2. Accommodation Tax
An additional accommodation tax of 0.5% of the rental amount will be collected from the guest and paid to the tax authorities. This fee began to apply on January 1st, 2024. Up until now, only tourism businesses had to pay this tax, but it is now extended to rental properties as well.
3. Short-Term Rental Stay Limits
In fact, this change doesn't have any effect at this point. A few years ago, the Greek government had announced a short-term rental stay limit of 90 days, but didn't determine any regions to which this limit will apply. This limit has now changed to 60 days starting from January 1st, 2024, but still without indication to which regions this might apply. Therefore, as before, homeowners are still free to rent out their property for 365 days a year.
For more rental best practices, see our complete article here.
4. EOT Licenses
On property projects, if all apartments are rented through a short-term rental system, an EOT license (issued by the Greek National Tourism Organization) must be obtained. To read more about EOT licenses and how to get one for a property, read on here.