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Thunderclap in seasonal rental

2024-01-29T19:58:53.004Z

Highlights: Deputies voted this Monday for a series of amendments which will shake up the entire economy of seasonal rental. Currently, premises classified as furnished tourist accommodation can benefit from a tax break of 71% up to 188,700 euros. Traditional, long-term rental is limited to a reduction of 30%, up to 15,000 euros. All this should be harmonized at 30% for everyone, says Annaïg Le Meur, the text’s rapporteur. The first step is compulsory registration of goods with municipal services, regardless of the size of the municipality.


The deputies voted this Monday evening for a series of amendments which will shake up the entire economy of seasonal rental by imposing


It is therefore a little bomb which will soon explode in the world of seasonal rentals.

The deputies have in fact just adopted a whole series of particularly restrictive measures in order to regulate the offers.

Reduction of tax benefits and rental period, taking into account the energy performance diagnosis, increased fine: in short, the Eldorado is well and truly finished.

First flagship measure: the tax niche is largely reworked.

Currently, premises classified as furnished tourist accommodation can benefit from a tax break of 71% up to 188,700 euros and classic furnished accommodation of 50% up to 77,700 euros.

Traditional, long-term rental is limited to a reduction of 30% up to 15,000 euros.

All this should be harmonized at 30% for everyone.

Up to 30,000 euros for classified accommodation and 15,000 euros for conventional premises.

Only properties located in rural areas (sparsely populated) or in ski resorts will be able to continue to benefit from the 71% reduction up to 50,000 euros.

“This is to prevent owners from switching their accommodation from traditional rental to seasonal rental, which is more tax-efficient,” argues Annaïg Le Meur, the text’s rapporteur.

Give the means to mayors who want to regulate the phenomenon

But that's not all.

The elected official wants to push the framework much further by providing resources to mayors who wish to regulate this phenomenon in their municipality.

The law being global, it does not take into account the distinction between tense areas or not.

The first step is therefore the compulsory registration of goods with municipal services, regardless of the size of the municipality.

Mayors are given two particularly powerful weapons to transform the entire seasonal rental ecosystem: the possibility of reducing the number of rental days per year from 120 to 90 days and the possibility of prohibiting the rental of G-rated accommodation. “Each city has its particularities, and the situations at the sea or in the mountains, rural or urban, are not the same,” analyzes MP Renaissance.

This is why the law provides for letting mayors decide what is best for their municipality.”

And Annaïg Le Meur has everything planned.

Particularly for cities which have made other choices such as that of quotas by district.

It is thus enshrined in the law that it will be possible to impose it.

“This will prevent cities like Saint-Malo, for example, from finding themselves in court after having voted for this type of limitation,” she assures.

And the law goes very far since it will even be possible to define districts reserved solely for main residences.

Obligation to inform the trustee

Finally, owners wishing to make seasonal rentals must inform the trustee.

However, he does not have the means to oppose it.

The fact remains that there are still quite a few obstacles before the law is implemented.

“Before summer” hopes the MP.

First of all, it must be voted on by senators who can add or delete a certain number of amendments.

Then, the government must also issue a decree for it to be applied.

But beyond these legal considerations, the real question revolves around the resources that elected officials will have at their disposal to apply the law?

Who will carry out the checks?

Will there be enough staff?

Will city councilors be able to resist pressure from owners and large platforms?

In short, there are still many questions that remain unanswered.

But if the law succeeds in being applied, the entire economy of seasonal rental will be disrupted.

Remember that France is the 2nd largest market in the world, for a platform like Airbnb, just behind the United States.

Hundreds of millions of euros are therefore at stake.

Source: leparis

All news articles on 2024-01-29

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