In recent years, seasonal rentals have been on the rise and the number of furnished tourist accommodation is constantly increasing. More and more individuals are embarking on the adventure and investing in housing which they then transform into short-term rentals. Our YourHostHelper agency in Rochefort explains the advantages of investing in a property for seasonal rental.
Seasonal rental for a profitable investment
First of all, one of the first advantages specific to seasonal rental is profitability. Indeed, although classic rental is also profitable, short-term rental is even more so. Depending on your location, the nightly rate and the condition of your property, you can get profitable accommodation very quickly. Anne-Claire Souty, director of our YourHostHelper agency in Royan, explains: “If you are in a tourist sector and your property attracts visitors, then you will be profitable in no time. Seasonal rental is an advantage because several rents can be collected over a month”. A property placed for rent year-round indeed achieves between 5% and 6% profitability, while a property for seasonal rental will be profitable up to 10%. A good location and good management can therefore make it easy to make a return on your investment.
Some towns and regions are overwhelmed with accommodation for holidaymakers and there are still many requests. It is therefore not difficult to find a place there, taking care beforehand to present an attractive accommodation by means of beautiful photos. “This is part of our missions at YourHostHelper, specifies Anne-Claire Souty. We take professional photos to showcase a home. Each time, success is at the rendezvous. A dwelling placed for seasonal rental can therefore be profitable from the first month of rental. A significant advantage compared to long-term rentals.
Additional income through vacation rentals
Owning a property placed for seasonal rental is an excellent way to generate additional income. “Investing in such a property can sometimes be expensive and this for many years, before it becomes really profitable, explains our Royan branch manager, Anne-Claire Souty. Seasonal rental allows you to maximize your income and beyond covering your costs, you can even earn additional income quite quickly”. To get even better rental income, you can use our concierge agencies YourHostHelper. Indeed, the optimization of nightly rates is one of the services offered by YourHostHelper, a specialist in rental management. Owners typically see a 25% increase in revenue on average.
If your property is located in a highly touristic area, it will undoubtedly be more in demand, and your accommodation may be rented at a higher price depending on what holidaymakers are looking for. Thus, it is estimated that a weekly rent can be approximately 2 to 3 times higher than the rent of a so-called classic rental.
In addition, the risk of non-payment or financial complications does not exist. Thanks to seasonal rental platforms such as AirBNB, Booking or Abritel, tenants pay for their stays even before they enter the premises. No need to worry, the payments are automated and as Anne-Claire Souty points out: “if you choose to use YourHostHelper, we take care of everything for you”.
Seasonal rental, a guarantee of freedom
Unlike year-round rentals, having short-term rental accommodation allows you to enjoy your property whenever you want. Indeed, you remain in control of your calendar and instead of having a person living in the property year-round (or even several years), you decide when you want to rent it. If you want to enjoy it yourself or host family for example, it is possible.
Another advantage is that the degradation of the property is slower. Indeed, a property occupied by different people during the year is cleaned more often, and the fact of asking for deposits even during seasonal rentals makes it possible to be sure of not having any inconvenience such as damage or unforeseen repairs to perform. This avoids many rather high costs except perhaps a cleaning service between each rental. “You can also maintain your accommodation more regularly if you wish, by doing small beautification works”, explains Anne-Claire Souty of the YourHostHelper concierge service in Royan.
Advantageous taxation for owners of seasonal rentals
Income from seasonal rentals, subject to income tax, falls into the category of industrial and commercial profits (BIC). With the flat-rate scheme, you benefit from a reduction on all receipts. It is equal to 50% if you rent a classic seasonal rental and if your income does not exceed €32900 per year (in 2016). If you rent a rural gîte or accommodation classified as "furnished with tourism" and if your income does not exceed €82200 per year (in 2016), it reaches 71%. Beyond these thresholds, you automatically come under the real regime.
The actual plan consists of deducting all of your costs and charges from your annual income (including depreciation, loan interest, major repairs, etc. and all costs related to renting). This scheme requires you to keep accounts. It can be chosen on request at the tax office, but it is in your interest to establish beforehand, with the help of a tax specialist, forecast calculations over two years to validate its relevance in your specific case.
The purchase of accommodation for seasonal rental also makes it possible to create a real estate heritage. Indeed, this property will probably have been purchased thanks to a mortgage, and the rents collected will allow you, in addition to generating rental income, to repay your credit. Thus, you will feel less the costs of managing a home.
YourHostHelper, rental management specialist, takes care of everything
Finally, you can entrust the daily management of your property to our AirBNB concierge agency in Royan. We specialize in seasonal rentals and we offer premium hotel services in order to best satisfy travelers while ensuring maximum peace of mind for owners, so that they can simply benefit from their rental income.
Anne-Claire Souty, our YourHostHelper agency manager in Rochefort, presents our service offer: “We offer a formula called Complete Management, which includes 15 concierge and hotel services. We get the best out of ourselves and put into practice more than 10 years of experience in the field of rental management for the well-being of our tenants, but also that of the owners”.
YourHostHelper takes care of the check-in and check-out of visitors, professional cleaning, assistance and troubleshooting (service available 24 hours a day, 24 days a week), but also the management of your ad and monitoring customer reviews, giving you the option of monitoring everything remotely thanks to an application that brings together all the information you need about your property.
If you own a home and want to place it for seasonal rental without having to manage everything on a daily basis, don't hesitate any longer and call on the services of YourHostHelper!
