Airbnb

According to the Athens-Macedonian News Agency, the package of measures announced last Saturday in Thessaloniki by Prime Minister Kyriakos Mitsotakis and detailed during the week by the relevant ministries, aim to increase the disposable income of citizens.

These measures are focused on two main axes: increasing incomes and reducing taxes.

The number of loans granted under the “My Home” program has reached 7,123, totaling €685 million to date. According to a joint press conference by Deputy Minister of National Economy, Mr. Nikos Papathanasis, and Minister of Social Cohesion and Family, Ms. Sofia Zacharakis, the loans are expected to reach 9,155 by the end of the year, with the budget rising to €1 billion.

“Across Greece, a typical Airbnb host rents out a home for just 24 nights a year, and more than one in two report that the additional income from this activity helps them maintain their homes,” said Valentina Reino, Head of Public Policy for Southern Europe at Airbnb, in response to the government’s announcement of new regulations on short-term rentals in Greece.

From January 1, 2025, new restrictive measures for Airbnb properties will take effect (including a freeze on new licenses in Athens’ 1st, 2nd, and 3rd districts). The three-year tax exemption for closed properties, however, begins today and will be available until the end of the following year.

The government, not local municipalities, will decide whether to freeze or allow new short-term rental permits like Airbnb. This policy starts with three main districts of Athens (1st, 2nd, and 3rd), where new Property Registration Numbers (AMAs) will not be issued for at least one year.

The beneficiaries of the new measures, which were announced by the Prime Minister at the TIF and will roll out from now until the end of 2025, will be presented today by the Minister of National Economy and Finance.

Airbnb Regulations:

At this moment, Prime Minister Kyriakos Mitsotakis is unveiling the new economic roadmap until 2025 during his speech at the 88th Thessaloniki International Fair. According to reports, Mitsotakis will present a package of measures and interventions aimed at supporting social and professional groups impacted by the crisis.

Thousands of property owners will have a double incentive to open and renovate some 700,000 properties after what Prime Minister Kyriakos Mitsotakis will announce at the TIF.

Kyriakos Mitsotakis, the cabinet, and numerous governmental and party officials of New Democracy are relocating to Thessaloniki over the next few days, with attention focused on the Prime Minister’s speech tomorrow at the Thessaloniki International Fair (TIF).