The short-term rental market in Greece is set to face new legal requirements as the country’s Ministry of Tourism moves forward with regulations impacting property owners who use platforms like Airbnb.
The new legislation is to introduce criteria that include minimum property size, a prohibition on basement rentals, fire safety measures, mandatory disinfections, and liability insurance.
Minister of Tourism Olga Kefalogianni presented the new regulations during a cabinet meeting, outlining the ministry’s proposed bill targeting Airbnb properties. The legislation aims to establish clear operational and safety standards, with the implementation of monitoring mechanisms and penalties for non-compliance.
The government’s intention is for these measures to be enforced by the coming tourist season as part of a broader goal to bring enhanced safety and quality standards to the short-term rental market.
Under the proposed law, properties available for short-term rental (Airbnb) will need to meet criteria such as liability insurance that covers damages or accidents that may occur on properties as well as certification from a licensed electrician along with fire extinguishers, smoke detectors and visible signage to ensure electrical and fire safety.
Health and safety standards including certification of pest control and disinfection, a first-aid kit, and emergency contact information will also be required.
Furthermore, properties are required to be primarily residential spaces with natural lighting, ventilation, and climate control systems.
Additionally, a new ranking system for tourist accommodations based on sustainability criteria is expected to be introduced.
The bill also aims to enable public sector employees, including healthcare professionals, teachers, police officers, and seasonal emergency workers, who often face difficulties finding rental properties especially in tourist regions, to be accommodated in hotels when serving temporary or contract-based roles in public agencies or utilities.
Source: tovima.com
Latest News
Surge in Investment and Soaring Housing Prices Across Greece
Greek housing prices have climbed sharply, recovering to 2011 levels and edging closer to their 2007 peak.
Greek Kiosks are Dying Out
The iconic Greek kiosk is dying out, and the empty shells remain to remind us of an urban everyday life that no longer exists.
Property Website: Athens-Area Residences Sold Within 6 Months, on Average
Data presented by the platform also shows higher prices in first 3 quarters of 2024
Bank of Greece Hails Economic Progress but Warns Stronger Growth Needed
Today's Bank of Greece Interim Report on Monetary Policy depicts a healthy economy, but warns that stronger growth is needed to fully overcome the economic crisis
Greek Christmas Dinner Costs Surges in 2024
The estimated cost for this year’s Christmas dinner (serving 6-8 people) ranges from 107.54 euros to 148.89 euros
Attica Bank to Eliminate Fees on More Banking Transactions
Attica Bank emphasized that these changes reflect its commitment to providing competitive and high-quality services
Cash Still Reigns in Greece Despite Surge in Electronic Payments
However, the ECB has expressed its opposition regarding legislative efforts by member states to restrict cash usage as a means of combating tax evasion.
Minister: Tourism Revenues in Greece to Hit €22 Billion in 2024
Sustainable development, investments, new offerings, upgraded training at the core of Greece's tourism strategy.
Greece: Double Salary Increase in Private Sector Coming Next Year
Starting from Jan. 1, 2025, social security contributions will be reduced by one percentage point with the aim of easing the burden on both employers and employees.
Eurostat: Inflation in Greece Drops to 3% in Nov., Remains Above EU Average
Greece recorded a higher inflation rate than the EU average, ranking tenth among the countries with the highest inflation rates, for this year