Expatriates: Monetize your parisian property during your absence

Furnished rentals are an ideal solution for expatriate property owners looking to make the most of their property while living abroad. They can generate rental income 15 to 20% higher than unfurnished rentals, help preserve the property through regular occupancy by reliable tenants, and eliminate the need for moving or furniture storage costs. The flexibility of furnished rental agreements (mobility leases of 1 to 10 months and one-year primary residence leases) allows owners to adapt the rental period to the uncertainties of expatriation. From a tax perspective, the micro-BIC scheme offers a 50% allowance on rental income, while the actual expenses regime may significantly reduce taxable income through the deduction of eligible expenses and depreciation. A specialized agency can handle the entire rental management process, including advertising, property inspections and ongoing management, allowing owners to move abroad with complete peace of mind.

Many property owners moving abroad wonder how to protect their home or real estate investment during their time overseas while generating additional income.
Furnished rental is the ideal solution: it allows you to rent out your property at an attractive rate, avoid leaving it vacant and even ensure that it is maintained during your absence.
All this while benefiting from a much more advantageous tax system than unfurnished rentals...

The benefits of renting out your furnished property while living abroad

Higher rental income

Furnished properties generally command rents 15 to 20% higher than unfurnished accommodation. Providing furniture and equipment allows property owners to charge a higher rent, potentially increasing the income generated by the rental.

Protecting your property

Renting out your property furnished allows you to leave all your furniture and equipment in place, avoiding the costs of moving or renting storage space, even for a temporary period.
Furthermore, tenants renting furnished accommodation tend to take better care of the property, furniture and equipment. This helps preserve the condition of your home while you are away, reducing the risk of wear and damage.

Flexible rental agreements

Furnished rentals offer greater flexibility in terms of lease duration. Furnished rental agreements can be established for shorter periods, making them particularly suitable for expatriates whose time abroad may vary. Indeed, the duration of an expatriation is rarely certain: furnished rentals allow you to rent out your property for shorter periods than unfurnished rentals, giving you greater flexibility when planning your return.

To learn more about furnished rental agreements, read our article:

Tax advantages

Furnished rentals benefit from a particularly attractive tax regime. Under the micro-BIC scheme, eligible property owners can benefit from a 50% allowance on rental income. Alternatively, choosing the actual expenses regime allows owners to deduct eligible expenses and depreciation related to their furnished rental activity. Depending on their circumstances, this may significantly reduce or even eliminate taxable rental income, helping optimize the profitability of their investment.

To learn more about furnished rental taxation, read our article:

Make the most of your property while living abroad with furnished rentals

To support you, Lodgis offers a turnkey solution for managing your property while you are abroad:

• We help you rent out your Paris apartment to international clients (professionals on assignment, expatriates, companies, etc.) looking for fully equipped, furnished and ready-to-move-in accommodation. Property listings are free of charge and non-exclusive.
  Discover our Rental Services
• We take care of the entire management of your property (check-in and check-out inspections, cleaning, maintenance and repairs, etc.). Our property management services start from just 3.9% including VAT.
  Discover our Property Management Services
• We provide the expertise and tax and legal guidance you may need.

This turnkey solution allows you to move abroad with complete peace of mind while generating additional rental income and benefiting from an attractive tax regime.

Would you prefer to sell your property before moving abroad?

If you would rather sell your Paris property before moving abroad, Lodgis can also support you throughout your real estate project.