Greece is cracking down on its short-term rental market with new regulations designed to enhance safety, address overtourism, and protect local communities. Stricter safety standards, increased taxes, and a registration freeze in popular Athens neighborhoods are among the key changes taking effect.
Tag: regulations
On Thursday, U.S. President Donald Trump announced the formation of a dedicated cryptocurrency working group to propose new regulations and explore the concept of a national cryptocurrency reserve, fulfilling his campaign promise to reform U.S. crypto policy. The directive, welcomed by the crypto industry, aims to safeguard banking services for crypto companies and prohibits the creation of competing central bank digital currencies. With Bitcoin reaching new highs, experts see Trump’s initiative as a pivotal shift in U.S. digital asset policy that could propel cryptocurrencies into the mainstream.
Greece will implement new, stricter regulations for short-term rentals starting October 1, 2025. The legislation introduces new operating standards, stricter inspections, and increased penalties for non-compliance.
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.
Greece is implementing stricter regulations on short-term rentals, aiming to ensure safety and compliance standards. However, these new rules have sparked controversy among property owners and guests, who fear they could negatively impact the tourism industry and the availability of affordable accommodation.
New regulations are on the horizon for Greek hotels, including mandatory liability insurance for short-term rentals and an innovative environmental ranking system. The bill also allows for the operation of seawater swimming pools, promoting sustainable tourism practices.
Greeks living abroad will soon be able to obtain their passports through a digital process, following the approval of article 60 in Law No. 5143/2024 by the Greek Parliament. This legislation aims to streamline passport issuance and reduce processing times, thanks to the collaboration of key government officials, including Foreign Minister Giorgos Gerapetritis and Digital Governance Minister Dimitris Papastergiou.
Greece is encouraging UK tourists to choose Greek getaways over Spain, emphasizing a focus on sustainable tourism and infrastructure improvements.
Greece implemented new quiet hours on October 1st for the winter season, prohibiting noise-generating activities from 15:30 to 17:30 and 22:00 to 07:30. Violators of these regulations could face up to five months in prison, as the new Penal Code classifies disturbing the peace as an offense. Exceptions for emergency work may be granted with police authorization.
Greece is implementing a new EU directive to bolster cybersecurity, impacting 3,000 public and private entities. The directive introduces mandatory security measures and hefty fines, up to €10 million or 2% of global turnover, for non-compliance.
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.
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