On the 5th floor of an ancient building, bricks and stones, two bedroom apartment. Dining room, living room opening on a balcony with a view, fully equiped kitchen opening on the dining room, 2 bedrooms, one bathroom, separate toilets. Maids room, cellar.Lift Nice building, well maintained, Concierg...€1,060,000 Agency fee included 3 % tax included payable by the buyer • Net seller price = 0 €
In the midlle of the famous 7th arrondissement of Paris, apartment just like a house. Ground floor, living, study, one bedroom with bathroom en suite, family room, independant kitchen, on the first floor, three bedrooms with bathrooms. Dressings, laundry room, two entrances. garage with living auth...€1,560,000 Agency fee included 4 % tax included payable by the buyer
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!