Airbnb
Neighbors take Airbnb host to court
The absence of an adequate and integrated legal framework on short-term property rentals through websites such as Airbnb and HomeAway is leading to individual apartment blocks coming up with their own regulations and solutions for any problems that emerge.
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Property prices recorded robust growth of 7.3 percent last year
Property prices in Greece recorded their biggest rise of the last decade last year, as the RE/MAX estate agency network's annual survey points to an average increase of 7.3 percent from 2017, when annual growth had only come to 1 percent.
Home purchases soar, prices inch up
The Greek property market appears to have emerged from its decade-long hibernation: Bank of Greece figures showed that 1.35 billion euros flowed into the country last year for property purchases (mainly houses) by foreign investors.
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Inspectors to cross-check incomes and payments
Tax inspectors are now focusing on individual taxpayers, who until recently were not on the authorities' radar as interest was focused on large-scale tax evasion by businesses. However, the major rise of short-term property rentals on platforms such as Airbnb and HomeAway is leading to individuals cropping up in the monitoring schedule too.
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Greek housing sector extends rebound amid economy's recovery
A recovery in Greece's housing market gained momentum in the last quarter of 2018, central bank data showed, suggesting that a recovering economy and growing foreign interest might lift property prices further.
Athens hotels see demand flag
The constant increase in Attica's hotel room supply combined with the drop-off in the soaring growth in demand and the market entry of thousands of apartments for short-term lets have already started to drive occupancy rates and room prices at the capital's hotels toward a decline.
The current prospects for both supply and demand are pointing to a further gap in the near future.
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Gov’t planning restrictions on owners of short-term rentals
The government is considering introducing restrictions on the utilization of properties advertised on short-term rental platforms such as Airbnb and HomeAway for holiday accommodation. The restrictions will be imposed on individual owners as well as investors and professional agents who benefit from the new market.
Short-term rentals become big business
An ever-greater share of the short-term property leasing market in Greece is passing into the hands of investors and professional property managers, a trend that is also being observed in many other countries.
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Telegraph: Greek 'golden visas' to AirBnB investors leading to mass evictions
"A Greek government scheme that grants visas to non-EU citizens in exchange for €250,000 property investments is leading to mass evictions, with renters removed from their homes to make way for AirBnB properties," UK newspaper Telegraph reports.
Vacation rentals' registration deadline set for Feb 28
Homeowners leasing their properties through platforms like Airbnb or HomeAway have until February 28 to register these assets with the Independent Authority for Public Revenue (AADE).
Owners can also use the authority's online platform to correct or amend any details pertaining to the property they are offering as a vacation rental.