If you’ve dreamt of owning your own pied-a-terre in Paris, the good news is there are ways of offsetting costs to help make your dream come true. How? Via short term rentals in Paris. And yes — they are still legal, if you have the right property. We have 2 apartments for sale that have the rare legal designation as short-term rentals. Message us at info@hipparis.com and read on to find out more!
Short Term Rentals For Sale in Paris
Before the city outlawed short-term rentals, purchasing a property and offsetting the costs by renting it out when not in use by the owner was a popular choice for investors and lovers of Paris. However, the city has cracked down hard on vacation rentals in recent years and people thought the gold rush of those days were long gone.
However, if you find the right apartment you can still have a short term rental that is legal allowing you to benefit from lucrative rental income, the appreciation of a valuable asset over time, and enjoy your own home in the City of Light.
The short term rentals we have available for sale are in 2 of our favorite areas in Paris. One is in the 17th arrondissement where you can live like a true local, enjoying markets, small independent businesses, and the charm of every day Parisian life. The other is in the popular 2nd arrondissement, in the heart of the capital.
Enjoy long walks, an apéro on a terrace, warm croissants from the boulangerie, wine and cheese with friends, and weekend mornings at your local market. Email info@hipparis.com at once and read on for more details!
Why Consider Short-Term Rentals in Paris?
Short-term rentals in Paris are a great way to profit from the city’s year-round tourism. They allow you to benefit from strong and stable property values while enjoying your own pied-à-terre in the French capital. By choosing the right property and managing it carefully, a Parisian rental can offer significant passive income and long-term growth potential.
However, most residential properties in the city are not legally eligible for short-term rentals. Without proper authorization the penalties for violating these rules can be severe. Fines can reach up to €50,000.
Short-Term Rental Laws in Paris
There are strict rules for short-term rentals in Paris. The goal is to keep a balance between housing for locals and the growing demand from tourists.
- Rules for Primary Residences: If your property is your main home, you can rent it out short-term (for stays under 29 days) for up to 120 days per year without needing a special permit. A primary residence is defined as a property that you occupy for at least eight months of the year.
- Secondary Residences: To legally rent out a secondary residence for short-term stays, the property must be designated for commercial use, and you have to obtain a short-term rental permit. Typically, these properties are former commercial spaces, such as old storefronts or artist studios. Even with the correct zoning, you’ll also need a registration number issued by the city. Platforms like Airbnb will require this to list your property.
Currently, Paris is not granting new short-term rental permits. As a result, properties with existing permits are part of a limited pool of legal short-term rental opportunities, making them highly sought after.
5 Reasons Why Short-Term Rentals in Paris Are a Good Investment
- Strong Demand: Paris is one of the most visited cities in the world, drawing millions of tourists and business travelers every year. This means a reliable demand for short-term accommodations.
- Higher Rental Income: Compared to long-term leases, short-term rentals can deliver significantly higher income. Rates vary depending on location and amenities.
- Personal Enjoyment: Owning a short-term rental gives you the option to stay in the property when it’s not rented, blending personal enjoyment with financial gain.
- Simplified Management: Platforms like Airbnb make it easier to manage bookings and payments remotely, while many owners opt for local property management services for a hassle-free experience.
- Limited Supply: With the city’s current restrictions, properties that are legally authorized for short-term rentals are increasingly rare, making them valuable assets for any investor.
Legal Short Term Rentals for Sale
Rue Dulong | 3-bedroom gem with short-term rental income 75017 Paris, €1,735,000 – Elegant Triplex Near Rue de Levis
Apartment Details
Size: 100 m² / 1,076.4 sq ft
Floors: 1st floor (2nd floor US), ground floor, and basement
Bedrooms: 3
Bathrooms: 3
Kitchen: Fully equipped open kitchen
Flooring: Herringbone wood
Fireplaces: 1
Condition: Excellent, fully furnished
Building Information
Security: Yes
Condition: Excellent
Discover a rare opportunity to own a stunning triplex in the heart of Paris’s coveted 17th arrondissement, nestled on a peaceful street just steps away from the bustling Rue de Levis market street. This beautifully renovated 100 m² (1,076 sq ft) triplex blends timeless French charm with modern elegance. With a short-term rental permit and a solid history of successful rentals, it’s an exceptional find for savvy investors.
Key Features:
- Located in a classic, historic Parisian building with direct street-level access
- Meticulously renovated using premium materials, sold fully furnished and move-in ready
- Fully air-conditioned
- Three bedrooms, each with its own en-suite bathroom
- Spacious, open-concept living and dining area with a sleek, integrated kitchen on the ground floor
- Separate laundry room in the basement
- Perfect as a luxurious residence or high-end short-term rental
Location Perks:
- Prime location between Parc Monceau and Batignolles, close to the vibrant Levis market street
- Situated on a tranquil, charming street
- Convenient access to public transportation
Every detail of this home has been carefully crafted to offer the perfect balance of comfort and sophistication. The ground floor features the open living space, kitchen, and a master bedroom with en-suite bath. The first floor hosts a light-filled master bedroom with a marble fireplace and an elegant en-suite bathroom. In the basement, you’ll find a laundry room and a third bedroom with twin beds, windows, and its own en-suite bath.
This property is ideal for those seeking a spacious primary residence, a high-end pied-à-terre, or a luxury vacation rental. Combining historic Parisian allure with contemporary living, it’s a versatile gem.
Rue Notre Dame de Recouvrance | 75002 Paris, € 630,000
Apartment Details
Total Rooms: 2
Living Space: 41 m² / 441.32 sq ft
Floor: Ground level
Bedrooms: 1
Bathrooms: 1
Kitchen: Fully equipped eat-in kitchen
Flooring: Hardwood
Condition: Excellent, fully furnished
Building Information
Style: Historic
Security: Keyless entry (digicode)
Condition: Excellent
Seize the chance to invest in a 430 sq ft (40 m²) gem in the heart of Paris’s vibrant 2nd arrondissement. Whether you’re looking for a smart investment opportunity or a cozy home base to experience Parisian life, this recently renovated apartment offers both. With a solid track record of rental income, it’s ideal for capitalizing on Paris’s thriving tourism market.
Property Highlights:
- Fully renovated and move-in ready, with all furniture included
- Features a welcoming entrance, comfortable living area, semi-open eat-in kitchen, stylish bedroom, and sleek bathroom
- Ground-floor unit with bedroom facing a quiet courtyard
- Keyless entry with a smart code system for added convenience
Prime Location:
- Ideally situated between the bustling Montorgueil district and the famous Grands Boulevards
- Steps from renowned shopping, dining, and cultural attractions
- Close to multiple metro lines, offering easy access to the entire city
This thoughtfully designed apartment boasts a modern eat-in kitchen that opens partially into a living area with charming exposed brick and hardwood floors. The bedroom is bright and spacious with ample built-in storage, and the bathroom is contemporary, featuring a glass-enclosed shower.
For savvy investors, this property is a standout. With an impressive estimated annual revenue of €54,000 (after management fees) and a total purchase price of €678,000 (including all fees and furnishings), it delivers a robust 7.11% annual triple-net yield. The current setup as a stylish short-term rental has been highly successful over the past two years, offering immediate income potential.
Strategic Location for Maximum Returns The 2nd arrondissement is at the heart of Parisian life, placing you and your guests within easy reach of major attractions, trendy shopping streets, and convenient transportation options. This prime location ensures consistently high occupancy rates and attractive rental returns.
The Notre Dame de Recouvrance Apartment: A Smart, Profitable Investment Nestled in one of Paris’s most desirable neighborhoods, this property combines the charm of a historic area with the security of established rental income and potential for future appreciation.
RELATED LINKS
- Discover more Paris apartments for sale.
- Once you’re here there is no better way to enjoy the city than by foot. Here is one of the best Paris walking tours curated by a long time local.
- Want to know what it’s really like to live like the French? Here are 10 signs I live with a French man.
Written by HIP Paris. Looking to travel? Check out Plum Guide and our Marketplace for fabulous vacation rentals in Paris, France or Italy. Looking to rent long or short term, or buy in France? Ask us! We can connect you to our trusted providers for amazing service and rates or click here. Looking to bring France home to you or to learn online or in person? Check out our marketplace shop and experiences.
RELATED ARTICLES
How to Celebrate a Winter Christmas in Paris
by
Verity McRae
Christmas 2024 at Galeries Lafayette – Get “LIT” this Holiday Season
by
Kathryn Kinley
HiP Paris Internship: Join the Team!
by
Ali Postma
Getting Paris Right the First Time: 10 Tips From A Local
by
Oliver Gee
Expat Entrepreneurs in Paris: Boneshaker Donuts
by
Jessica Johnston
10 Signs I Live With a Frenchman: L’Amour Parisien
by
Sylvia Sabes
Trick or Treat: How to Halloween in Paris
by
Maikka Piquemal
Paris Tips: Making Small Talk À La Parisienne
by
Victoria Wall
Paris Apartments for Sale: Saint-Germain-des-Prés, and the Marais (Pompidou Centre)
by
HiP Paris
What To Do In Paris in September: Paralympics, Fashion Week, Exhibitions and More
by
HiP Paris
Back to School in France: The Definitive Guide To Surviving La Rentrée in Paris
by
Jessie Kanelos Weiner
French Music to Check Out Now
by
Jessica Johnston
Our 9 Favorite English Bookstores in Paris
by
Lily Heise
Summer in Paris: 9 Ways to Beat the Heat
by
Diana Liu
Parenting in Paris: The Challenges of Raising Teenagers in France
by
Sylvia Sabes
Five Habits I Adopted After Living in Paris
by
Yvonne Hazelton
Where to Escape Crowds in Paris During the Olympics (or Anytime)
by
Lily Heise
Paris in July 2024: Events, Exhibitions, The Outdoors & More
by
Kathryn Kinley
The Essential Paris Walking Tour: Must-See Sights for First-Time Visitors
by
James Christopher Knight
Father’s Day Gifts for Francophiles
by
HiP Paris