SHORT-TERM LEASE OF REAL ESTATE: CHANGES EFFECTIVE FROM JANUARY 1, 2025
- Law office ANNA IGNATENKO & Associates
- Apr 2
- 1 min read
Updated: Apr 7
As of January 1, 2025, significant changes to the regulations governing short-term leases have come into effect in Greece. These changes pertain to the registration of properties in the Short-Term Rental Real Estate Registry and the imposition of restrictions on rentals in certain areas.
What you need to know:
Registration in the Short-Term Rental Real Estate Registry is not possible in certain areas of Athens at least until the end of 2025.
Areas of Athens subject to restrictions:
1st Municipal District: Plaka, Kolonaki, Koukaki, Syntagma, Omonia, Monastiraki, Exarchia, Ilisia, Neapolis.
2nd Municipal District: Mets, Neos Kosmos, Agios Artemios, Pankrati.
3rd Municipal District: Votanikos, Metaxourgio, Gazi, Petralona, Rouf.
Penalties for violations:
A fine of 50% of the income from illegal rental, with a minimum penalty of 20,000 euros.
In the case of a repeated violation, the fine may reach 100% of the income, with a minimum penalty of 40,000 euros.
These restrictions may be extended until the end of 2026.
Don't risk your income! Study the new regulations and make sure your property is registered in the Short-Term Rental Real Estate Registry.