LMNP in Paris: What the New Rules Mean for Furnished Property Owners
29 January 2026
The Loueur en Meublé Non Professionnel (LMNP) status has long been a cornerstone of furnished rental investment in France, and particularly in Paris real estate. For many property owners and international investors, LMNP has offered a flexible way to generate rental income while benefiting from favourable tax treatment on furnished rentals in Paris. Recent legislative changes — with further adjustments coming into effect in 2026 — are reshaping how the LMNP framework applies in practice. While LMNP is not being abolished, its advantages for furnished rentals in Paris are evolving, particularly for short-term rentals, long-term furnished leases, and resale planning. If you own a furnished rental in Paris, or are considering buying an LMNP property, here is what you need to know.