Where to invest in LMNP in 2025? The best cities to make your furnished apartment profitable
Investing in LMNP (Non-Professional Furnished Rental Company) is a particularly popular strategy for Building up a heritage, generate tax-optimized rental income and benefit from a flexible and advantageous regime. But you still need to know Where to invest in LMNP to maximize its profitability and ensure its liquidity in the event of resale.
Some cities stand out for their rental dynamism, their economic attractiveness, or their strong demand for furnished rentals (LMNP). Here are the criteria to take into account And the Cities to focus on in 2025 for a successful LMNP investment.
Why is choosing the right big city crucial in LMNP?
The LMNP status allows you to amortize your property and its expenses (at Real regime) or to benefit from a lump-sum allowance (Micro-Bic). But the Overall profitability depends above all on the city chosen : rental demand on the furnished rental market, market tension, local taxation (Property tax), price trends, etc.
A good LMNP investment must combine:
- One strong rental demand on furnished rentals (students, young workers, tourists, senior residences, people in professional mobility),
- One good market tension (cities where supply is lower than demand),
- One consistent purchase price with the potential rent,
One economic attractiveness and future urban projects
What criteria should you analyze in order to invest well in LMNP?
Before targeting a city, ask yourself the right questions:
- The Price per m² is it compatible with the current rents?
- Is the property in question located in a zone eligible for the Pinel/Denormandie zoning (for a plan B) if the furnished rental does not work?
- The target audience is it active? student? on the move? senior? or roommate?
- Is the sector and the location chosen good served by transport ?
- La Is the rental vacancy low ?
Is it easy to practice long term furnished rental or seasonal or Mobility lease ?
Where to invest in LMNP in 2025? Our selection of the most attractive cities
- Strong demand for student and professional rentals
- A dynamic and well-served metropolis
- Neighborhoods such as Part-Dieu, Guillotière or Villeurbanne are very sought after.
- Net profitability around 4 to 5%
- Quality of life, employment pool and population growth
- Very good price/profitability compromise
- Neighborhoods like Dervallières, Zola or Île de Nantes
LMPN in Nantes
- Major university center + proximity to Paris, Brussels
- Stable rent, low rental vacancy
- Ideal for furnished roommates
- Beware of high prices in the hypercenter
- Good potential in neighborhoods undergoing reconversion (Bastide, Bègles)
- Preferred: Real LMNP to absorb the fiscal impact
- 4th largest city in France, strong growth and aeronautical ecosystem
- Excellent investment/profitability ratio
- Neighborhoods: Rangueil, Saint-Cyprien, Cobbled Coast
- Very strong rental demand but high purchase prices
- Low return, but high asset potential
- Prioritize student studios or renovated service rooms
LMNP in Paris
Secondary cities with high potential - from €1,676 to €5,100 per m²
- Angers, Clermont-Ferrand, reims, Dijon, La Rochelle, Tours, Tours, Poitiers, Poitiers, Orleans, Angoulême : less tight market, but higher efficiency
- To watch for properties under €150,000, adapted to the LMNP
What type of property should be preferred in LMNP according to the city?
City typeWell recommended idealStudent cityStudio or T2Students, young workersTouristic cityT2/T3 furnished apartmentTourists, digital nomadsTertiary cityT2-T3 near train station or tramwayExecutives, employees on missionSecondary citySmall investment buildingColocation, couples MAKE AN APPOINTMENT
Should you invest in a managed residence or in a traditional rental?
Two possible options:
- Classic furnished rental : more freedom, better gross profitability, easier to choose a location, and better liquidity at the exit but requires management independently or through an agency.
- Managed residence (student, senior, business) : ideal if you are looking for an investment turnkey, with guaranteed rents. Attractive taxation, especially if you get back the VAT on the purchase (LMNP Censi-Bouvard status or actual amortization).
Optimize your LMNP taxation according to location
If you invest in a city in moderate rental yield (like Paris, Bordeaux), prefer the Real regime to benefit from accounting depreciation of the property and erase rental income.
In cities with high gross yield (> 6%), the Micro-Bic may be sufficient if the charges are low (50% flat rate reduction).
Use our LMNP micro-BIC or Real simulator to choose the right diet.
Should we prefer the real diet or the micro-BIC?
LMN diet for whom? Main tax advantageMicro-BicIncome < 77,700€/year Flat rate of 50%Real regimeSignificant charges or bank loanDeduction of expenses + amortization
💡 On average, 70% of LMNP real estate investors do not pay any tax on their rents for the first few years.
Where to invest in LMNP depends on your wealth strategy
Choose Where to invest in LMNP isn't just looking at a map or following trends. It is necessary cross your goals (profitability, taxation, assets) with the local dynamics of the real estate market.
👉 Need help choosing the city, property, or the right LMNP tax regime? Les Qlower experts accompany you in your furnished investment strategy, from simulation to tax declaration.
FAQ
Can you invest in LMNP in a city with less than 100,000 inhabitants?
Yes, provided there is a Sustained rental demand (students, employment area, tourist attractiveness) or very specific such as professionals on the move or on an industrial project with a large flow of people over a period of the year.
What is the best city to rent furnished students?
Lille, Lyon, Toulouse, Montpellier, Montpellier, Montpellier, Rennes or La Rochelle offer a high student population, with sustained demand for furnished studios or one-bedroom apartments.
LMNP: should you prefer an old or new property?
Both are possible. The nines can allow delegated management in a service residence, theformer allows for more flexibility and often a Lowest price per m². The possibility of doing work also offers many advantages to optimize the rental, such as the division of a property into several T1 or the sharing of shares.
Can LMNP and Pinel or Denormandie be combined?
No The LMNP is about furnished rentals, while Pinel and Denormandie apply to Naked location.
What tools should you use to compare cities?
Tools like MeilleursAgents, SeLoger or the Qlower simulator LMNP [CTA Create a QOWER account] allow you to estimate profitability, purchase prices, and the right tax regime to apply.
How much does Qlower support cost for a real LMNP?
Qlower offers a accounting package at 269€ TTC/year, including real-time monitoring of your cash flow, expenses, tax declarations And a online space to track your performance.
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 your expert in LMNP accounting is there to best guide you according to your situation! Do not hesitate to make an appointment with one of our experts!
