kathimerini.gr
Greece Clarifies Short-Term Rental Tax Rules, Restricts New Listings in Athens
The Independent Authority for Public Revenue (AADE) in Greece issued guidelines clarifying tax obligations for short-term rentals, defining them as rentals under 60 consecutive days. A 2025 restriction on issuing Property Registry Numbers (AMAs) in central Athens limits new short-term rentals.
- What are the potential broader economic and social impacts of the new guidelines on short-term rentals in Greece, considering both supply and demand dynamics?
- The 2025 AMA restriction in Athens may lead to decreased short-term rental availability in popular central areas, affecting tourism and the local economy. The strict guidelines on service provision could incentivize owners towards longer-term rentals or discourage participation in short-term rental markets, potentially altering housing supply dynamics.
- How does the Greek government define short-term versus long-term rentals, and what are the implications of this distinction for tax treatment and rental agreements?
- These regulations aim to standardize short-term rental taxation, impacting property owners and rental platforms. Rentals under 60 consecutive days are considered short-term; those exceeding 60 days are long-term, subject to different tax treatments. Even prematurely ended long-term rentals remain classified as such based on the initial agreement, not the actual duration.
- What are the key criteria determining tax obligations for short-term rentals in Greece, and what is the impact of the 2025 restriction on Property Registry Numbers (AMAs) in Athens?
- The Greek government, through the Independent Authority for Public Revenue (AADE), has issued guidelines clarifying tax obligations for short-term rentals. Key factors determining tax liabilities include rental duration, services offered, and the number of properties. A new restriction for 2025 prevents issuing Property Registry Numbers (AMAs) for the first three apartments in Athens, effectively limiting new short-term rentals in central areas.
Sustainable Development Goals
The article discusses restrictions on short-term rentals in Athens, aiming to regulate the tourism sector and potentially address issues like housing affordability and quality of life within the city. The ban on issuing new short-term rental permits in central Athens may help to mitigate negative impacts of over-tourism, such as rising housing costs and displacement of residents. However, it could also negatively impact the income of some property owners and the availability of accommodations for tourists.