Top 5 property management companies in Paris

If you own an investment property in Paris but live in the US, managing it can quickly get complicated because of the distance and language barrier. Many American property owners discover this within their first few months of ownership.

The good news is that you can hire a Paris property management company to handle the day-to-day operations for you, such as finding tenants and dealing with maintenance issues.

But is it worth it? What exactly can a property management company do for you? Here's everything you need to know.

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What does a property management company do?

Property management companies take care of your investment property so you don't have to do it from abroad. Typically, their services include:

• Marketing your property and finding tenants
• Managing security deposits and collecting rent
• Coordinating maintenance and repairs with local contractors
• Handling paperwork and legal requirements
• Conducting property inspections
• Communicating with tenants
• Managing short-term rental platforms like Airbnb

Different property management companies have different focuses. Some help you find tenants and manage rentals, and others focus on maintenance and administrative support, but don't handle the rental side.

Top 5 largest property management companies in Paris

RPM-Paris

RPM-Paris is a Paris-based property management company that works exclusively with international property owners.

They primarily focus on maintaining your property and administrative tasks rather than managing rentals. RPM can also help with property hunting if you want to buy more properties in the future.¹

Their property management services include:²

• Helping you create accounts with French tax authorities
• Representing you at annual co-ownership meetings
• Coordinating with building managers and trustees
• Working with insurance companies
• Managing monthly and annual expense records
• Collaborating with accountants for bookkeeping
• Chauffeur services
• Utility and facility management
• Overseeing move-in processes
• Supervising furniture delivery
• Setting up utility contracts
• Mail and package collection

They also offer a separate maintenance package that includes services like:³

• Regular property inspections
• Condition reports
• Finding architects and contractors for renovations
• Repairs
• Managing mandatory annual equipment maintenance

RPM-Paris is a good fit for international property owners who want professional oversight of their Paris property but don't necessarily need help finding tenants.

For example, maybe you already have long-term tenants or use your property as a second home and have no interest in renting it out.

Paris Attitude

Paris Attitude specializes in rental management for property owners who want to find reliable tenants and increase their rental income.

They focus on medium and long-term bookings, not short-term vacation rentals. You can expect to get tenants looking for accommodation for 1 month to 1+ years.⁴

You can choose from 3 service packages:⁴

• Essentiel: Basic rental management including professional photos, tenant screening, and financial management
• Privilège: Everything in Essentiel plus featured website listings, corporate client promotion, and key management
• Prestige: Full-service management including all previous services plus cleaning, property check-ins, and inventory management

Pricing ranges from 7% of monthly rent (including VAT) for the Essentiel and Privilège packages to 15% for the Prestige package.⁴

This company works well if you're looking for a stable rental income from tenants who stay for several months or longer.

VINGT Paris

VINGT offers a dedicated Paris Asset Management service for property management. It can be a good option for you if you don't need help finding tenants but want to be hands-off with the ongoing management and administrative tasks.

They handle the admin and maintenance side of property ownership, including rent collection, representing you at building meetings, managing expenses, maintenance, handling legal issues, and insurance contracts.⁵

BARNES Realty

BARNES Realty is a luxury property management company that specializes in high-end real estate for wealthy investors. They offer custom property management solutions with offices in Paris, the Alps, the French Riviera, Bordeaux, and other premium French locations.⁶

They handle both rental management and property maintenance, but only for luxury properties. If you have an expensive property, like a penthouse, that requires white-glove treatment, BARNES can be a good fit for you.

Houst

If you own a property that you want to turn into a vacation rental, Houst specializes in Airbnb property management in Paris and can help.⁷ The company lists your property on platforms like Airbnb and Booking.com and manages all marketing and operations.

Their services include:⁷

• Multi-platform listings
• Professional photography
• Listing creation and optimization
• Price optimization
• Guest vetting and screening
• Guest check-ins and check-outs
• Linen and toiletries
• 24/7 guest communication
• Cleaning and housekeeping between guests
• Property maintenance and repairs
• Property insurance coordination
• Property management software

Houst uses commission-based pricing starting from 12% of your rental revenue. The exact commission depends on your property type and location.⁷

Is paying a property management company worth it in Paris?

Most of the time, yes. Hiring a property management company in Paris usually makes sense in the following scenarios:

• You live in the US or abroad: Managing a property from afar is difficult, mostly because of maintenance issues and communicating with tenants
• You don't speak French: Dealing with tenants, building managers, and French paperwork can be challenging with a language barrier
• You want to increase your rental income: Professional management companies can help you find more & better tenants and optimize your pricing
• You need administrative support: If you don't want to deal with paperwork, tax obligations, and building management, your property management company can often handle this for you
• You want regular maintenance: Upkeeping your property from abroad is often difficult, and property managers can help with prompt inspections and repairs

Property management companies in Paris can save you a lot of time, stress, and often money in the long run. But make sure to find a company that aligns with your needs and goals, such as short-term rental management, administrative support, or luxury services.

Unfortunately, many property owners don't realize they're losing a lot of money on bank fees and poor currency exchange rates when transferring money between the US and Paris. These costs seem small, but they add up and eat into your returns over time.

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Sources

1. RPM-Paris - Property Management Paris
2. RPM-Paris - Property Management
3. RPM-Paris - Property Maintenance
4. Paris Attitude - Rental management in Paris
5. VINGT Paris - Property Management
6. BARNES - Property management
7. Houst - Airbnb Management Paris