It is not a surprise for anyone, the short-term rental, or seasonal rental, is so successful that it comes to overshadow some hoteliers and causes a shortage of accommodation for residents seeking accommodation in the year. The reason for such success? Its profitability!

Indeed, the yield generated by short-term rental is between 1.5 and 3 times higher than that of conventional bare rental. It is easy to understand why the seasonal rental market a few years away, even leading to an uberization of the tourism industry.
The principle is simple, instead of renting his property to a single tenant all year round, an owner will offer it, generally by the week or at the weekend, to several dozen tourists a year, wishing to visit the surroundings, enjoy from the beach or from the mountains, etc. In order to find its many tenants, it posts its advertisement on platforms such as Airbnb, the best known.
Thus, he increases the profitability of his property because the prices charged are obviously higher than those for annual rental (note, this type of rental is not profitable everywhere, a market study is necessary before launching).

Faced with competition considered unfair to the hotel industry, the State made compulsory social security affiliation for the self-employed (SSI - former RSI) from January 1, 2017, for people whose income comes from the furnished tourist rentals exceed € 23,000 per year. This is enough to cut the amount of your rental income relatively significantly. And this is a trend that is likely to accelerate due to the Covid-19 crisis, which is hitting the state-sponsored hotel sector hard. Short-term rental is also severely penalized by this situation and risks suffering again in the event of new pandemics or events of this type in the years to come. If this possibility scares you, know that it is possible to benefit from another form of furnished rental, more stable and regular while offering a very interesting profitability!

But if seasonal rental is your hobby, it is in your interest to avoid being subject to SSI so that the return on your property is not reduced by these social security contributions. This is what you allow the PELLOIS ministerial response, provided that you entrust a management mandate for your property to a professional agency. So, if you entrust the management to a real estate agency, a concierge or a wealth management consulting firm, no social contribution will be due from you, and that is other than good news for you!

If you operate one or more dwellings in Toulouse or its surroundings and you wish to leave the field of SSI, Wealth A7 is fully entitled to offer you a Family Office A7 Immo contract governed by Hoguet law which will allow you through the Pellois ministerial response to avoid being subject to social security contributions.
Let's make an appointment to determine all of the best solution for your furnished rental project (seasonal or not).