Short-term Leases

As of Jan. 1, 2025, the state will allow the short-term rental availability of only 3 properties in specific Athens districts - a measure that expires at the end of the year

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

According to Greece's central bank, net revenues from property sales in the country purchased by foreign nationals in 2023 exceeded 2.1 billion euros.

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

The new regulation is particularly important for Greece, as Athens recorded a 20% increase in available accommodations compared to 2022, according to data from the international short-term rental analysis company AirDNA

Saturation and price hikes in popular tourist destinations have shifted attention towards less-congested islands, such as Tinos, Serifos, Skopelos, Thassos

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

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