France's rental market faces LMNP tax overhaul and new smart‑lock service

The 2026 French budget proposes major changes to the Loueur en Meublé Non Professionnel (LMNP) regime, including reduced tax advantages, new taxes on rental income and rent caps. The measures aim to regulate the furnished‑rental market and address the housing shortage, but analysts warn they could deter investors, shrink the supply of furnished homes and push landlords to raise rents or explore alternative models.

At the same time, Nuki, a European provider of connected locks, has launched its Smart Hosting service for seasonal rentals. The system creates temporary digital access codes that activate at check‑in and deactivate at check‑out, allowing owners to manage entry remotely without exchanging physical keys. The service, available across France and Europe, promises greater convenience, security and flexibility for landlords of holiday homes, Airbnb rooms and house‑exchange properties.