Renting out your luxury property: what do you need to know?

Renting out your luxury property: the guide by FGP Swiss & Alps

Do you have an exceptional property in Switzerland or the French Alps that you would like to let? Are you wondering what to do next? FGP Swiss & Alps, an agency specialising in luxury real estate, can help you rent out your remarkable house, villa, chalet or flat on both sides of the Alps. How do you rent out your luxury property in the best possible conditions? What do you need to know? Discover the keys to top-of-the-range long-term rental.

What are tenants of exceptional properties looking for?

Luxury rental property is a micro-market for a certain type of wealthy, particularly demanding clientele. These tenants are looking for beautiful properties that offer unrivalled comfort and quality services that meet their expectations. While they may live there permanently, many customers in the prestige market occupy properties for relatively short periods, ranging from two to four years: artists, executives on business trips, top sportsmen and women, etc.

Renting out your luxury property means offering a property that meets the needs of the market. The properties in question stand out for the quality and uniqueness of the services on offer: a 300^m2 triplex with a 100^m2 terrace overlooking a major square in Geneva, a contemporary 10-room villa with several swimming pools in Nyon, or a luxury chalet with sauna overlooking the slopes of Crans-Montana, Gstaad or Courchevel. These are always exceptional homes in remarkable locations, with attractive features to suit the tastes of prospective tenants.

How do you rent out your luxury property?

To rent out your luxury property, you need to follow a standard process, but one that is tailored to prestige properties. Estimating the rent, for example, requires the services of a professional in the high-end rental market, as prices are unrelated to those on the conventional market. Even if the same criteria have to be taken into account: the characteristics of the property and the geographical area. A private mansion in the canton of Geneva will not command the same rent as a sumptuous villa in the canton of Valais or in the French Alps.

The rest involves promoting the property, choosing suitable tenants following targeted visits, and drawing up a rental lease. These are all essential steps in letting your luxury property in the best possible conditions.

Get help from an agency specialising in prestige property rentals in Switzerland and the French Alps. Under the management of Delphine BOUVARD and with the expertise of Diane GALLADÉ, a broker dedicated to prestige rentals, we take care of every aspect to maximise the profitability of your investment. Benefit from a partnership based on trust and tailor-made support for excellent property management.