Anthony turned his renovated office into an Airbnb for travellers

Anthony has renovated an office building in Paris to be able to offer a place to stay for travellers on Airbnb.

Accommodations

  • Type of accommodations: Building with 5 identical 25 sq. m apartments2 at Opéra, available year-round.
  • Type: Commercial premises*.
  • Status: High-end accommodations, very well-equipped, beautifully decorated…
  • Price per night : 119€.
  • Minimum stay: 2 nights with the possibility of staying one night if it is available between two bookings.
  • Managed by Luckey since September 1st, 2016.
  • No reviews on Airbnb at the start (significantly lower price per night to begin with).

*In Paris, the short-term rental of properties other than a main residence is allowed by law only if the accommodation can be qualified as being for commercial use. This title could already have been granted, for example if it was originally an office space or a former store that was converted into a liveable place, or if it can be resold via a securities clearing house or exchange.

Assessment of the first 3 months of operation

Property

Occupancy rate

Gross turnover

Opéra 1

77 %

€13 695

Opéra 2

79 %

€13 007

Opéra 3

87 %

€14 134

Opéra 4

80 %

€12 526

Opéra 5

81 %

€13 340

Total

81 %

€66 702

Taking the Luckey service fee (20% + house cleaning) into consideration, the total amount received by the owner was €48 442.

Location

€ / m2 / an

Building

€1 603

Building
(without the Luckey's service fee)

€1 163

Apartment estimate
Quartier Opéra

€424

Commercial premises estimate
Quartier Opéra

€472

Ready to say goodbye to the hassles of managing a short-term rental and boost your property’s value?


Luckey and Airbnb
Since its purchase in December 2018, Luckey has become an Airbnb wholly-owned subsidiary.