What is medium-term rental?

Medium-term rentals represent an attractive alternative to short- and long-term rentals. Extended stays in Nice offer many advantages, yet they remain relatively underdeveloped compared to classic seasonal rentals. What does it actually mean? Medium-term rentals are for stays of between 1 and 10 months, whereas long-term rentals are for more than a year. Beyond this legal time limit, you need to change tenant or switch to a classic rental contract. This specific, non-renewable rental contract framed by the mobility lease was introduced by the ELAN law in 2018.

Who is this type of rental for?

Generally speaking, medium-term rentals are of interest to professionally mobile people and those who know a temporary change of situation. For example, since the outbreak of the coronavirus, telecommuting has become widespread, with some people deciding to go away for a few weeks while still teleworking. So-called digital nomads, employees who can work remotely or freelancers sometimes stay in another city or abroad for a change of scenery. This context has reinforced the potential of the mobility lease in Nice. More specifically, here are the profiles of tenants likely to medium-term stay :

Those in vocational training;
Students in higher education ;
Apprentices who have signed an apprenticeship contract ;
Trainees ;
Civic Service volunteers ;
Employees changing jobs ;
Temporary workers ;
Digital nomads.

How to rent your home on a medium-term basis?

The first step in putting a property up for medium-term rental is to create or adjust the parameters of a Airbnb ad to attract this specific clientele. First of all, we need to adjust the minimum length of stay to 28 nights. Secondly, the title and description must clearly indicate that this is a mobile home.

Owners of a principal residence as well as a second home can offer their medium-term housing. The accommodation must be sufficiently equipped and furnished with comfortable furniture to satisfy the occupants.

The rates to be determined are inevitably lower than for a classic seasonal rentalbut income in excess of long-term rental. They depend on a number of factors, including the size and location of the property.

Why outsource the management of your medium-term rental?

Our Airbnb concierge service takes care of the complete management of your medium-term rental so you can save time while providing tenants with optimum service.

Medium-term rentals require less time and investment, since arrivals and departures are much less frequent. As a result management fees in comparison with short-term rentals.

Our team of experts, with their knowledge of the Nice real estate market optimize your rental price and occupancy rate. You'll get regular rental income and therefore greater financial stability. Short-term rentals, on the other hand, generate fluctuating revenues that are harder to predict, since they depend on the time of year and demand.