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All You Need to Know About Rental Management in rue Saint-Honoré in Paris

Rue Saint-Honoré starts in the first arrondissement and ends in the eighth in Paris. Emblematic street of the capital with a length of 1840 m, it crosses essential districts such as that of the Madeleine, the place Vendôme, the Royal Palace, without forgetting the district of the Markets. A prime location that gives you the opportunity to put your apartment on Airbnb.

Highlighting its prime location for Airbnb rentals
Explore the iconic Rue Saint-Honoré, a prime location for Airbnb rentals in Paris.

How to register on Airbnb for the rental of a property in rue Saint-Honoré in Paris?

Renting your apartment remains extremely simple thanks to the Airbnb platform. Indeed, you create an owner space from which you Indicate all the information specific to your property. Even if you're not an IT or rental management, you will have no difficulty renting your apartment. Indeed, you insert photos, highlighting your apartment. Then, you take the necessary time to write a very precise description.

Certain formulations are preferred to put the odds on your side in order to attract potential tenants. In addition, you define the rental periods yourself, because perhaps you still want to enjoy your apartment on sunny days. Of course, you set the price of the night yourself. But a preliminary market study remains necessary to obtain the best profitability. That is, a competitive price, neither too high nor too low.

When someone is interested, they contact you or make a reservation directly. For your part, you ensure his comfort by offering him the best possible welcome. That is to say that you give him the keys and do not forget to slip him the last last minute instructions. For more professionalism, introduce him to nearby places, emphasizing public transport and shops in your street.

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Why rent an apartment on rue Saint-Honoré in Paris on Airbnb?

When it comes to rentals, many landlords are turning to the traditional lease. In other words, you define a rental duration with a tenant. An interesting provision, but there are specific rules such as rent control. As a result, you cannot escape it from the moment you have a property in rue Saint-Honoré and more generally in the capital. However, you could hope for additional income considering seasonal rental.

Rue Saint-Honoré is part of a lively district, an essential place for contemporary art with many activities nearby as well as luxury shops such as jewelry stores and art galleries. But the ceiling on rents in rue Saint-Honoré represents an additional difficulty that you cannot ignore. Not to mention the need to take out unpaid rent insurance to avoid many potential inconveniences.

So why not consider Airbnb management to generate additional income? Whether it is a main or secondary residence, contact your municipality to obtain a registration number. Necessary information that you must indicate in your ad. Thus, you are no longer concerned by the reference rent of rue Saint-Honoré or the rent control in Paris. In other words, you set yourself the pricing for the night that seems most appropriate to you.

Optimization of income thanks to an Airbnb concierge with a perfect knowledge of rue Saint-Honoré

When managing your property yourself, the only charge to take into consideration is the Airbnb commission rate. With an Airbnb concierge, additional fees apply. At first glance, it is a brake on your profitability and therefore you do not want to consider this situation. However, the support of a professional remains particularly beneficial. First, a team of experts will do what is necessary to ensure that you are legal. This involves many administrative procedures, but also optimization directly on the Airbnb platform.

Representing the delegation of tenant interactions for a stress-free experience
Leave tenant interactions to the concierge for a worry-free experience.

Rather than taking your own photos, a professional photographer will travel to take different shots. They will then find themselves in the ad with a neat and attractive description. The intervention of the concierge is also beneficial so that you can have more free time. This is why you no longer have concerns in interactions with the tenant. The concierge takes care of everything, i.e. responding to messages as soon as possible, but also the reception.

Given the prime location in rue Saint-Honoré, the attractiveness is there. Moreover, the latter will be reinforced with the fast approach of the 2024 Olympics.

How to choose an Airbnb concierge for the management of a property in rue Saint-Honoré?

Now that you better understand the many benefits of Airbnb concierge, it is important to choose a trustworthy agency. In this regard, it is impossible to go wrong by setting your sights on the UpperKey concierge service. From the outset, you are supported by an expert who will be your single point of contact. A dialogue is naturally established to better understand your expectations and your needs. Once the contract is in place, you receive your income regularly, with complete peace of mind. No need to think about cleaning or general upkeep of the apartment, because UpperKey takes care of everything.

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Determine your property's rental value with UpperKey as your tenant

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