Paris is one of the most popular places in Europe to rent an Airbnb, with 95,000 rentals available. Paris never fails to capture the hearts of tourists, and many now choose to stay in a home-away-from-home holiday rental. But renters may soon be disappointed: the city is cracking down on Airbnbs and other rental companies.
The French government passed a law in May 2024 making it harder to rent out properties on Airbnb for short-term lets. The ruling received cross-party support and Paris is the first municipality to roll it out. Right now, there are 95,461 Airbnb listings in the city, of which 89.
3 per cent are entire properties, compared to just 9.5 per cent private rooms and 0.4 per cent shared rooms, Inside Airbnb data reveals.
Paris has a system for leasing apartments commercially. But 20 per cent of lets don’t have licences, making them illegal - and it’s these that Paris hopes to crack down on. Rental agencies dominate the short-let booking platform, as 31.
7 per cent of in Paris have multiple listings. The top two hosts, in fact, are international property companies: Blueground has 781 entire home/apartment listings, and Veeve has 533. Meanwhile, the third largest host in Paris is Pierre De WeHost, a concierge service.
From 1 January 2025, Paris will be handing out fines to unlicensed hosts. If properties have an illegal change of use, owners could be fined up to €100,000 outright. Likewise, any concierge services - often used by homeowners to manage bookings - co.