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 of seasonal rental is profitability. Indeed, although traditional 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 obtain profitable accommodation very quickly. Anne-Claire, 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 cities and regions are overwhelmed with holiday accommodation and demand is always high. It is therefore not difficult to find a place there, by first making sure to present an attractive accommodation using beautiful photos. "This is part of our mission at YourHostHelper," explains Anne-Claire. "We take professional photos to showcase an accommodation. Every time, it is a success." A property placed as a 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 that is rented out for the holidays is an excellent way to generate additional income. "Investing in such a property can sometimes be expensive and can last for many years before it becomes truly profitable," explains our Royan agency director, Anne-Claire. "Renting for the holidays allows you to maximize your income and beyond covering your expenses, you can even generate additional income fairly quickly." To obtain an even better rental income, you can call on our YourHostHelper concierge agencies. Indeed, optimizing nightly rates is one of the services offered by YourHostHelper, a specialist in rental management. Owners generally see an increase in income of 25% 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, there is no risk of non-payment or financial complications. Thanks to vacation rental platforms such as AirBNB, Booking or Abritel, tenants pay for their stays before they even move in. No more worries, payments are automated and as Anne-Claire 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 property deteriorates less quickly. Indeed, a property occupied by different people during the year is cleaned more often, and asking for deposits even for seasonal rentals means you can be sure not to have any inconveniences such as damage or unforeseen repairs to be carried out. This avoids many fairly 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.
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, our YourHostHelper agency director in Rochefort, presents our service offering: "We offer a package 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!
