Literary Marais
The grand and elegant home of a famous designer
An article that explains the monthly expenses of a high-end apartment in Paris
Many clients often ask us about the cost of owning an apartment in Paris. Roughly speaking, there are four major expenses for holding an apartment: the expenses required for the operation of the apartment itself (property sharing costs, electricity and Internet fees, insurance, cleaning and maintenance costs for the interior of the apartment), major construction costs of the building, and taxes (land tax, residence tax, property wealth tax), and some other expenses (apartment rental management fee, butler service fee).
Today, we will take a high-end apartment of 100 square meters and a value of 2 million euros in the Saint-Germain district of the Left Bank as an example to explain in detail what the daily maintenance of the apartment will cost (do not confuse it with the cost of buying an apartment Oh).
01/ The cost of running the apartment itself
Overseas Buyer Guide › Rental Market › Complete Guide
AAriane · Paris
2026/06
Owning & Renting in Paris — Annual Operating Costs for Non-Resident Landlords
In rental mode, annual operating costs for a Paris apartment amount to approximately 10–15% of gross rental income (excluding tax): property tax (taxe foncière, €2,000–€6,000, borne by the owner and non-transferable to tenants), non-occupying landlord insurance (PNO, €200–€400), rent guarantee insurance (GLI, 2.5–4% of rent — largely a formality with institutional tenants in prime arrondissements), property management fees (5–8%), CFE business property tax (€200–€800), and accountancy fees for LMNP filings (€800–€1,500). All operating costs are deductible expenses under the LMNP régime réel.