Each year during March and April I have to tear myself away from the pleasures of the internet and check that our gites are ready for the coming season. This year we are having a couple of rooves replaced, in addition to the sundry painting and decorating jobs I need to do each year, so we are a bit disorganised at the moment.
As a result someone asked me this morning if it was hard work running gites. Sorry to say but the answer is no, it is possibly the easiest job in the world, unless your father founded the Hilton Hotel chain. Apart from a few busy Saturdays each year and a couple of weeks of maintenance in the spring there is not a lot to it really.
If your gites earn less than about 76,000 euros in total each year you can register as a ‘micro-bic’ and get an automatic ‘deduction for costs’ of about 71%. I’ll tell you a secret as long as you don’t tell the French tax authorities – real costs are more like 25-35% and that includes necessary furniture replacement, dishwasher repairs and so on. So if you have the money and the inclination to start gites in the first place they are a pretty good option.
Unfortunately to earn 76,000 euros a year you would need to own a small village, but the principle is good.
The same people then asked if we were concerned that holidaymakers would make off with out TV and sofas etc. Happily in six years with gites we’ve had nothing at all like that either. Glasses get smashed very often (too much sunshine and local red wine I suppose) and knives seem to go missing all the time (taken on picnics and lost perhaps) but we have little in the way of grand larceny.
Although we do now provide IKEA glasses rather than fine crystal.
We did have some people turn up with a couple of big dogs once that proceeded to eat a hole in the settee – the holidaymakers cunningly disguised it with a cushion until after we had returned their security deposit, so we no longer accept pets. And a bit too often people seem to smother their children in suncream and then tell them to lie on the settee. But really it is a very easy life.
The big challenge, that people don’t realise, is the marketing part. You can have the nicest gites in the world but if you don’t spend the time and effort enticing people in no-one will know about them. Trust me, this happens often.
So here is the hot tip of the day. I see many properties where an extra 500 euros on advertising would easily generate an extra 5,000 euros of income. If you are hoping to earn 30,000 euros from your gites this year you should be happy spending 1,000 euros or more on advertising. You’ve spent all that money on making your gites perfect, don’t try and recoup it on the advertising!
Hello,
I know this is a strange reply to your blog but I have been trying to find someone on the internet who is living in france to talk to as I have been thinking about moving out there for a while and would love to speak to someone with regards to how things work and how easy it is etc etc
I would really apreciate any feedback you could give me.
Regards
Harry
Hi
Things work differently for everyone of course depending as much on finances, personality and enthusiasm as integration and language, so at the end of the day it’s always hard to comment on whether it will work out for someone else. I would guess if I looked back in a crystal ball at us, 6 years ago, I would have my doubts whether it would work out.
I’ve got a section at ‘Life in France‘ where I have touched on most of the issues (see especially ‘Moving to France‘) and quite a lot of related blog issues over the last couple of years.
What I don’t cover in so much detail is the more technical details – eg what are the tax rates, will my children receive child benefit, is a long-standing thyroid condition covered under the French health system…because these things change, I don’t always know the right facts, and don’t want to mislead people! Answers to these types of questions can often be found on the internet, although answers are often wrong!
Cheers and good luck!
Hi
Great blog we are looking into moving to France the place we are thinking about has three gites .One has three bedrooms and the other two have two each .Could you please if possible give me an idea or a place we could find out rents . They are in Normandy .
We also have two children do the kids normaly do ok
Hope you can help
Pauline
Hi Pauline
There is no single ‘reference’ place for checking typical rent, your best solution is to search the internet for similar properties according to location, facilities, quality of furnishings etc and size of property and see how much they are charging – and just as important, whether they are quite well booked for the coming season.
Alternatively you could see if the tourist office for the local town has gites listed, to find prices in the exact same place.
It is likely that for your first year you would be best to charge a lower, very competitive price, to get people in – hopefully some of these then recommend your gites to others or return themselves the following year.
Cheers
Marcus