Become a landlord to take advantage of rental investments with your Deauville concierge
You just got a stable job. Your income is good and you feel more than good about your financial life. The idea then begins to germinate in your mind: why not start investing? Yes, but in what? Gold, cryptocurrencies, new companies? And why not in stone? Investing in real estate seems more complicated with the inflation that is watching and the many problems of our current society. However, despite rising bank rates, the idea of becoming a landlord does not seem devoid of interest. Your Deauville Concierge tells you all about the status of lessor, its obligations and the possible aid for your rental project.
What is a landlord
To be considered as a landlord, you must buy movable or immovable property in order to rent it out. The owner in question can be a legal or natural person and generates income through his various assets. This notion is specific to the lessor. If you want to make a real estate investment, you are not obliged to become a landlord. You can also proceed with a purchase/resale system which, if you know the market in your area, can be a flourishing investment with very high profitability.
However, the rental purchase is an investment within everyone's reach. Provided that your project is thought out and well established, renting accommodation has many advantages and allows greater freedom of action. A landlord can buy a property hoping for a return on investment on resale or rent a home in order to obtain additional income every month. There are therefore different profiles of lessor owners with, for each, different objectives.
The obligations of landlords for the rental of their accommodation
As a landlord, your accommodation must meet a series of standards in order to be able to be rented out without problems. Although it may seem logical, your apartment or house should be considered decent to rent. The minimum size criterion is 9 m2 (for room rental). A decent dwelling must be free of harmful substances, not represent a risk for the physical integrity of the tenant as well as for his health. He must also have the necessary to live properly (toilets, water point, etc.).
You must issue a lease contract with your tenant, containing the description of your property (whether it is furnished or not), the duration of occupation as well as the rent and the charges incumbent on the tenant. You are also obliged to provide an inventory signed by both parties to the tenant in addition to a copy of the technical diagnosis proving the energy performance of your accommodation.
Landlords: aid granted by the state
Several aids have been considered by the State to promote rental purchases and allow individuals and professionals to invest in real estate. These aids depend on your purchase situation and the improvements you will make to it.
- For the energy optimization of your home: you have the zero ecoloan. Unrestricted by income, this aid provides you with support for the installation of new equipment aimed at improving the performance of your home.
- For renovation work: ANAH (National Housing Agency) offers tax exemption if you incur costs in heavy work or renovation of your property. However, you will have to meet specific rental criteria.
Laws also allow advantages when you want to invest in real estate. The Pinel law allows you, for example, to take advantage of tax advantages for the purchase of new rental accommodation.
Your Deauville concierge helps you invest in seasonal rentals
The rental purchase has many sub-branches that allow landlords to orient their rental according to their situation. When renting out your property, nothing obliges you to opt for a long-term rental. This obviously has advantages (time saving, peace of mind, development of trust with the tenant, etc.), but there are equally interesting alternatives.
Your concierge in Deauville is able to help you with all matters relating to short-term rentals. Although it requires more personal investment, this seasonal rental has advantages and undisputed profitability. Depending on your location, you can benefit from a high occupancy rate and exponential additional income during the tourist season. In addition, seasonal rental allows you to take advantage of periods of high demand in summer, but also longer term rentals during off-peak periods thanks to the mobility lease.
However, seasonal rentals require maintenance, time to prepare the accommodation and manage reservations, as well as a certain level of availability to be able to intervene at any time if your tenants have a problem with your accommodation. This is why your concierge service in Deauville offers its services to landlords wishing to rent for short periods. We intervene throughout your project and take care of all the logistical and administrative obligations of managing your rental. We create and publish your ads, manage your reservation calendar before welcoming your tenants. Choosing seasonal rental with your Deauville concierge means opting for the advantages of short-term rental without its disadvantages.
Becoming a landlord is a good way to invest in property for the long term. By doing this, you can generate regular income and enjoy it throughout the year while creating a capital gain in anticipation of a possible resale. Before making your first purchase, determine your positioning as an owner: are you going to rent for the long term? Or do you prefer the profitability of seasonal rental? Your concierge in Deauville supports you in your projects and will be able to guide you to make your real estate investments bear fruit.
