What are the advantages of furnished rentals in Paris?

Dec 5, 2025

2 minutes

Furnished rentals are currently one of the most successful models in Paris. Combining tax advantages, higher rents, and high demand, it represents an investment strategy particularly suited to high-demand areas.

Here is a comprehensive analysis of the market and its concrete advantages.

1. The furnished rental market in Paris

Paris has approximately 100,000 furnished apartments, mostly owned by private investors.

Breakdown of the housing stock

50% in traditional furnished rentals
50% in seasonal rentals (a share that is decreasing due to stricter regulations)

Since the 90-day limit on primary residences was introduced, many seasonal properties are returning to the long-term furnished rental market.

Property types

53% are under 40 m²
High concentration in central districts (1st, 2nd, 4th, 5th, 7th, 8th arrondissements)

About 10% of the housing stock is vacant at any given time, which represents nearly 10,000 available apartments.

The market remains dynamic, but requires good positioning.

2. Concrete example: rent control

Let's take a 1-bedroom apartment of 40 m².

Controlled rent

Rent control limit:
€40/m² → €1,600 excluding utilities

Possible rent supplement

A supplement of €150 to €200 can be justified if the accommodation has exceptional features:

Terrace
Custom-built equipment
Air conditioning
High ceilings (3.50 m)
View of a monument
Unobstructed view of a private garden

Example: €1,600 + €120 = €1,720 per month

The supplement must remain justifiable and consistent with the actual quality of the property.

3. Rent control: where does it apply?

The system has gradually expanded:

Paris (since 2019)
Lille (since March 2020)
Active applications: Lyon, Bordeaux
11 municipalities of Greater Paris (Arcueil, Cachan, Ivry-sur-Seine, Villejuif, etc.)

Rent control acts as a regulator. Properly applied, it secures the tenancy and limits vacancy.

4. A buyers' market for tenants?

Yes. The recent context has created a favorable market for tenants:

Average rent decrease of 2% to 3%
Larger discounts on bigger properties (up to 20-30%)
Mass return of seasonal properties to traditional furnished rentals

High-end apartments have sometimes undergone significant adjustments due to the temporary absence of international clients.

Local demand remains strong:
80% of moves are driven by work, study, or family changes.

5. The major tax benefit: LMNP status

Furnished rentals benefit from a decisive advantage: tax depreciation via LMNP status (Non-Professional Furnished Landlord).

Unlike unfurnished rentals:

The acquisition price can be depreciated
Furniture can be depreciated
Rents can be taxed at a low rate or not taxed at all for several years

This is the only rental model for existing properties in Paris that allows true tax optimization.

6. Numerical comparison: unfurnished vs furnished vs seasonal

Still for a 1-bedroom apartment of 40 m²:

Unfurnished rental

€30/m² → €1,200

Furnished rental

€40/m² → €1,600 to €1,720
Which is +20% to 30%

Seasonal rental

Estimated average gross of €2,500 monthly

But beware:

Seasonal expenses:

Cleaning
Dry cleaning
Utilities
Internet
Guest reception
Management
Vacancy

This represents about 30% in expenses, or €750.

Actual net income: about €1,750
Very close to classic furnished renting... with far more constraints.

7. Why furnished rental is often the best compromise

Furnished rentals offer:

Higher rent than unfurnished
Optimized taxation via LMNP
Fewer regulatory constraints than seasonal rentals
Fewer unpaid rent cases than in unfurnished rentals
Controlled tenant turnover (roughly every 2 years)

The only downside remains more frequent tenant turnover than in unfurnished properties (which average 5 years), but the profitability largely compensates for this aspect.