and living room. Good rental potential. Low charges....€350,000 Agency fee included 4 % tax included payable by the buyer • Net seller price = 375 000 €
In the 14th arrondissement close to rue Daguerre, apartment on the 5th floor with a lift. This apartement has one large bedroom with complete bathroom en suite, living room with open equiped kitchen, entrance with visitors bathroom. Cabinets. Parquet floor. Cellar. Gardienne. Quiet street, light. Cl...€472,500 Agency fee included 5 % tax included payable by the buyer • Net seller price = 450 000 €
Marché Lebon, rue du sergent Hoff, apartment on the 2nd floor with a lift. The building is in good condition. Entrance, toilets, equiped kitchen, bathroom, bedroom with large cabinets, dining room, living room. Fireplaces, moulures, parquet floor. Cellar. Very nice place, ideal for a pied à terre i...€551,200 Agency fee included 4 % tax included payable by the buyer • Net seller price = 530 000 €
You bought an apartment for its many qualities and its attractive price. However, your intention is not to live in this apartment. For example, you have anticipated for your children who in a few years will become students, or you have imagined this apartment as a lovely pied-à-terre in Paris, upon retirement.
But in the meantime, as the investor that you are, you wish to make this purchase profitable. Clearly, a rented furnished apartment is always more profitable than an empty one!
The benefits are many, but the main benefit is a financial one. Indeed, the furnished rental is financially and fiscally more interesting than an empty rental.
On a financial basis : According to the the property’s location and its furnishings and amenities, the rent of a furnished rental is generally 10% to 15% higher than that of an empty dwelling. On a fiscal basis : the income resulting from an unfurnished lease is called "Revenu Foncier", and is taxed on the basis of the “Micro-Foncier” (up to 70 000 € / year) or on the basis of the “Real scheme” (70 000 € / year and up).
The furnished rental revenues are considered "Industrial and Commercial Benefits" (in short, BIC), and they are subjected to the “Micro-BIC” regime (up to € 70,000 including charges / year) and to the “Real” regime above € 70,000 / year.
For example: In Paris, renting an unfurnished two-room apartment of 40 m² to 1,150 euros per month, brings 13,800 euros per year to the owner. The owner will have to declare the entire 13,800 euros of his property income.
Renting the same two-room furnished for a rent of 1,400 euros per month brings in 16,800 euros per year. The owner will declare only 8,400 euros in his income “BIC” (an advantage of a 50% discount).
But a furnished rental requests a bigger investment from the owner, financial and personal!
With Paris Rental’s assistance, small surfaces which are in high demand by expatriates on professional mobility in Paris, and which are the most profitable for landlords, will be immediately yield income. Contact "Home Management" to manage your Furnished Property Rental for you!