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Long term vs. Short term lets

French lets typically come in two types.  The long term, unfurnished let and the short term, furnished let.  Each type of let will come with its own unique type of renter.

With the long term let, you will generally find your prospective tenants to be individuals and families looking for a home.  They are citizens and permanent residents of France and work somewhere nearby.  They may or may not speak a second language, so if you are a foreign investor you will need to consider communication.  Long term renters will be looking for a good home with the space and facilities for living daily life.  Letting to this type of renter is a long term commitment and will require extensive background checks to ensure they are the type of people you want living in your property.

With the short term let, you will generally find your prospective tenants to be business travelers or families on holiday.  They may be residents of almost any country depending on where you have advertised.  Short term renters will be looking for a great holiday location which is convenient to shopping, dinning and attractions.  They will also be looking for amenities that provide all the comforts of home and maybe even some luxury.  Letting to this type of renter requires very little commitment and risk on your part as they will not be in the property very long and may even be paying all of the rent in advance, but do not get lax in your background check.  They will still have full access to your property and furnishings, so you will want renters who are respectful and trustworthy.

by Cheryl Hartzman, AboutFrenchProperty.com - Copyright © About French Property

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