The Airbnb market in central Athens is undergoing a dramatic shift as professional companies take the reins, managing the majority of short-term rental properties. New government regulations are also adding challenges for property owners, potentially reshaping investment strategies and market dynamics in the city.
Tag: Property management
This guide provides diaspora families with essential information on transferring property to their children, exploring options such as gifting and wills. It highlights tax benefits, required documentation, and the importance of legal support to ensure a smooth transition and strengthen family connections to their heritage.
A new real estate company, 'Owners,' is introducing the concept of co-ownership of luxury vacation homes to the Greek market. This innovative model allows multiple buyers to purchase shares in a luxury property, providing a more affordable option for those seeking a holiday home.
The Airbnb landscape in Greece is undergoing a seismic shift as Athens moves to prioritize long-term housing affordability. New licenses for short-term rentals will be frozen in central neighborhoods, while existing owners face new regulations and a potential occupancy tax increase.
He rented them like Airbnb, but hadn't declared them to the Short-Term Accommodation Property Registry…
Greece's tax authorities are increasing the burden on property owners who choose to rent out their property short-term.