Vacation rental

The supply of data to tax authorities from digital platforms on the sale of goods and services has already been implemented in Greece in recent years.

The average nightly rate for short-term rental accommodation in Greece in July and August stands at 232 euros per night, based on confirmed bookings so far.

The increase in Greek travelers' interest in short-term rental accommodation through the Airbnb platform appears to be steep.

Searches by Greek users for accommodation this summer have recorded a rise of more than 70% compared to last year.

Property owners are increasingly turning to short-term leasing as a result of the recent extension of the annual rent increase cap, as the figures fall far below market value.

A significant increase in the supply of short-term rental accommodation was recorded ahead of the peak summer tourist season, which already bodes well for 2023.

According to data presented by AirDNA, based on bookings made through the Airbnb and VRBO platforms up to early June, demand growth for the May-October period is forecast to exceed 42%.

Pressure is mounting on short-term rental hosts, as the tax administration and the big three platforms (Airbnb Ireland UC, Booking.com BV, and VRBO Expedia Group Vacation Rentals Ireland Limited) near the conclusion of a new protocol cooperation that will lead to identifying those who avoid declaring the incomes they receive.

The Independent Public Revenue Authority (AADE) has identified more than 73,000 property managers and owners who are active in short-term rentals who had "forgotten" to declare income of 102 million euros in 2022.

Bookings for Airbnb-type accommodation in the tourist areas of Greece are "on fire".

Once again, Greece is among the first countries in Europe with a spectacular increase in bookings in short-term rental accommodation.

This year's Airbnb season is on the rise

The summer of 2023 is shaping up to be a record year for Airbnb accommodations.

Overall, Airbnb properties in Athens have a top score of 4.73/5 from 537,000 reviews up to September 2022, with some areas clearly performing better than others. But, if you're planning to visit Athens and want to stay at a short lease property here are the areas you should look for and… avoid.

Airbnb says it will use new methods to spot and block people who try to use the short-term rental service to throw a party.

The company said on Aug. 16 it has introduced technology that examines the would-be renter's history on Airbnb, how far they live from the home they want to rent, whether they're renting for a weekday or weekend, and other factors.