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 short-term rental market. The new measures will mainly focus on taxation, energy standards, and regulation of change of use practices. This article explores these key points of the reform as well as their implications for owners and tenants.
The objectives of the 2024 reform
Regulate the tourist rental market
Since its emergence in France, Airbnb has transformed the real estate landscape, attracting many owners to short-term rentals at the expense of primary residences. With nearly one million tourist accommodations in circulation, the goal of this reform is to ensure effective oversight of this activity. This notably involves reducing the number of properties reserved for tourist use at the expense of housing options for local residents.
Protect residential housing and combat 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 favor traditional leases. Measures aimed at controlling real estate speculation should also be integrated to protect residents’ interests amid soaring prices.
Ensure better management of temporary rentals
The reform also plans a rebalancing between the obligations of owners of furnished tourist accommodations and those of permanent tenants. This will facilitate better local management of short-term rentals, making it easier to monitor and ensure compliance of the properties offered.
Main measures of Airbnb legislation
Taxation changes
One of the main issues of the reform lies in adjusting the taxation applicable to short-term rentals. Here are the planned changes:
| Before the reform | After the reform | |
| Unclassified furnished | Flat-rate deduction of 50% Maximum annual turnover of €77,700 |
Flat-rate deduction of 30% Maximum annual turnover of €23,000 |
| Classified furnished | 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, thereby making the market fairer.
Energy compliance
The reform also imposes energy performance obligations for properties intended for tourist rentals. An energy performance diagnosis (DPE) must be conducted and displayed. Properties rated below class D may no longer be allowed to be listed on rental platforms.
Restriction of change of use
For cities in tight zones, increased control will be implemented concerning the change of use for housing. Municipalities will be able to set restrictions to protect the long-term housing supply.
Implications for owners
Owners will be responsible for complying with 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 zones, especially in large cities.
This could impact owners’ income, prompting them to modify their offerings or consider alternative management strategies for their assets.
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 provide services such as:
- Assistance in ensuring compliance with the new legislation.
- Advice on best practices for preparing and managing your property.
- Advanced technological tools to optimize your rental management.
Whether for short-term rentals or subletting, Concierge Angels leverages its expertise in hospitality and subletting 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 assist you, do not hesitate to contact us today.
The Airbnb law of 2024 will introduce significant changes for owners of tourist furnished housing. This reform aims to more effectively regulate the short-term rental market to promote residents’ access to housing. Changes related to taxation, energy assessment, and municipal registration are expected. Here is an overview of the key points to know.
Regulating 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 considered detrimental to residential housing. Owners, be aware that your activity could be gradually regulated to preserve the integrity of the residential fabric.
Tax impact for owners
A major change concerns the taxation of tourist furnished rentals. The current flat-rate deduction will be reduced, which could significantly decrease your profits. Anticipate this evolution and prepare to adjust your financial forecasts. Also, familiarize yourself with the details of your taxation to avoid unpleasant surprises when reporting your rental income.
Energy standards to meet
Starting in 2024, tourist accommodations will need to comply with stricter energy performance requirements. An energy performance diagnosis (DPE) will now be mandatory and must be displayed. Take measures now to improve your property’s energy efficiency to make it compliant and attractive on the market, which can also positively influence your rental rates.
Municipal registration process
The new rules will require prior registration with local authorities. This formalité is essential to obtain a registration number before listing on platforms. Research the specific procedures for your municipality. Do not neglect this step, as failure to register can lead to hefty fines.
Consequences for change of use permissions
For cities considered as being in tight zones, changes of use for 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 check local rules that could affect your rental projects.
Plan for ongoing training
Given these rapid developments, it is recommended to follow training 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 changing, 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 real estate market. Notable changes include increased regulation of tourist rentals, protection of residential housing against speculation, and a reduction of fiscal benefits. Additionally, environmental obligations will be imposed on owners, including requirements concerning energy performance. Meanwhile, better local control of municipal registration for tourist furnished rentals is planned. This could lead owners to adapt to new standards while seeking to optimize their profitability. This legislative shift raises questions about the rental market dynamic, and it is crucial for sector actors to stay informed and prepare for upcoming changes.
