Natural persons, legal entities, and legal persons engaging in Short-Term Rental activities in Greece must declare one or both of the following Activity Code Numbers (KAD), depending on whether the lease is carried out through a digital platform or directly (offline):

55.20.11.06 – Short-term rental services of real estate via digital platforms

55.20.11.07 – Short-term rental services of real estate outside digital platforms

The general KAD categories 55.20 (Accommodation services) and 6820 (Rental and leasing of real estate) apply to short-term rentals only when one of the above two KADs is declared as the primary activity, and the second is also included as a secondary activity if applicable.

Property owners who rent out up to two (2) properties through short-term rental platforms such as Airbnb or Booking.com are subject to a specific tax regime under Greek law.

If the owner either manages the properties directly or has assigned them to a management company, the resulting income is treated as real estate income and is taxed as rental income, in accordance with the applicable legislation (Article 39A, Law 4172/2013).

⚠️ Important Note:
A reduced 5% rate previously applied to amounts up to €12,000. However, this has been abolished. The correct minimum applicable rate is now 15%.

📌 This scale applies to both long-term and short-term leases, as long as no hotel-style services are offered.

Why doesn’t the state impose a general “ban” on Airbnb while there is a housing problem?
Because the revenue is huge: from ~70 million in 2017 to 973 million in 2025 and very close to 1 billion in 2026. The government does not want to “kill” such a large source of tax revenue, so it is opting for targeted geographical restrictions only in areas with high housing pressure (central Athens, Thessaloniki’s 1st municipal district) rather than horizontal bans.

Read more:

If a property rented via short-term leasing (such as Airbnb or Booking.com) is co-owned by more than one person, the rental income is taxed separately for each co-owner.

The type of income (i.e. rental income or business income) is determined based on each owner’s total involvement in short-term rental properties.

📌 What You Need to Know:
Taxation does not depend solely on ownership type (full or partial), but on the total number of properties in which each owner has a share. If the total participation exceeds two properties, the taxpayer is considered a professional (sole proprietor) and the income is taxed as business income. If the owner participates in one or two properties only, the income is taxed as rental income, using the flat tax scale of 15%–35%–45%.

What is the Property Ownership and Management Register (MIDA)?
MIDA is a platform of the Independent Authority for Public Revenue (IAPR) that brings together all property ownership and management data, combining information from the Land Registry, the E9 form, and property use declarations, with the aim of ensuring transparency and modernizing the real estate market.Regardless of whether the lessor is taxed as a private individual or as a business (professional), there are certain obligations that apply to everyone engaging in short-term property rentals—whether through Airbnb, Booking.com, or similar platforms.

✅ Common Obligations for Short-Term Rentals in Greece:

1. Registration in the AADE Short-Term Property Registry

2. Obtaining a property registry number (AMA)
This is mandatory unless the owner falls under paragraph 5, article 46 of Law 4179/2013 (e.g. licensed tourism businesses).

3. AMA must be listed on all platforms
The AMA must be displayed on every listing on digital platforms, as well as on websites, social media, or any other promotional material.

4. Submission of Short-Term Lease Declarations
For every confirmed booking, an electronic declaration must be submitted per AMA, via the AADE platform.

5. Finalisation of Co-Owner Income Allocation Table
If the property is co-owned, the co-ownership income table must be finalised by 28 February of the year the tax return is filed.

ℹ️ Important Tip:
All other obligations—such as starting a business activity, VAT registration, or social security contributions—depend on the taxation status of the lessor (private individual vs. business).

Why doesn’t the state impose a general “ban” on Airbnb while there is a housing problem?
Because the revenue is huge: from ~70 million in 2017 to 973 million in 2025 and very close to 1 billion in 2026. The government does not want to “kill” such a large source of tax revenue, so it is opting for targeted geographical restrictions only in areas with high housing pressure (central Athens, Thessaloniki’s 1st municipal district) rather than horizontal bans.

Read more:

If a private individual rents out a property through short-term leasing (e.g. Airbnb, Booking, Vrbo), in addition to the basic requirements and registration in the AADE Registry, they are also subject to specific tax and administrative obligations.

Obligations of private individuals in Short-Term rentals:
Declaration of Bookings in the AADE Registry
For every stay, an electronic declaration must be submitted via the Short-Term Lease platform of AADE.
The declaration must include: tenant details, dates of stay, rental amounts, and the property’s AMA.

Submission of climate resilience fee declaration
As of 2024, a special fee is imposed in favour of the Climate Resilience Fund, based on the characteristics of the property and its location.
The declaration is submitted annually or according to local regulations.

Income tax return (Forms E1 + E2)
Income from short-term rentals must be reported in Form E1 (main tax return) and Form E2 (rental income breakdown).

The following flat rental income tax scale applies:

• 15% on income up to €12,000
• 35% on income from €12,001 to €35,000
• 45% on income above €35,000

When am I required to register for VAT for short-term rentals?
VAT exemption applies only to individuals who operate up to two properties without additional services. If you own three or more properties or provide services such as breakfast or cleaning, you are considered a tourist accommodation and are required to pay 13% VAT and start a business.If the lessor is classified as a professional (sole proprietor or company)—either because they rent out three or more properties or provide hotel-like services—they are subject to additional tax, VAT, and insurance obligations beyond the standard requirements.

Obligations of professionals in Short-Term rentals:
Business Activity Registration
You must declare the appropriate Activity Code Numbers (KAD) for short-term leasing, such as:

55.20.11.06 – via digital platforms

55.20.11.07 – outside digital platforms

VAT Registration
Professionals must register for VAT (Value Added Tax) and apply 13% VAT on income from short-term rentals.

Invoicing and bookkeeping
You are required to:

Issue proper invoices or receipts

Keep accounting records

Report income through myDATA e-books (digital bookkeeping platform of AADE)

Insurance contributions
Sole proprietors must register with the EFKA social security fund and pay monthly contributions based on their declared income.

Declarations of bookings & AMA requirements
Same as individuals:

Register each property and obtain an AMA

Declare each booking via the AADE platform

Ensure the AMA is visible on all listings and advertisements

Why doesn’t the state impose a general “ban” on Airbnb while there is a housing problem?
Because the revenue is huge: from ~70 million in 2017 to 973 million in 2025 and very close to 1 billion in 2026. The government does not want to “kill” such a large source of tax revenue, so it is opting for targeted geographical restrictions only in areas with high housing pressure (central Athens, Thessaloniki’s 1st municipal district) rather than horizontal bans.

Read more:

Main use areas
The property must qualify as a main-use space, as defined in Article 2, paragraph 95 of Law 4067/2012 (A’ 79), and must have natural lighting, ventilation, and an air-conditioning system.

Liability insurance
Mandatory civil liability insurance covering damages or accidents that may occur to guests or third parties during their stay.

Electrical, fire safety & safety

1. A signed declaration by a certified electrician confirming the safety of the electrical installation

2. Fire extinguishers, smoke detectors, residual current devices (RCDs) or anti-electrocution systems

3. Clearly marked emergency exit signage

4. Health & Safety Measures

5. Valid rodent and pest control certificate issued by a licensed pest control company

6. First-aid kit on-site

7. Emergency contact list visibly available in the property

What does this mean for hosts and property managers?
Whether you’re a private landlord or a property management company, compliance with these minimum standards is mandatory for legally operating a short-term rental in Greece from 1 October 2025 onwards.

Read also- New requirements for Airbnb rentals: Law published in the Government Gazette

Yes, they can — but under specific conditions that mainly relate to taxation and the obligation to register a business activity.

What Applies from 1 January 2024 (New Tax Legislation)

1. According to the tax reform that came into effect on 1 January 2024, the following rules apply:

2. Any natural person (private individual) is allowed to rent out more than two (2) properties as short-term rentals (e.g. Airbnb, Booking.com).

3. However, if the individual personally manages the properties, they are considered to be engaging in business activity and are required to:

4. Register a business activity with the tax office (AADE)

5. Establish a legal business structure (e.g. Sole Proprietorship, Private Company [IKE], Limited Partnership, etc.)

6. Charge and submit VAT

7. Comply with all relevant tax and insurance obligations

What If the Properties Are Managed by a Third-Party Company?
If the owner delegates property management to a licensed property management company, the income is still classified as business income, even though the owner is not managing the rentals directly.

Comparison Table: Private Individual with More Than 2 Short-Term Rental Properties

Here is an example of a booking to illustrate what a private individual must declare to AADE:

The host receives a total of €312.84 in their bank account from a short-term booking.

• From this amount, €24.00 corresponds to the Climate Resilience Fee (ΤΑΚΚ), which is collected on behalf of the Greek state. This fee must be submitted via a separate AADE declaration and is not included in the income declared.

• The Airbnb host service fee (3% + VAT) of €11.16, although withheld by the platform, is still included in the gross income and must be reported to AADE.

✅ Therefore, the correct amount to declare to AADE is €300.00.

The actual net amount that remains for the host after deductions is €288.84.

What is the Property Ownership and Management Register (MIDA)?
MIDA is a platform of the Independent Authority for Public Revenue (IAPR) that brings together all property ownership and management data, combining information from the Land Registry, the E9 form, and property use declarations, with the aim of ensuring transparency and modernizing the real estate market.Short-Term Rentals Declarations in the AADE Registry are mandatory for every booking made through Airbnb, Booking.com, or any other platform, and must be submitted on time.

Submission Deadline:
The declaration must be submitted by the 20th day of the month following the guest’s departure date.

Example:

Check-in: 18/05/2025

Check-out: 21/05/2025

Submission deadline: 20/06/2025

What happens if you miss the deadline?

Failure to submit or late submission results in a €100 fine per incident. In the case of repeated violations, AADE may impose additional penalties or even revoke the property’s AMA (Property Registry Number).

No. There is no obligation to submit zero declarations to the AADE Short-Term Rental Registry if there were no guest departures or booking cancellations during the previous month.

A declaration is only required when:

1. A guest checks out, or

2. A booking is cancelled.

The submission deadline remains the same: by the 20th of the following month after the departure or cancellation.

Example:
If no bookings or guest departures took place in May, there is no need to submit any declaration by 20 June.

What is the final decision regarding taxation on short-term rentals in Italy for the first property?
The Italian government has abandoned its plan to abolish the reduced 21% tax rate for the first short-term rental property (Airbnb, etc.), so the favorable rate remains in place and will not rise to 26% as originally proposed.13% VAT applies only when the property is managed by a legal entity (e.g. a company) or a private individual who has registered a business activity.

If a private individual (without business registration) rents out the property, the income is not subject to VAT — it is taxed as real estate income.

Example:
Private Individual (no business registration):
✔ Does not charge VAT
✔ Taxed under the rental income scale (15%–35%–45%)

Company or Sole Proprietor (business registration):
✔ Charges 13% VAT
✔ Taxed as a business (Form E3, VAT submissions, ENFIA, EFKA, etc.)

Until when can I correct my details in the Short-Term Residence Register for 2025 income?
Until February 28, 2026, you can correct/finalize your details on the AADE platform without penalty and without changing your AMA.

Read more-

No. Bookings made by private individuals (natural persons who have not registered a business activity) are not subject to 13% VAT.

Explanation:
When a property is rented out by someone not operating as a business, the income is treated as real estate income, not business income. As such:

1. VAT is not applied to the rental amount

2. The host is taxed under the flat rental income tax scale (15%–35%–45%)

3. The guest is not charged VAT

This applies regardless of whether the booking is made through platforms such as Airbnb, Booking.com, or Vrbo.

No. Private individuals cannot fully deduct renovation, equipment, maintenance, or utility expenses related to short-term rental properties.

Only a flat 5% of gross rental income is recognised as deductible expenses by the tax authorities.

Until when can I correct my details in the Short-Term Residence Register for 2025 income?
Until February 28, 2026, you can correct/finalize your details on the AADE platform without penalty and without changing your AMA.

Read more-

What is the final decision regarding taxation on short-term rentals in Italy for the first property?
The Italian government has abandoned its plan to abolish the reduced 21% tax rate for the first short-term rental property (Airbnb, etc.), so the favorable rate remains in place and will not rise to 26% as originally proposed.The Climate Resilience Fee (ΤΑΚΚ) is a new per-night tax applied to all short-term rental accommodations, including Airbnb, Booking.com, and traditional tourist lodgings.

Purpose of the ΤΑΚΚ:
To boost public revenues for environmental protection projects.

To finance initiatives that enhance the country’s resilience to the climate crisis.

To align Greece with European and global green development trends.

Who Bears the Cost of the ΤΑΚΚ?
The fee is charged to the guest, not the property owner or management company.
The owner acts as a tax collector, passing the cost on to the customer at the time of booking.

ΤΑΚΚ and Short-Term Rentals (e.g. Airbnb):
It is applied per night and per type of accommodation.

The amount of the fee may vary depending on:

1. The category of the property (e.g. size, type).

2. The season or period of stay (e.g. high or low season).

The Climate Resilience Fee (ΤΑΚΚ) is charged for each night of stay in properties rented out through short-term renatls, regardless of whether the lessor is a private individual or a company. The amount of the fee varies depending on the season and the type of accommodation.

Fee Rates by Season and Property Type

Important Notes:

1. The fee is charged exclusively to the guest, but it must be collected and declared by the property manager or owner.

2. The charge applies per night, regardless of the booking price or the number of guests.

3. Penalties apply for non-compliance, which vary depending on the lessor’s tax status.

Until when can I correct my details in the Short-Term Residence Register for 2025 income?
Until February 28, 2026, you can correct/finalize your details on the AADE platform without penalty and without changing your AMA.

Read more-

Yes. As of 2024, all short-term rental bookings — regardless of whether the property is managed by a private individual or a company — are subject to the Climate Crisis Resilience Fee (ΤΑΚΚ).

As of 2024, the Climate Crisis Resilience & Adaptation Fee (ΤΑΚΚ) in Greece is charged per night, not per booking.

📌 Key Information for guests, hosts & managers
The TAKK applies to each overnight stay, regardless of who manages the property (private owner or company).

The longer the stay, the higher the total fee.

This regulation applies to all short-term rentals, including those listed on platforms like Airbnb, Booking.com, and others.

Until when can I correct my details in the Short-Term Residence Register for 2025 income?
Until February 28, 2026, you can correct/finalize your details on the AADE platform without penalty and without changing your AMA.

Read more-

The Local Stayover Tax is a municipal tax imposed in favour of Local Government Authorities (OTAs) in Greece. It applies exclusively to legal entities operating in the hospitality and food service sectors.

📌 Key Details:
This is not a tourist tax and does not apply to travellers or private individuals.

It is levied on hotels, short-term rental companies, restaurants, cafés, and catering businesses that operate as legal entities.

The tax is calculated as a percentage of the business’s gross turnover (revenue).

The applicable rate ranges from 0.5% to 0.75%, depending on the municipality.

Collected funds support local public services and infrastructure.

✅ Who Is Affected?
Only legal entities (businesses with a tax registration number). Applies to:

Hotels, furnished apartment companies, and short-term rental operators

Restaurants, taverns, cafés, bars, catering companies

Does not apply to individuals renting out property privately without forming a business entity.

What is the Property Ownership and Management Register (MIDA)?
MIDA is a platform of the Independent Authority for Public Revenue (IAPR) that brings together all property ownership and management data, combining information from the Land Registry, the E9 form, and property use declarations, with the aim of ensuring transparency and modernizing the real estate market.The Local Stayover Tax is a municipal levy applied on the gross turnover (total revenue) of businesses in the hospitality and food service sectors.

Tax rate
The tax is calculated as a percentage of the gross turnover (not per booking or per night).

The applicable rate is:

0.5% or

0.75%, depending on the regulations set by each local municipality (Δήμος).

How it’s calculated formula:

Local Stayover Tax = Gross Turnover × Applicable Rate

Example:

If your business has a monthly turnover of €10,000 and your local authority sets the rate at 0.5%,
→ You owe €50 in Local Stayover Tax.

At 0.75%, the same turnover would result in a €75 tax.

Who is liable?
Only legal entities (e.g. LTDs, partnerships, sole proprietors with tax registration) active in accommodation services (hotels, rental apartments, villas, etc).

Until when can I correct my details in the Short-Term Residence Register for 2025 income?
Until February 28, 2026, you can correct/finalize your details on the AADE platform without penalty and without changing your AMA.

Read more-

Why doesn’t the state impose a general “ban” on Airbnb while there is a housing problem?
Because the revenue is huge: from ~70 million in 2017 to 973 million in 2025 and very close to 1 billion in 2026. The government does not want to “kill” such a large source of tax revenue, so it is opting for targeted geographical restrictions only in areas with high housing pressure (central Athens, Thessaloniki’s 1st municipal district) rather than horizontal bans.

Read more:

The Local Stayover Tax is remitted through a quarterly declaration, following a process similar to VAT reporting.

Declaration & Payment Process
The tax is declared every three months (quarterly) by businesses operating in the hospitality and food service sectors.

The declaration includes the total gross turnover for the quarter and the corresponding Local Stayover Tax amount, based on the applicable rate (0.5%–0.75%).

What is the three-year tax exemption for vacant and former Airbnb properties, and how can an owner take advantage of it?
The new regulation offers a full 36-month tax exemption on rental income for properties up to 120 square meters that have been vacant for three years or have been used as short-term rentals. The owner simply declares the long-term lease to the AADE without any application or criteria.

Read more →

Translated with DeepL.com (free version)

No — the Local Stayover Tax in Greece does not apply to private individuals who rent out property without being registered as a business.

Who is not subject to the Tax?
Private property owners (individuals) who do not have a business registration (no tax number as a sole proprietor or company), operate occasionally or in a non-professional capacity. These hosts are exempt from the Local Stayover Tax.

Who is subject to the tax?
Legal entities (LTDs, SAs, etc.) and self-employed professionals (sole proprietors, freelancers) who have officially started a business activity in the hospitality or food sector

These parties must:

Declare the gross turnover from rental activity

Calculate the tax (0.5%–0.75% depending on the municipality)

Submit a quarterly declaration and pay the tax directly to the local authority

Until when can I correct my details in the Short-Term Residence Register for 2025 income?
Until February 28, 2026, you can correct/finalize your details on the AADE platform without penalty and without changing your AMA.

Read more-

Why doesn’t the state impose a general “ban” on Airbnb while there is a housing problem?
Because the revenue is huge: from ~70 million in 2017 to 973 million in 2025 and very close to 1 billion in 2026. The government does not want to “kill” such a large source of tax revenue, so it is opting for targeted geographical restrictions only in areas with high housing pressure (central Athens, Thessaloniki’s 1st municipal district) rather than horizontal bans.

Read more:

No. According to Greek tax legislation, private lessors (i.e., individuals who have not registered a business activity) are not entitled to deduct expenses related to:

1. Property renovation

2. Equipment (furniture, electrical appliances)

3. Maintenance

4. Utility bills (electricity, water, common charges)

5. Cleaning or other operating costs

The only recognized deduction for individuals declaring income from real estate (rents) is:

A flat 5% deduction on total rental income.
This generally covers maintenance or wear-and-tear expenses, without the need to provide supporting invoices.

⚠️ Important:
If you wish to fully deduct all operating expenses, you must register a business activity (as a professional lessor). Professionals may legally record and substantiate all expenses, as well as offset VAT (if applicable).

Until when can I correct my details in the Short-Term Residence Register for 2025 income?
Until February 28, 2026, you can correct/finalize your details on the AADE platform without penalty and without changing your AMA.

Read more-

The regulation applies to vacant homes up to 120 square meters (with an additional 20 square meters per child over two), which have been unoccupied for three years or have been used for short-term rentals. The exemption applies to three-year leases of primary residences until December 31, 2026, with special provisions for civil servants.

Read more- Tax exemption for vacant homes: What changes for owners and tenants – POMIDA’s position

What is the Property Ownership and Management Register (MIDA)?
MIDA is a platform of the Independent Authority for Public Revenue (IAPR) that brings together all property ownership and management data, combining information from the Land Registry, the E9 form, and property use declarations, with the aim of ensuring transparency and modernizing the real estate market.The three-year vacancy requirement, the link between the exemption and the tenant, the short three-month deadline for re-letting and the exclusion of seasonal workers in the private sector limit the application of the measure, leaving out several residences that could return to the long-term rental market.

What is the final decision regarding taxation on short-term rentals in Italy for the first property?
The Italian government has abandoned its plan to abolish the reduced 21% tax rate for the first short-term rental property (Airbnb, etc.), so the favorable rate remains in place and will not rise to 26% as originally proposed.The guide clarifies when a lease is considered short-term (up to 59 days), the deadlines for declarations, VAT and the consequences if additional services are provided. Special rules apply to Athens.

Read more- Updated AADE guide for short-term rentals: What changes

Short-term rental declarations must be submitted by the 20th day of the following month. Cancellations and renewals require amended declarations. VAT is applied according to the properties and services provided, while managers must correctly submit the data to myDATA.

VAT exemption applies only to individuals who operate up to two properties without additional services. If you own three or more properties or provide services such as breakfast or cleaning, you are considered a tourist accommodation and are required to pay 13% VAT and start a business.

Read more- AADE: Short-term rentals in Greece under the microscope – Extensive audits, strict fines

The new regulation offers a full 36-month tax exemption on rental income for properties up to 120 square meters that have been vacant for three years or have been used as short-term rentals. The owner simply declares the long-term lease to the AADE without any application or criteria.

Read more → Three-year tax exemption for vacant and short-term rental properties – What changes for owners and tenants

Until when can I correct my details in the Short-Term Residence Register for 2025 income?
Until February 28, 2026, you can correct/finalize your details on the AADE platform without penalty and without changing your AMA.

Read more-

Landlords benefit from zero taxation for three years and lower tax rates on rents, while tenants benefit from a greater supply of housing and more affordable rents, especially in urban areas.

The Italian government has abandoned its plan to abolish the reduced 21% tax rate for the first short-term rental property (Airbnb, etc.), so the favorable rate remains in place and will not rise to 26% as originally proposed.

Until when can I correct my details in the Short-Term Residence Register for 2025 income?
Until February 28, 2026, you can correct/finalize your details on the AADE platform without penalty and without changing your AMA.

Read more-

The threshold for being considered a “professional” in short-term rentals is expected to drop from more than 4 properties to more than 2, which means stricter taxation and more obligations for those with large portfolios.

Read more- Italy maintains tax break on short-term rentals

MIDA is a platform of the Independent Authority for Public Revenue (IAPR) that brings together all property ownership and management data, combining information from the Land Registry, the E9 form, and property use declarations, with the aim of ensuring transparency and modernizing the real estate market.

Until when can I correct my details in the Short-Term Residence Register for 2025 income?
Until February 28, 2026, you can correct/finalize your details on the AADE platform without penalty and without changing your AMA.

Read more-

A gradual and smooth transition is proposed, with a transition period of at least two months, without tight deadlines and without immediate mandatory matching of all properties, in order to avoid problems in the functioning of the market.

Read more- New Property Registry MIDA: What POMIDA requests to avoid “freezing” the real estate market

Because the revenue is huge: from ~70 million in 2017 to 973 million in 2025 and very close to 1 billion in 2026. The government does not want to “kill” such a large source of tax revenue, so it is opting for targeted geographical restrictions only in areas with high housing pressure (central Athens, Thessaloniki’s 1st municipal district) rather than horizontal bans.

Read more: Airbnb revenues close to €1 billion, targeted restrictions in 2026

Yes. The average annual monthly income per available accommodation is estimated at ~€1,740, with a net profit of around €800 after expenses and taxes, while the corresponding long-term rental brings in around €600 per month. This difference, along with the prepayment and better control of the property, keeps many owners in short-term rentals, despite the restrictions.

Until February 28, 2026, you can correct/finalize your details on the AADE platform without penalty and without changing your AMA.

Read more- Short-term rentals: February 28 deadline for AADE registry updates

You risk being taxed on 100% of the income listed in the Registry, even if there are other beneficiaries, and you will be more likely to be targeted for audits.

The AADE cross-checks data from Airbnb, Booking.com, and Vrbo with the Short-Term Accommodation Registry and tax returns to identify undeclared income, properties without an AMA, and cases where regulatory obligations are not being met.

Read more- Tax audits coming for Airbnb rentals in Greece, heavy fines for violations

For failure to register with the Registry, the fine amounts to 50% of gross revenue, with a minimum of 5,000 euros, and doubles in the event of a repeat offense. For failure to submit or for submitting an inaccurate short-term rental declaration, a fine equal to twice the rent listed on the platform is imposed.

According to Airbnb, from 2014 to the present, the platform has collected and remitted approximately $17.3 billion in tourism taxes to governments and local authorities worldwide on behalf of the host community.

Read more- Airbnb: $17.3 billion in taxes generated by hosts worldwide

It means that in many markets, the platform acts as a mechanism for collecting and remitting tourism taxes, which enhances tax compliance and reduces the administrative burden on the host. However, this does not negate any remaining tax obligations of the owner or manager at the national level.

Violations involving short-term rentals can lead to very heavy fines. Recent reports on the new wave of inspections state that, during the initial phase of the inspections, fines can reach up to €20,000, while the framework that has already been introduced for serious tax violations involving short-term rentals also includes fines of up to 50% of gross revenue in certain cases.

Read more: Airbnb: Sweeping inspections target 1,500 properties – Who faces fines of up to €20,000

The first Airbnb inspection notices inform property owners or managers that they must provide a complete file of supporting documents for the lawful operation of the property, as the new wave of inspections has already begun. Those subject to inspection are notified at least 10 days before the inspection and are required to submit the necessary documentation so that compliance with the obligations associated with short-term rentals can be verified.

An inspection of an Airbnb property may be completed through an administrative review alone, without a physical on-site inspection, when the supporting documentation file is complete and there are no indications of violations. By contrast, if documents are missing or there are suspicions of irregularities, the authorities may proceed with an on-site inspection.

Read more: Airbnb inspections in Greece: First notices sent to hosts – Required documents and initial reactions

The 2026 TIF package includes discussions on new tax incentives for property owners who withdraw properties from Airbnb or make vacant homes available for long-term rental. Also under consideration is the extension or expansion of the three-year tax exemption on rental income, with the aim of increasing the supply of housing.

They are considered important because their aim is to move more properties into the long-term rental market and reduce pressure on rents. According to the relevant reports, the economic team considers the three-year income tax exemption as one of the strongest tools to bring more homes back onto the market.

Read more: Housing and Airbnb at the center of the Thessaloniki international fair (TIF) – The incentives set to change the landscape

From 1 January 2027, the tax on vacant properties in Paris will increase significantly, rising to 30 per cent of the estimated annual rent for the first year of vacancy (up from 17 per cent at present) and to 60 per cent for the second year (up from 34 per cent respectively).

The decision by the Paris City Council aims to tackle the housing crisis by pressuring owners to put thousands of vacant properties back onto the active market for rent or sale.

Read more: Paris 2027: Tax on vacant properties to double

In accordance with a decision by the Director of the Independent Authority for Public Revenue (AADE), the deadline for submitting declarations for short-term stays that took place in June 2026 has been extended to 30 July 2026.

The extension was granted to assist those liable for the declarations and property managers who encountered technical difficulties during the digital submission process, so that they could complete the procedure without hindrance.

Read more: AADE: Short-term rental declarations for June due by July 30

The European Union is promoting a legislative initiative that provides for the mandatory collection and payment of VAT on short-term rental services in all Member States by 2028, gradually bringing their tax treatment into line with that of the traditional hotel sector.

Professionals and property owners operating on these platforms will be required to incorporate VAT into their pricing policies and adapt their accounting systems, which may affect the final price paid by the consumer.

Read more: A new era for short-term rentals in Europe: VAT coming in 2028

According to a relevant IMF report, the rise in short-term lettings has indeed contributed to the increase in property prices and rents, particularly in areas with high levels of tourist activity, however, it is neither the sole nor the most significant factor in the housing crisis.

The IMF points out that removing homes from the long-term market restricts the total available supply, thereby increasing upward pressure on rents, which makes it necessary to increase the total supply of housing in order to bring prices down in the long term.

Read more: What the IMF says about Airbnb: How much does it really affect housing prices

Inspections carried out by the Independent Authority for Public Revenue (AADE) identified breaches relating to the obligations governing the lawful operation of short-term lettings.

Read more: AADE: 97 violations at short-term rentals in Naxos – €118,795 in undeclared receipts

Managers must ensure they comply fully with the required declarations and other obligations relating to short-term lettings in order to avoid infringements and fines.