What are the conditions, characteristics and advantages for the lessor and the tenant for renting a property for the year in furnished accommodation?
Conditions for renting a furnished apartment
For the prospective tenant, the rules are the same as those he would face when looking for empty rented accommodation. It should, however, be specified that the rent of a furnished accommodation is on average 15 to 30% more expensive than that of an empty rented accommodation (unless the accommodation is located in a dense area where the is not fixed freely). Thus, the lessor will probably be more demanding as to the income received by his future tenant.
For the lessor, on the other hand, the conditions for renting a furnished apartment are very different from those for rented empty accommodation. Indeed, who says furnished accommodation, says furniture. The rules have been set in this area by a decree (n ° 2015-981 of July 31, 2015) which provides a precise list of what must be included in the premises made available, as soon as it is used for the main residence. There are the following elements:
If the accommodation does not contain these elements, the lease may then be reclassified, after the tenant has entered the premises, into a housing lease relating to empty rented premises. However, this possibility remains at the discretion of the district court.
Good to know: to meet the conditions of decency, the accommodation provided must be at least 9m2. It must also comply with certain regulatory standards (water point, room ventilation, etc.).
In this article, we specify that it is for the tenant of the main residence
The rental then depends on articles 25-3 and following of the law n° 89-462 of July 6, 1989.
Among its main features:
- A contract duration reduced to one year instead of three years against empty rental accommodation (this duration being further reduced to 9 months in the case of the rental to a student)
Advantages of furnished rentals
In addition to a reduced rental period, the main advantages are as follows:
Last but not least, the rents received for furnished rentals (main dwelling, but also secondary or seasonal - tourist) as a non-professional rental company is subject to the IRPP (personal income tax) in the category of industrial and commercial profits (BIC). The tax burden is therefore reduced on this type of income and the profitability of the property is much higher.
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