Greece’s Independent Authority for Public Revenue (AADE) is conducting electronic cross-checks on short-term rental income reported by property owners on platforms like Airbnb. Owners must finalize their 2024 rental declarations by February 28, 2025, or risk hefty fines, including a 100-euro administrative fee for late submissions and penalties for unregistered properties.
Tag: property registry
Starting January 1, Greece will halt issuing Airbnb licenses in several districts of downtown Athens as part of new measures to address the housing crisis and increase property tax revenue. A revised tax and rental framework has been introduced, distinguishing between short-term and long-term rentals, with specific requirements for registration, tax obligations, and the offering of additional services. The changes aim to balance the needs of tourism with the shortage of affordable housing for Greek citizens.
Greece is projected to collect €830 million in tax revenue from short-term rentals by the end of 2024, up from €70 million in 2017, according to Giorgos Pitsilis, head of the Independent Authority for Public Revenue. Speaking at the Prodexpo conference, he noted that 100,000 properties now have unique Property Registry Numbers for short-term leasing. Alexis Patelis, Economic Adviser to the Prime Minister, also announced a one-year ban on new short-term rental registrations in certain areas of central Athens, effective early 2025.
The Hellenic Cadastre, Greece’s national property registry, was targeted in a cyberattack, raising concerns about potential data breaches. While authorities claim no data was deleted, the full extent of the attack remains unclear