What does a holiday rental in Paris earn?
On stock Terrivio tracks, gross yield in Paris is typically 4–6% and net yield 1.5–3% after operating costs and purchase costs. The gap is the whole story: platform fees, cleaning, management, energy, insurance, community charges and local tourist tax often absorb 35–50% of gross revenue.
Worked example: a property at €480,000 let at €185 per night with 52% occupancy books about 190 nights and €35,150 of annual revenue (7.3% gross yield). After 28% variable costs and €6,200 of fixed costs, NOI is about €19,108 — 3.7% net on a total investment of €518,400.
Seasonality — do not annualise a peak week
Paris fills most months except a soft August and early January. The constraint is legal nights, not demand: a secondary home without change-of-use cannot legally be a full-time Airbnb.
A spreadsheet with 200 booked nights in a Paris secondary home is usually a compliance fantasy. Put the night cap in the occupancy field of the calculator (120/365 ≈ 33% even at 'full' legal use) before you talk about yield.
Purchase costs and tax in Paris
Budget about 8% above the asking price for acquisition costs in France. Main item: ≈7–8% notary & duties (resale) · 2–3% (new-build). These costs are gone on day one — that is why Terrivio divides NOI by total investment, not by asking price.
Rental income falls under micro-BIC (30% allowance for unclassified rentals, capped at €15,000; 50% for classified) or the réel regime with depreciation (LMNP). Social charges of 17.2% apply on top of income tax for non-residents.
Tourist tax: €0.65–15 per night + 10–25% departmental surcharge. Usually collected from guests, but it still sits inside your competitive nightly rate.
Short-term rental rules in Paris
Every meublé de tourisme needs a registration number. Primary residences: 120 nights (mayors can cut to 90). Secondary homes in Paris generally need a change-of-use permit, often requiring compensation (buying an equivalent residential surface). Enforcement is active.
Country overlay (France): Every meublé de tourisme needs a registration number. Primary residences may be let 120 nights a year (mayors can cut this to 90); secondary homes in Paris and many large cities require a change-of-use permit, often with compensation.
Popular towns include Le Marais, Saint-Germain, 11e, 18e and Boulogne. Each has a different seasonality and licence map — Terrivio scores regulation for the exact city on a listing analysis.
How to calculate yield in Paris
- Estimate annual revenue. Use a blended ADR and annual occupancy, not a peak-week rate. Booked nights = 365 × occupancy. Then revenue = ADR × booked nights.
- Subtract operating costs. Variable costs (platform, cleaning, management) plus fixed costs (insurance, utilities, community fees, maintenance). A starting point in Paris is 28% variable plus the fixed costs in the calculator.
- Add purchase costs to the price. Include transfer tax, notary, registry and agency — about 8% in Paris.
- Divide NOI by total investment. That is net yield. Compare it with your mortgage rate and with a long-term rental fallback before you bid.
Frequently asked questions
Is a holiday home in Paris a good investment in 2026?
It depends on licence, micro-location and whether you need the weeks yourself. Typical net yields are 1.5–3%. Always underwrite net, never gross, and never assume a peak-week rate runs 365 days.
How do I calculate rental yield in Paris?
Net yield = (annual revenue − variable costs − fixed costs) ÷ (purchase price + acquisition costs). Annual revenue is ADR × 365 × occupancy. The calculator on this page does that with Paris defaults.
What are purchase costs in Paris?
Plan about 8% of the price: ≈7–8% notary & duties (resale) · 2–3% (new-build), plus notary, registry and any agency fee.
Do I need a licence to let in Paris?
Every meublé de tourisme needs a registration number. Primary residences: 120 nights (mayors can cut to 90). Secondary homes in Paris generally need a change-of-use permit, often requiring compensation (buying an equivalent residential surface). Enforcement is active.