LMNP in Paris: investing, amortizing, declaring and getting support in 2025
paris remains an essential city for real estate investment, and the LMNP status (Non-Professional Furnished Renter) It attracted many investors. Thanks to its economic, university and tourist attractiveness, the capital offers real return opportunities, provided you are familiar with the specific rules, the taxation, the most interesting areas and adapted accounting support.
That you are considering to buy an LMNP property in Paris, to opt for A new program, An opportunity or to exploit your home via Airbnb, here's everything you need to know to make your project a success.
Why invest in LMNP in Paris today?
Investing in LMNP in Paris allows you to benefit from:
- Of a constant rental demand, especially student and professional;
- Of a secure performance thanks to the scarcity of furnished furniture;
- Of a high asset value in the long term;
- Of a very advantageous fiscal framework, especially with amortization.
In 2025, the furnished apartments in Paris remain a safe haven, with strong rental tension in the majority of districts, especially in the 13th, 15th, 19th and 17th districts.
Buying an LMNP property in Paris: old, new or used?
You can invest in LMNP in Paris via several options:
- Former LMNP : ideal for those who want to buy a property that is already rented furnished, or to be renovated. Very useful if you are collaborating with a Property purchase and renovation agency in Paris for LMNP.
- New LMNP or LMNP program in Paris : these properties, often in student or service residences, allow simplified management via a commercial lease.
- Used LMNP in Paris : a property that is already used furnished, often sold with an ongoing lease. Practical to benefit from immediate profitability.
LMNP student or tourist residence in Paris: what opportunities?
Two markets are particularly promising in Paris:
- LMNP student : the capital attracts more than 600,000 students every year. Investing in a LMNP student residence in Paris is a safe strategy, especially in southern districts (Paris 13, Paris 14) or close to schools (Paris 5, Paris 11).
- Tourist or senior residences : in more central neighborhoods or in the suburbs, LMNP residential services programs offer unconstrained management with commercial lease.
Where to invest in LMNP in Paris: the best districts
Here are the key areas for good LMNP performance in Paris :
- Paris 13th and 14th : proximity to universities, good opportunities in old or new LMNP.
- Paris 19th : a changing neighborhood with more accessible prices, highly sought after by young workers.
- Paris 11th and 12th : lively neighborhoods, strong rental demand.
- Paris 17th : residential and profitable, ideal for a LMNP colocation.
- Close suburbs : Montreuil, Ivry-sur-Seine, Levallois or Boulogne-Billancourt.
🔍 One apartment hunter specialized in LMNP in Paris can help you identify the best opportunities.
A solid rental market in Paris in LMNP despite a high price
Paris remains one A safe bet for real estate investment, despite a high average price per square meter, estimated at €10,200 in January 2025 according to the latest figures from the Notaries of Grand Paris. In some central districts such as the 6th or 7th, the square meter exceeds €13,000, while sectors such as the 19th or 20th still offer opportunities around €8,000/m².
On the rent side, rental tension remains extremely high, especially for small areas and furnished properties close to transport or student centers. A well-located studio can be rented between 800 and 1 200 €/month, generating a gross yield around 3 to 4%, or even more in furnished rentals optimized at the real regime. In addition, Paris concentrates a strong international demand, making the status LMNP particularly interesting for non-resident or expatriate investors.
Comparative: Paris versus major French cities in 2025
CITYAverage price per m²Average rent for a studioRental TensionEstimated Gross Yield Paris10 200 €950 €Very Strong3 to 4% Lyon5 400 €650 €650 High 4 to 5% Toulouse 3 800 €550 €550 €High €550 €550 €High 4.5 to €550 €High €4.5 to €550 €High 4.5 to €5.5% Nantes4,100 €580 €High 4 to 5% Nice5 100 €620 €Moderate to Strong 3.5 to 4.5% €Moderate to Strong 3.5 to 4.5%
LMNP and Airbnb in Paris: authorizations and rules to respect
Rent in Airbnb in Paris under LMNP status is possible, but very supervised:
- You can rent up to 120 days/year your main residence;
- To rent a secondary property, you must obtain a change of use authorization and offer a property in compensation for residential use.
The City of Paris actively controls short-term rentals.
LMNP tax regime in Paris: micro-BIC or real regime?
There are two tax options available to you:
Micro-Bic
- Lump sum reduction for 50% on rents.
- Simplicity, but Not very interesting in Paris because of the high loads.
Real regime
- Deduction of real loads (works, management, insurance, interests).
- LMNP amortization in Paris very advantageous: makes it possible to neutralize the taxation on rent.
👉 Use our LMNP simulator to compare the two regimes.
Depreciation in LMNP in Paris: rules and criteria
En Real regime, depreciation is one of the biggest advantages:
- Depreciation of real estate (excluding land) over 25 to 30 years;
- Depreciation of furnishings over 5 to 10 years;
- Field ventilation in Paris to be well estimated (often 20 to 30% of the price)
📍 Need help? Qlower accompanies you in Calculation and breakdown of LMNP depreciation in Paris according to the criteria of specialized accountants.
Estimate and declare the CFE LMNP in Paris
La Business Property Assessment (CFE) is mandatory as soon as you rent a furnished apartment.
- Minimum CFE in Paris : between €223 and €500 depending on the district (e.g. CFE Paris 75012 for LMNP).
- You must declare your activity in 60 days using form 1447-C.
👉 Qlower helps you Estimate and declare the CFE LMNP in Paris, in connection with the SIE Paris 10th or 19th, according to your sector.
Declare your LMNP activity in Paris: registry office, SIE, AGA
Mandatory steps for Declare an LMNP in Paris :
- Activity statement (form P0i) with the Registry of the Paris Commercial Court ;
- Choose your tax regime (micro-BIC or real);
- Join a Chartered Management Association (CGA) in Paris if you are in real life;
- Declare your property to Property tax center.
Which chartered accountant or specialized firm LMNP in Paris should you choose?
In Paris, the LMNP specialized accountants are numerous, but prices and quality vary:
- LMNP accounting firm in Paris online: efficient, economical, ideal for simplified real regimes;
- Chartered real estate accountant Paris : to be preferred if you have several assets or complex transactions;
- Example: Qlower Offers you a LMNP support in Paris 100% online, from 269€ HT/year, with all statements included.
LMNP support and management in Paris: how Qlower helps you
Qlower your expert in LMNP accounting Propose a full LMNP support in Paris :
- Creation of the activity (P0i, SIE, AGA, transplant);
- Accounting and amortization calculation ;
- Automated tax reporting ;
- Follow up on your rental income, CFE, Real regime or Micro-Bic
FAQ
Can you rent an LMNP property on Airbnb in Paris?
Yes, but only your main residence, or with specific authorization if a secondary residence.
What is the best district for an LMNP student in Paris?
Paris 13th, 14th, 5th and 11th are highly sought after by students.
What is the average amount of the CFE in Paris for an LMNP?
Between €223 and €500, depending on the address and the activity declared.
What is the amortization period in LMNP in Paris?
25 to 30 years for the property, 5 to 10 years for the furniture.
Do you have to go through an LMNP accounting firm in Paris?
Yes if you are under real regime, or to optimize your taxation with amortization.
Is Qlower an LMNP accounting firm in Paris?
Qlower is an LMNP specialized online platform that collaborates with chartered accountants in Paris, and insures the complete LMNP fiscal and accounting management.
To make the right choices, it is strongly recommended to be accompanied by an expert in real estate taxation. No more tax headaches and time to optimize your personal and asset situation.
Qlower is there to best guide you according to your situation! Do not hesitate to make an appointment with one of our experts!
