Holiday lets

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.

1. Maximising returns

There are several ways you can rent out your apartment on the Côte d'Azur:

  • classic, year-round lets (lease of one to three years)
  • student lets (a 10-month contract with holiday lets in the summer break)
  • holiday lets (on a weekly basis) throughout the year

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.

2. Very limited risk of not being paid

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.

3. Increased flexibility

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.

Conclusion

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.

Contact details
Tel: +33 (0) 493 878 333
Fax: +33 (0) 493 877 677
Email: Email address
Address: 73 bd Victor Hugo
06000 Nice
France