Greece is not planning any radical restrictions for Airbnb rentals

What has happened

According to sources from Ekathimerini, the Greek government is considering measures to address the serious issue of a lack of affordable housing in cities. However, these measures do not involve radical actions against short-term rentals.

Details

The plans are expected to be finalized in the next few days and possibly announced by Prime Minister Kyriakos Mitsotakis at the Thessaloniki International Fair, on September 7-15.

The Greek government aims to free up more housing without imposing stringent regulations on the profitable short-term rental market. Insiders suggest that any changes in this sector will be moderate.

Possible measures

Setting a ceiling on the number of properties a single owner can lease short-term

The requirement that the owners of two or more units set up a business through which to carry out their activities.

Setting up limits on the number of days such units can be leased to short-term tenants, such as 60 days on the islands.

Providing incentives for property owners to switch from short-term to long-term rentals, such as a discount on the tax on rent revenues.

Source: Ekathimerini

Photo by Serhat Beyazkaya on Unsplash

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