Property owners doubling rent revenues thanks to homesharing

Several property owners in Greece have seen their monthly incomes from rent shoot up by as much as 105 percent in the last couple of years, thanks to the growing popularity of homesharing.

According to a survey by AirDNA, a company that analyzes data from the ads on the Airbnb homesharing platform, in the period from the summer of 2016 to June 2018, Antiparos island in the Cyclades stood out as the Greek destination with the biggest increase in monthly revenues for owners: they more than doubled their takings from 2016 to 2018, reaching a monthly rate of 860 euros on average.

Rent revenues also grew 84 percent in Messini in the Peloponnese to 460 euros/month, and 71 percent on the island of Kythera, just south of the Peloponnese, to 530 euros/month.

The highest monthly revenues in absolute figures were found on Santorini last summer, amounting to an average of...

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