A guide for holiday home owners from cotedazurrental.com in association with jmlvillas.com when letting out their Self Catering Holiday Vacation Home in the South of France
In 2001 euro-rentavilla.com was established for the marketing of self catering holiday rentals.
In 2002 a new site jmlvillas.com was established and this remained in business till May 2018.
As a result of the GDPR - General Data Protection Regulations legislation coming into force in May 2018, jmlvillas.com ceased to offer an advertising service for holiday home owners.
The guide below is from information provided from the jmlvillas.com site for property owners
Make sure that the
price is competitive.
If the rental is too high it will not attract visitors. Ensure that the prices are kept up to date on your entry on jmlvilas.com (jmlvillas.com is the website that advertises your South of France holiday vacation rental property)
2) LOCAL AGENT: If you do not live near the holiday property, you must employ a good local agent who can check your visitors in and out, arrange cleaning, routine repairs and replacements, arrange linen hire or a laundry service and keep an eye on the property when it is not occupied.
The agent should be able to provide a "Welcome Pack" if you want to provide one - bottles of wine for example or more if the visitors are arriving late. You should provide your agent with the visitor's contact details and vice versa so that they can contact the agent if they are delayed or lost.
The agent can of course be a friend or relative living locally, but it should be a business relationship and the agent should be paid.
If you are letting a holiday
property in France you must provide a
written agreement. In other countries,
although it might not be a legal requirement
it is advisable so that your terms of
rental are clearly agreed.
The document need only be 2/3 pages in length and include the names of the visitors, the dates of the rental. The amount of damage deposit you are going to hold, The rental price, cancellation of rental charges. Additional costs e.g. electricity, linen hire etc.
A clause stating that if a local agent
has to meet the visitors at an unsocial
hour, then any additional costs paid to
the agent will be paid by the renter.
If it is a legal requirement in the country
concerned that the renter takes out insurance,
then add it into the agreement.
4) INVENTORY: It is essential that you have an inventory of the contents that can be checked in with your guests. Either the owner or local agent should politely point out that if the visitors break equipment, if they are glasses for example then they should replace, if it is more serious - bed, window etc, then immediately report it.
5) PROPERTY HANDBOOK: Provide a ring bound folder with some notes about the property - how the hot water system works, where the rubbish should be put, information on local shops, restaurants and attractions etc.
You must make sure that
your property is properly covered for
holiday lettings. You should advise the
insurance company that it is being let
for this purpose. In some countries (France
for example) the people renting must also
take out insurance by law, but you must
also be covered. If you are looking for
a policy visit our Insurance
7) LOCAL REGULATIONS: You should ensure that your property complies with the country regulations for safety issues.
In Britain for example a holiday home must have furniture that complies with the fire & furnishing safety regulations and displays the appropriate safety label. There are also gas and safety regulations in certain countries. If in doubt talk to the local Tourist Office in the area your property is located in.
In France, rental properties with more than 5 bedrooms are legally classified as a small hotel. Hotels are classified as public buildings requiring specific fire protection such as fire doors and officially approved smoke alarms. These regulations are enforced by the Mairie. Although there is no specific legislation for fire safety in in private properties or rental properties with less than five bedrooms in France, in any country the owner must have a duty of care to his/her guests and install basic fire protection such as smoke detectors, fire blankets and fire extinguishers. It is suggested that the emergency services numbers are included in any Property Handbooks.
Looking for Holiday homes insurance in the south of France? Click on the image below
8) TAX: It is advisable to consult an Accountant regarding any tax liability from letting out your holiday property. If the property is not the country you normally are resident in then contact an accountant in that country first. Many countries have Tax treaties with other ones, but the issue is very complex and the Tax Authorities do have ways of finding out about properties that are being let out.
See also: Taxe
de séjour and Tax
Declarations in France
These are two most important areas for
owners to take note of.
9) AVAILABILITY: Ensure that the Availability dates are kept up to date on your entry on jmlvilas.com
10) PAYMENT OF RENT: Do take great care when accepting rental payments. Some people are able to accept credit card bookings, but for the majority they are dependent on payment by bank transfer or when the guests arrive. See Accepting Payments in Euros can prove Expensive
Take great care — if someone is making a booking well into the future, the ideal situation is to obtain a booking deposit at the time of booking and the balance two months before they are due to arrive. Stipulate those terms in your rental agreement and also on any printed booking forms.
11) PRE - LETTING CLEANING: -Make sure the property is clean and tidy before the guests arrive. At jmlvilas.com we have received complaints that the property was dirty and even someone still in there when a guest arrived in the early afternoon. Make arrangements to have the property cleaned thoroughly in between lets and if it stays vacant for a while between a let, have it cleaned before the new guests move in.
12) SWIMMING POOLS: Remember that many countries nowq have specific rules for swimming pools (alarms / fencing in France). Ensure you are properly insured, arrange for a regular maintenance contractor to check it and if it is a Communal pool remember to advise your renter guests that it could be closed for a maintenance project during their stay. There are occasions when they have to be drained or re-tiled and will be out of use for several days)
13)RECORD KEEPING FOR PROPERTY OWNERS: As a property owner ou are required to maintain complete records of all expenses incurred and the income received from your properties. This means that you must hang onto every relevant receipt and keeping details of any personal assets you used for the property business. An example of this would be to note down the details of all journeys you make concerning your property's business, the portion of your home used to process related paperwork and time spent on your computer carry out work for the property.
You should retain all bank statements and all records have to be retained for five years after the tax return filing date. Any receipts regarding property improvements should be kept for six years after the end of the tax year in which the property is sold. If you don't keep tax related records you could face a UK fine of £3,000. See also Tax Declarations in France
Please note this guide has been compliled from experience and jml Property Services takes no responsibility for the accuracy of its content. jml Property Services taks no responsibility for any bookings or dealings between a renter and a property owner.
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