Short-term rentals burgeoning

Attica, the Cyclades and Crete account for over 60 percent of the Greek properties that are available for short-term lease on online platforms such as Airbnb and TripAdvisor, according to a report on the sector by Greece's Center of Planning and Economic Research (KEPE), as the total figure of properties available seems to be doubling every year.

At the end of June the number of active ads for properties in the Southern Aegean (Cyclades) amounted to 16,821, against 15,860 in Attica and 14,650 on Crete. Together, these three areas had more than 47,000 short-term rentals between them, while across the country the total number came to just under 80,000.

According to the data from the AirDNA website that KEPE has processed, a total of 126,331 properties became available on the platforms at some point from 2010 to June 2018. The difference between the two sums highlights the...

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