LMNP remains a central French tax framework for furnished letting, but the rules differ significantly between long-term rentals and classified or unclassified tourist accommodation.
Who qualifies as LMNP?
Furnished letting is non-professional where at least one of two conditions is met: annual household furnished-rental revenue is below €23,000, or that revenue is lower than the household’s other earned income. The test applies at household level.
2026 micro-BIC rules for short stays
For unclassified tourist accommodation, micro-BIC applies up to €15,000 of revenue with a 30% allowance. For classified tourist accommodation or guest rooms, the 2026 ceiling is €83,600 with a 50% allowance. Above the relevant threshold—or by election—the actual-expense regime applies.
The actual-expense regime
This regime allows documented expenses and, subject to conditions, depreciation of the building excluding land, furniture and certain works. Accounts and a tax return are required. Qualifying LMNP losses are generally carried against LMNP income for the following ten years.
Registration and other taxes
The activity must be registered through the French one-stop business portal to obtain a SIRET number. CFE business tax, social contributions and VAT may apply depending on the facts. Short-term letting also requires checks on town-hall registration, registration numbers, change-of-use rules and co-ownership restrictions.
Why classification needs modelling
Official tourist classification can change the micro-BIC treatment and improve commercial clarity, but does not automatically make micro-BIC preferable. The correct choice depends on actual costs, interest, works and the intended holding period.
This article is for general information only and is not personalised tax advice. The applicable rules depend on the property classification, revenue and the taxpayer's circumstances. Seek advice from a French chartered accountant.
ALPÉON offers a lease with guaranteed rent: the owner’s income is contractually defined and does not depend on bookings or the operator’s commercial performance. ALPÉON provides rent records, while the choice and administration of the LMNP tax regime remain matters for the owner and their tax adviser.