Unfurnished rental

An unfurnished rental consists of providing an empty (unfurnished) property to a tenant, who then furnishes it with their own furniture. Regulated by the law of 6 July 1989, it offers landlords a stable and protective legal framework, while meeting high rental demand.

🎯 Objective for the investor

• Generate regular rental income with taxation under the actual or micro-property regime.

• Benefit from a clear legal framework that is conducive to long-term management.

• Build up a sustainable asset base that is suitable for transfer.

✅ Advantages of the unfurnished rental

• Broad market: unfurnished primary residences remain the most common type of rental property in France.

• Tax framework: option to choose between the micro-property regime (30% flat-rate allowance) or the actual regime (deduction of expenses, renovation costs, loan interest).

• Stability: 3-year lease (individuals) or 6-year lease (legal entities), offering greater visibility on income.

• Easy transfer: can be held in your own name or through an SCI (property investment company).

⚠️ Points to watch out for

• Less favourable tax treatment than furnished rentals (LMNP/LMP), especially for investors subject to high taxation.

• Longer rental commitment period.

• Renovations and maintenance are the responsibility of the landlord.

• Yields are often lower than for furnished rentals, but more stable.

👤 For which investor profile?

Furnished rentals are particularly suitable for:

• Investors seeking legal certainty and a stable income.

• Households taxed at an average marginal rate or wishing to deduct significant expenses via the actual regime.

• Wealth investors aiming for the long term and inheritance.

📅 Duration and taxation

• Lease term: 3 years renewable (lessor is a natural person), 6 years if the lessor is a legal entity.

• Taxation:

  • Micro-property tax if income < €15,000 (30% allowance).

  • Actual tax regime allowing deductions for expenses, loan interest, renovation work, property tax, etc.

👉 In summary: unfurnished rentals remain a classic and secure property strategy. They provide a regular income, benefit from a stable legal framework and allow you to prepare for the transfer of your assets. Although less profitable than furnished rentals in the short term, they appeal to investors seeking long-term stability and security.

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