{"id":1632,"date":"2018-06-27T12:07:08","date_gmt":"2018-06-27T12:07:08","guid":{"rendered":"https:\/\/gregorydamy.niceavocats.fr\/?p=1632"},"modified":"2023-08-15T10:30:04","modified_gmt":"2023-08-15T10:30:04","slug":"impacts-and-considerations","status":"publish","type":"post","link":"https:\/\/gregorydamy.niceavocats.fr\/en\/impacts-and-considerations\/","title":{"rendered":"Impacts of the new law on housing, development and digital development."},"content":{"rendered":"

[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.19.5″ custom_margin=”||0px||false|false” custom_padding=”15px||0px||false|false” locked=”off” global_colors_info=”{}”][et_pb_row column_structure=”1_3,1_3,1_3″ _builder_version=”4.19.5″ _module_preset=”default” background_enable_mask_style=”on” background_mask_style=”wave” background_mask_color=”rgba(0,0,0,0.08)” custom_padding=”||6px|||” locked=”off” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.19.5″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.19.5″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.19.5″ _module_preset=”default” global_colors_info=”{}”][et_pb_circle_counter title=”Estimated reading time (in minutes)” number=”2″ percent_sign=”off” _builder_version=”4.21.0″ _module_preset=”default” title_font=”Amiri||||||||” max_width=”137px” global_colors_info=”{}”][\/et_pb_circle_counter][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.19.5″ _module_preset=”default” custom_margin=”||0px||false|false” custom_padding=”||0px||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.19.5″ _module_preset=”default” global_colors_info=”{}”][et_pb_divider _builder_version=”4.19.5″ _module_preset=”default” custom_margin=”||7px|||” global_colors_info=”{}”][\/et_pb_divider][et_pb_image src=”https:\/\/gregorydamy.niceavocats.fr\/wp-content\/uploads\/2023\/08\/home-5574911_1280-2.jpg” title_text=”home-5574911_1280-2″ _builder_version=”4.21.0″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.21.0″ text_font=”Amiri||||||||” header_2_font=”Amiri||||||||” background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

Impacts and Considerations The law on housing, development and digital development introduces significant changes that impact the\u00a0<\/span>right of individuals to rent accommodation<\/span><\/a>\u00a0throughout the year.\u00a0Our expert in real estate law will decipher these changes for you.<\/span><\/p>\n

The regulation on short-term rentals: limiting rental durations<\/span><\/h2>\n

Under the new legislation, the ability for individuals to rent accommodation for 365 consecutive days will be limited.\u00a0Instead, a maximum limit of 120 days per year for such rentals has been established.\u00a0This adjustment has prompted seasonal rental platforms such as Airbnb, Le Bon Coin and Abritel to put in place measures to comply with the new regulations.\u00a0These platforms now block rentals that exceed 120 consecutive days.<\/span><\/p>\n

Impacts and Considerations: Effects on Rental Platforms and Market Dynamics<\/span><\/h2>\n

This system was put in place at the end of 2018 and the penalties for non-compliance are substantial.\u00a0Private owners can incur fines ranging from 5,000 to 10,000 euros, while rental platforms can be fined between 10,000 and 50,000 euros.\u00a0Given the large number of listed properties, these fines could have a significant financial impact on intermediaries.\u00a0However, it is important to note that these restrictions currently only apply to primary residences, allowing owners of secondary residences or bed and breakfasts to retain their freedom of rental duration.<\/span><\/p>\n

Nevertheless, it is foreseeable that this type of rental will become less profitable over time due to the dissatisfaction of hotel professionals who have suffered a substantial loss of market share.\u00a0While the law aims to strike a balance between the sharing economy and traditional hotel providers, the limitations on short-term rentals indicate a shift in favor of the latter.<\/span><\/p>\n

If you would like to share your thoughts on this article from our legal blog or have any questions about it, we encourage you to contact us.\u00a0Our team is available to provide free consultations and answer all your questions.<\/span><\/p>\n

DAMY Law Firm<\/span><\/a><\/p>\n

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Impacts and Considerations The law on housing, development and digital development introduces significant changes that impact the\u00a0right of individuals to rent accommodation\u00a0throughout the year.\u00a0Our expert in real estate law will decipher these changes for you. The regulation on short-term rentals: limiting rental durations Under the new legislation, the ability for individuals to rent accommodation for […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"The law on the evolution of housing, development and digital, aims, in particular, to limit the right for an individual to rent accommodation 365 days in a row. Decryption by your expert in real estate law.\r\nIndeed, this possibility will be limited to a maximum of 120 days per year and this is what seasonal rental sites such as airbnb, le bon coin or Abritel\u2026 have started to set up. There is now a blocking of rentals from the moment they exceed 120 consecutive days or not. The system is in place by the end of 2018.\r\nIndeed, the fines incurred are high: from 5,000 to 10,000 euros for private owners and from 10,000 to 50,000 euros for rental sites!\r\nGiven the number of properties listed, the bill could be steep for these intermediaries. However, this great initiative has limits since it will only apply for the moment to main residences, leaving full freedom to owners of secondary residences or guest rooms.\r\nHowever, we can suspect that this form of rental will gradually become much less profitable given the anger of hotel professionals who are losing a significant share of market share!\r\nIf you would like to comment on this article from our legal blog or ask us questions free of charge on this subject, do not hesitate to contact us.","_et_gb_content_width":"","footnotes":""},"categories":[309],"tags":[],"class_list":["post-1632","post","type-post","status-publish","format-standard","hentry","category-real-estate-law"],"yoast_head":"\nImpacts of the new law on housing, development and digital development. - Soci\u00e9t\u00e9 d'avocats Damy<\/title>\n<meta name=\"description\" content=\"Impacts and Considerations the law concerning housing, development, and digital evolution introduces significant changes\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gregorydamy.niceavocats.fr\/en\/impacts-and-considerations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Impacts of the new law on housing, development and digital development. - 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