OWNERS FAQ
Are you a landlord and have questions about managing your rental? Our landlord FAQ provides information on all your legal obligations, rights and remedies.
Types of rentals for owners
Owners FAQ:
Your property does not necessarily have to be located in the 9th arrondissement.
The ABI agency manages apartments throughout Paris and some suburbs,
We favor mid-range and high-end properties, which have minimum amenities and equipment to meet the needs of our French and foreign tenants.
We strongly advise you to have at least:
– Household appliances: washing machine, microwave, hotplates, oven, coffee maker, kettle, toaster, iron, hair dryer.
– Crockery: in accordance with the capacity of the apartment, minimum of cookware, oven dish, salad bowls, utensils (kitchen knives, spatulas, drainer, etc.)
– Linen: duvet, pillows and bed linen, bathroom linen according to the maximum number of people.
– Electronic equipment: television, DVD player, CD player, Wi-Fi internet access.
You must take out PNO (Non-Occupying Owner) insurance which covers you against possible damage, particularly when your apartment is not occupied.
When a tenant takes possession of the apartment, he takes out Multi-Risk Home Insurance.
The ABI agency is at your disposal to meet you, visit your apartment and help you define the most suitable rent. Do not hesitate to contact us, by phone at 01 44 63 05 10 or by email at contact@immobilier-abi.com, to ask us for information or organize an appointment.
Regarding EDF/GDF and INTERNET subscriptions, depending on the duration of the lease, the amount may be included as a flat rate, or you can ask the tenant to take out the contract in their name. In the absence of a change of contract, readings are taken and the corresponding share will be charged to the tenant.
As for co-ownership charges, those which can be charged to the tenant must of course be added to the amount of the rent according to the implementing decrees.
If you own a rental property, the income must be declared under “Property Income”
If you have several assets, the declaration will be made under the heading “Industrial and Commercial Profits”.
For more information, you can contact your tax center, or make an appointment with one of our specialist advisors.
Since we have been in this business, the rate of incidents we encounter is almost zero.
To do this, we are implementing numerous prevention measures to protect ourselves against this risk.
You must choose a tenant with a solid file (income 3 times higher than the amount of the rent, and a compulsory guarantor), or even take out GLI insurance (Unpaid Rent Guarantee).
If, despite these precautions, the case arises, our agency will implement the usual procedures to recover the rent.
Yes, for furnished accommodation the security deposit is 2 months' rent excluding charges.
Classic Rental
The agency rents properties throughout Paris and also in the suburbs.
The rental value of an apartment results mainly from its condition, but also from important elements such as accessibility (metro, train, bus), proximity to shops, the environment
Apartments rented as standard rentals do not have to be particularly equipped. However, you can leave household appliances in the kitchen, knowing that this is a greater commitment for you because if the tenant is required to do routine maintenance and minor repairs, a real breakdown and replacement will be your responsibility.
We advise you to insure your apartment with PNO (Non-Occupying Owner). However, when a tenant moves in, they take out Multi-Risk Home Insurance, which is mandatory and covers the various damages that may occur.
Feel free to contact us at 01 44 64 05 10 or via our website ; we can provide you with information. The main factors in setting rent are location, size, surroundings, condition of the property, natural light, floor level, and amenities (caretaker, elevator, garden, etc.).
To guarantee this risk in advance, it is essential to choose a tenant with a solid file (income 3 times higher than the amount of the rent, guarantor required), or even to take out GLI insurance (Unpaid Rent Guarantee). In this case, our agency offers preferential subscription rates.
If, despite these precautions, the case arises, our agency will implement the usual procedures to recover the rent.
Do you want to rent out your apartment and don't know where to start? Our team is here to help you with any advice!
Seasonal rental for owners
I – The apartment
In seasonal rental, the location of the property is essential. The most requested apartments are those located in the most touristic areas: Montmartre, Champs-Élysées, Latin Quarter, etc.
Their layout and decoration are also important criteria, our current offer of apartments suitable for seasonal rental is oriented towards high-end and mid-range properties.
In the context of seasonal rental, the more equipped your apartment is, the more likely you are to rent it. Whether it is household appliances, hi-fi equipment, internet, kitchen or even furniture, the more important the services, the more your property will be in demand.
Of course, internet access is essential.
Our agency requires that tenants take out Civil Liability insurance against possible damage, as well as a security deposit that we have defined together. All of these elements must be provided to us by the tenant before entering the premises.
However, it is necessary that you take out “Non-Occupying Owner” insurance.
The ABI agency is at your disposal to meet you, visit your apartment and help you define the most suitable rent per period. Do not hesitate to contact us, by phone at 01 44 63 05 10 or by email at contact@immobilier-abi.com, to ask us for information or organize an appointment.
In the context of seasonal rental, all charges (including co-ownership charges) are included in the amount of the stay (night, week, month).
If you own a rental property, the income must be declared under “Property Income”
If you have several assets, the declaration will be made under the heading “Industrial and Commercial Profits”.
For more information, you can contact your tax center, or make an appointment with one of our specialized advisors.
Ideally, you should have a lockable cupboard to store your personal belongings. We have never had any negative feedback about thefts or attempted thefts of personal belongings.
II – The planning
As part of rental management, the ABI agency fully manages your schedule and allows you to stay informed by consulting it on our site where our managers update it in real time.
You can of course contact us by email or telephone to ensure the availability of your apartment.
Due to the costs of cleaning and entry/exit service provider, a stay is only profitable from 4 nights. We have therefore set the minimum stay at 4 nights, in terms of maximum it is you who decide, depending in particular on the personal needs you may have for the apartment.
III – The reservation
The clients are mainly tourists from all over the world. However, thanks to our files, we also work with large companies for executives on the move or on assignment, expatriates, etc.
Do not hesitate to contact our managers who will be happy to assist you in these steps.
Price also plays a key role. With demand increasing, there is a real price war and positioning oneself on amounts
We strongly advise you not to cancel a reservation. The latter represents a serious commitment, especially when it was made via a platform. The latter, as well as the tenant, are entitled to attack and request compensation. In addition, this will earn you negative comments that will make you lose future reservations.
Does the tenant pay a deposit?
Yes, the latter must be agreed with the manager when signing the mandate.
