At first sight, it seems too good to be true. Your dream house in Provence doesn’t only enable you to enjoy a relaxing vacation, but it will also help you earn money. You may want to know the answer to some of these questions: What are the hidden costs? How much is the agency fee? What are the additional tax rates? What is the cost/benefit balance?
To obtain accurate answers to these questions, you will find a sample calculation of an average Provence house with an estimated 20 weeks of rental annual income.
Approximate and Non-Binding Calculation
Type of house:
120 square meters, 3 bedrooms, 2 bathrooms, kitchen, pool, garden, located in in L’Isle-sur-la-Sorgue
20 weeks of rental
13 bookings with an average of 4 persons per week
Average total: 1300 euros per week
12 basic service packages at 110 euros per month (open doors, empty mailbox, forward your mail, control water, electricity, gas, technical devices. Every visit will be logged, any incident noted)
advertisement in prime internet search portals, management booking requests, management booking calendar, all related correspondence and operations
13 services with face-to-face greeting, house cleaning and laundry, weekly pool keeping (20 weeks)
Estimated balance (pre-tax)
26.000 euros income p.a.
9.610 euros expenses p.a.
16.390 euros income before taxes
Please keep in mind the rates vary for different types of holiday houses. The example house here is estimated at an additional expenditure of 400 euros per month for taxes and ground costs (Taxes d’habitation, taxes foncieres, insurance, internet, electricity, water.)
We will calculate every house for you, individually.