LMNP Simulation in Lyon (2026)
Second economic city, excellent LMNP profitability thanks to strong student and professional demand.
Avg price/m²
4 850€
Avg rent
720€/mois
Gross yield
5.8%
Population
530K
LMNP investment example in Lyon
35m² property at €4850/m² = 169 750 €, rented at €720/month
-394 €/m
20 years
-2.4%
25 523 €
Simulate your project in Lyon
Cash-flow
-394 €/m
Net yield
-2.4%
€0 tax
20 yrs
Tax savings
25 523 €
FAQ — LMNP in Lyon
Is LMNP profitable in Lyon?
Yes, with an average price of €4850/m² and an average rent of €720, the estimated gross yield in Lyon is 5.8%. Thanks to the LMNP regime and depreciation, tax can be zero for several years.
How long tax-free with LMNP in Lyon?
With a typical investment in Lyon, building depreciation (30 years), renovation (15 years) and furniture (5 years) generally allow zero tax for 7 to 12 years depending on the setup.
What type of LMNP property to favor in Lyon?
In Lyon, furnished studios and one-bedrooms are most in demand. Rental demand is driven by 530K inhabitants and a strong student/professional population.
How to calculate LMNP profitability in Lyon?
Use our simulator pre-filled with Lyon data above. It calculates real cash-flow after depreciation and taxes, not just gross yield.
Why invest in LMNP in Lyon in 2026?
Lyon is a premium market where entry prices are high (€4850/m²), but investment security is reinforced by very strong rental demand and long-term capital appreciation potential.
Under the real LMNP regime, depreciation on a property at €169,750 generates significant tax savings that substantially improve net yield compared to the 5.8% gross yield.
To optimize your LMNP investment in Lyon, we recommend using the simplified real regime, properly calibrating depreciation (building over 30 years, renovations over 15 years, furniture over 5 years), and entrusting accounting to a specialized tool like Penry to maximize deductions.
LMNP property types in Lyon
Studio
Studios are the most popular LMNP investment: low entry price, strong student and young professional rental demand, quick turnover.
One-Bedroom (T2)
The T2 offers the best yield/risk ratio in LMNP: more stable tenants, reduced vacancy, solid rents.
Furnished Shared Housing
LMNP shared housing maximizes yield per m²: each room generates individual rent, a revenue multiplier.
Short-term Rental (Airbnb)
LMNP short-term rental offers the highest yields but requires active management. Ideal in tourist areas.
Detached House
Houses in LMNP attract families and offer remarkable rental stability with longer leases.
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Go from simulation to real management
Penry automatically manages your depreciation, tax returns and LMNP accounting.
LMNP simulations in other cities
⚠️ Indicative simulation. Estimated average data. Consult an accountant for personalized analysis.