Airbnb

More than 6,200 legal entities and individuals in Greece have declared more than three properties offered up for short-term leasing

Greece's growth in short-term bookings in Q4 2023 on platforms like Airbnb outpaced the EU average, recording a 28.7% increase compared to Q4 2022, higher than the EU's average growth of 22.7%

Short-term rentals have sparked debate within Greek society due to their perceived benefits and disadvantages

Another provision included in the proposed legislation includes a 'green' fee on practically all tourism-related activities

Greeks seeking Airbnbs this summer set sights on short stays in picturesque and serene locations with unique experiences and family-friendly amenities.

Finally, the traveler composition in short-term rentals varies throughout the year, with international visitors dominating in summer and domestic travelers holding a significant share in winter.

The Greek Finance Ministry will be increasing the Golden Visa threshold to 800,000 euros for some areas. A relevant bill is expected to be tabled in parliament this week

According to Airbnb data, the most popular destinations for Greeks traveling abroad this spring are Istanbul, Dubai, and Frankfurt, followed by Rome, Berlin and Warsaw.

The primary objective is to raise the investment threshold for obtaining the Golden Visa, to put a brake on the frenzied pace of demand recorded in the expensive areas of the two major urban centers (Athens and Thessaloniki).

A surge in inflation after the pandemic, the highly successful “Golden Visa” scheme and the ubiquitous “AirBnB” effect behind shortage of 212,000 units, according to one estimate

Revenue, details of accommodations listed on Airbnb, Booking.com, VBRO and others must be electronically submitted to Greece's tax bureau by Feb. 28

The analysis said the occupancy levels in Athens’s short-term rentals were steady and revenues per available unit witnessed a 15% increase

The trend is reinforced by the positive reviews given by visitors to accommodations, especially in areas like Polygono, the First Cemetery of Athens vicinity, Hellenorossi, and Zappeion

The “taxman cometh” to Greece’s surging short-term lease sector (the Airbnb phenomenon) as of Jan. 1, 2024, with an overnight stay fee tacked on to some 170,000 listed properties around the popular holiday destination. Approximately 7,440 property owners will also have to add VAT to their fees, while also keeping accounts similar to those kept […]

Occupancy rates are expected to reach 90% over the holidays, driven by the domestic tourism market, but a new approach is needed to make ‘winter tourism’ sustainable and attractive to foreign tourists

When Brian Chesky and Joe Gebbia decided to rent out the mattress in the living room of their San Francisco home with breakfast, they probably had no idea they were laying the foundations for a short-let empire. A range of factors has made Greece a lucrative market for Airbnb, with obvious impacts both positive and […]

Greece to vote soon on new regulations that are slotted to take effect in January 2024.