Impending Changes in Greece’s Short-Term Rental Market
Greece’s short-term rental market is bracing for significant changes as owners prepare for new regulations tied to a tax bill currently under discussion. Key adjustments include strict deadlines for property registration before the enforcement of temporary bans in heavily saturated areas starting January 1, 2025. Owners are urged to register their properties by December 31, 2024, to avoid hefty fines. Additionally, a new ‘resilience fee’ for short-term rentals will see increased rates starting April 2024, sparking public concern about its impact on rental pricing and owner viability.