2024 Olympic Games: can you sublet your accommodation at a higher price than the rent?

You are a tenant in the Paris region and plan to flee the capital during the Olympics ? You may have considered subletting your accommodation during the Paris Olympic Games (July 26 to August 11), to pay for your next vacation. If the prices of overnight stays during the Olympics have fallen significantly in recent months, Last minute bookings could well push prices up between now and the start of the competitions. But be careful, if the subletting is not prohibited but it is strictly supervised. Here’s what you need to know before subletting your home.

Let’s start by clarifying that you must obtain written consent from your landlord to be able to sublet your apartment. Concretely, you must make an authorization request by registered letter and sent with acknowledgment of receipt to your landlord. The latter must also give his authorization on the amount of sub-rent that you want to apply. But be careful, do not hope to make a profit by subletting your property since according to the law of July 6, 1999 tending to improve the rental reportsthe amount of the subrent cannot be greater than that paid by the tenant.

>> Our service – Estimate the price of a property (immediate, free and without obligation)

The sub-rent cannot exceed your rent

In other words, if you sublet your accommodation on Airbnb, the amount that your activity will generate cannot exceed that of the rent of the property. For example, if the rent for your Paris apartment is 1,000 euros, your monthly income generated on Airbnb should not exceed this amount. “In the event of non-compliance with these rules, the lessor may, in addition to requesting the end of the lease, obtain reimbursement of the income received by his tenant and claim damages.», Warns Louis du Merle, legal director of the National Agency for Housing Information (Anil). Please note that these rules do not apply in the social park, where subletting is strictly prohibited.

Furthermore, in general, whether you are a tenant or an owner, renting a property on Airbnb implies respecting the neighborhood and not causing any disturbance. Also remember to check the regulations of your co-ownership as well as the internal regulations of your building before renting your property. Certain regulations indeed contain specific rules which concern short-term rental. Please also note that if you sublet your main residence, you cannot offer your property on Airbnb for more than 120 days per year, regardless of the location of your property. accommodation. Finally, remember that income linked to subletting is taxable, and must therefore be declared to the tax authorities.