Rent your property: 15 reasons to opt for long-term rental

As the consequences of the Covid-19 health crisis are felt on the short-term rental market, here are good reasons to transfer your seasonal rental assets to long-term rentals with Junot.

1. Search for a serious, tailor-made tenant profile with very precise criteria in complete transparency with the owner, ensuring the good maintenance of the apartment and securing the payment of rent (possibility of benefiting from rental insurance unpaid at negotiated price, at Junot).

 

2. An apartment regularly maintained by the occupant because it is their place of residence, unlike short-term rentals where the occupants are more volatile.

 

3. Avoid incessant turnover which very often harms the neighborhood and degrades the apartment much more quickly.

 

4. Legal framework fully respected in order to avoid fairly high fines:

Paris town hall took action in December 2017 and put in place a framework aimed at regulating seasonal rentals & abuse (under rentals / Parisian apartments empty over long periods). She decided that it was only possible to rent seasonally in the case where: It is the main residence of the owner and he only rents his apartment for a maximum of 120 days/year. This means that an owner wishing to do seasonal rentals in Paris must make a prior declaration to the Paris town hall. These two declarations are therefore mandatory in Paris before renting accommodation to tourists. Failure to comply with these rules may be punishable by a civil fine of up to €25,000 plus a penalty.

For long-term rentals, none of these constraints arise: no need for authorization from the town hall, no need to be in your main residence to rent, no obligation to change use entailing costs.

 

5. Current costs borne by the tenant (electricity, gas, housing tax, internet, household waste)

 

6. No or few rental vacancies, particularly during crisis periods

 

7. No seasonality for rental

 

8. Constant monthly cash flow to ensure financial stability and serenity, thanks to a rent smoothed over the year (forecast of a reliable annual income without unforeseen variations).

 

9. Precise entry inventory allowing you to request the restoration of your property.

 

10. Apartment rented as a main residence to cope with the flow of restricted tourists in the coming months (border closures due to Covid-19).

 

11. Offer your co-ownership calm and respect for the premises (less traffic, common areas reserved for the strict use of the occupants, no noisy passing customers, etc.).

 

12. Possibility of recovering the apartment each year on the anniversary date.

 

13. In the event of a disaster, the owner always collects rent from his existing tenant.

 

14. No need for servicing and maintenance services

 

15. Possible and tailor-made management of the property by a quality agency allowing serenity close to that of a concierge service.

Junot supports you and takes care of:

 

- Carry out the photo shoot of your apartment

- Organize visits & select a quality tenant

- Sign secure contracts

- Carry out the entry and exit inventory, as well as any deductions to be made on the tenant

- Manage the work in agreement with the owner and orchestrate work directly related to tenants (batteries, light bulbs, hood filters, replacement of damaged kitchen utensils, etc.)

- Manage disasters in order to preserve the apartment in the same condition as it was entrusted to us

- Support you on developments in rental real estate

- Help you with the rental income declaration

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