Cap announced on short-term rentals

In a bid to tackle the housing problem, the government has set the deadline for issuance of an AMA (Property Registration Number) for properties located in the first three districts of the Municipality of Athens on December 31, 2024.

Starting on January 1, 2025, this will no longer be permitted, at least for a period of 12 months. The stated objective is to stop apartments from "bleeding" into short-term rentals, particularly in locations with a high property supply and a significant shift toward this type of activity.

The time frame allows property owners who have already started renovation and upgrading work on their properties to complete it without suffering financial loss, if their intention was to engage in short-term rentals.

The ban includes the most popular districts for short-term rentals in Attica, with a high concentration of accommodation and high...