The legislation regarding short-term rentals on platforms like Airbnb is set to undergo significant changes in 2024. This reform aims to regulate the tourist rental market to restore a balance between residents’ access to property and the seasonal rental market. The new measures will mainly focus on taxation, energy standards, and the regulation of change-of-use practices. This article explores these key points of the reform and their implications for owners and tenants.
The objectives of the 2024 reform
Regulating the tourist rental market
Since its emergence in France, Airbnb has transformed the real estate landscape, attracting many homeowners to seasonal rentals at the expense of primary residences. With nearly one million tourist accommodations in circulation, the aim of this reform is to ensure effective oversight of this activity. This notably involves reducing the number of properties reserved for tourism use at the expense of housing options for local residents.
Protecting residential housing and fighting speculation
In areas with high tourist concentration, housing is often inaccessible to permanent residents. The 2024 law seeks to decrease the economic attractiveness of tourist rentals to encourage owners to prioritize traditional leases. Measures aimed at controlling real estate speculation should also be integrated to safeguard residents’ interests amidst rising prices.
Ensuring better management of temporary rentals
The reform also envisions a rebalancing between the obligations of short-term rental property owners and those of permanent tenants. This will facilitate better local management of seasonal rentals, making it easier to monitor and ensure compliance of the accommodations offered.
The main measures of Airbnb legislation
Changes in taxation
One of the main challenges of the reform lies in adjusting the taxation applicable to short-term rentals. The planned changes include:
| Before the reform | After the reform | |
| Unclassified furnished rental | Flat-rate deduction of 50% Maximum annual turnover of €77,700 |
Flat-rate deduction of 30% Maximum annual turnover of €23,000 |
| Classified furnished rental | Flat-rate deduction of 71% Maximum annual turnover of €188,700 |
Flat-rate deduction of 50% Maximum annual turnover of €77,700 |
These modifications aim to align the taxation of tourist rentals with that of residential housing, making the market fairer.
Energy performance compliance
The reform also imposes energy performance obligations for properties intended for tourist rental. An energy performance diagnosis (DPE) must be conducted and displayed. Properties rated below class D may no longer be allowed to be advertised on rental platforms.
Restrictions on change of use
For cities in tight zones, increased oversight will be implemented regarding change of use of properties. Municipalities may establish restrictions to protect the long-term housing supply.
Implications for owners
Owners will be responsible for adapting to these new regulations. A number of measures and investments will be necessary, including:
- Verifying their property’s compliance with safety and energy standards.
- Incurring expenses to improve the energy rating of their property.
- Potentially being refused permission to rent their property in certain areas, especially in large cities.
This could impact owners’ income, prompting them to modify their offerings or consider alternative property management solutions.
Support offered by Concierge Angels
Faced with this imminent reform, Concierge Angels positions itself as a key partner for owners. Our team of professionals is here to facilitate the transition by offering comprehensive and personalized support. We offer services such as:
- Assistance in complying with the new legislation.
- Advice on best practices for preparing and managing your property.
- Advanced technological tools to optimize your rental management.
Whether for seasonal rentals or subletting, Concierge Angels leverages its hospitality and subletting expertise to help you maximize your income while remaining compliant with the new legal requirements.
To learn more about the new legislation and how Concierge Angels can support you, do not hesitate to contact us today.
The Airbnb law of 2024 will introduce significant changes for owners of tourist furnished rental properties. This reform aims to more effectively regulate the short-term rental market to promote housing access for residents. Changes in taxation, energy evaluation, and municipal registration are expected. Here is an overview of the key points to know.
Regulation of the tourist rental market
The new legislation seeks to prioritize the interests of local residents. With nearly one million properties currently dedicated to short-term rentals, authorities aim to limit this trend, which is seen as detrimental to permanent housing. Owners, be aware that your activity could be gradually regulated to preserve the integrity of the residential fabric.
Tax impact for owners
One of the major changes concerns the taxation of tourist furnished rentals. The current flat-rate deduction will be reduced, which could significantly decrease your profits. Anticipate this change and prepare to adjust your financial forecasts. Also, stay informed about the details of your tax obligations to avoid surprises when declaring your rental income.
Energy standards to meet
Starting in 2024, tourist accommodations will need to meet stricter energy performance requirements. An energy performance diagnosis (DPE) will now be mandatory and must be included in your listings. Take measures now to improve your property’s energy efficiency to ensure compliance and attract tenants, which may also positively influence your rental rates.
Municipal registration process
N new rules will require prior registration with local authorities. This formalities are crucial to obtaining a registration number before advertising on rental platforms. Find out about the procedures specific to your municipality. Do not neglect this step, as failure to register can result in fines.
Consequences for change of use permissions
For cities considered as being in tight zones, change of use of properties intended for short-term rental will be more restricted. Municipalities will have new tools to regulate this process. It is essential to familiarize yourself with these changes and verify local regulations that could affect your rental projects.
Continued training planning
Given these rapid developments, it is recommended to follow training courses to better understand the implications of the new law and stay compliant. Whether you are an experienced owner or a newcomer, the world of seasonal rentals is constantly evolving, and staying informed is key to success.
The new legislation targeting seasonal rentals on platforms like Airbnb comes into effect in 2024, aiming to create a balance in the property market. Notable changes include increased regulation of tourist rentals, protection of residential housing against speculation, as well as a reduction of tax benefits. Additionally, environmental obligations will be imposed on owners, including requirements related to energy performance. At the same time, better local control over registration in municipalities for tourist furnished rentals is planned. This may lead owners to adapt to new standards while seeking to optimize profitability. This legislative shift raises questions about the dynamics of the rental market, and it is crucial for sector players to stay informed and prepare for upcoming changes.
