Do you own a property or are you looking to buy a property to rent out as an investment? Holiday lets can be extremely interesting for several reasons.
There are several ways you can rent out your apartment on the Côte d'Azur:
We have carried out a study comparing these three scenarios for renting out a three-room property worth 300,000 euros, located in Nice's Golden Square. This study shows rental returns are twice as high (6.15% gross) when renting out as a holiday let all year round.
When it comes to holiday lets, customers pay in advance via a trusted third party (for example AirBnB). Thus you are protected from unpaid rents; this is not the case with "classic" rentals.
Holiday lets are on a weekly basis. As a result, you can enjoy your property as and when you want to and rent it out when you are not using it. By renting out on a weekly basis, you have much more flexibility in what use you make of your property because you have no long-term commitments to tenants.
If you are interested in this kind of rental management, we can offer you our dedicated holiday letting services and our expertise in the field.
Do not hesitate to contact us for further information or for a tailored proposition.