Paris caps primary residences at 120 nights/year (90 from 2026 under the Le Meur law). Non-primary residences require a change-of-use authorisation plus compensation (typically buying commercial-use square metreage in the same arrondissement). All listings must display the mairie registration number.
How Paris's rules shape the market
There are currently 45,137 active short-term-rental listings operating in Paris (of 85,370 total). Median occupancy across those is 42%. The median nightly rate is $143.64. With the 120-night cap, that limits unlicensed annual revenue.
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