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Search Results for: Airbnb

Greece’s PM hints at cap on rental days for Airbnb

Greece’s Prime Minister Kyriakos Mitsotakis indicated potential measures to tighten regulations on Airbnb and other short-term rentals, including considering a cap on rental days. “We have already enforced restrictions and requirements for those using Airbnb for commercial purposes. Additionally, we will discuss the appropriate duration for short-term rental of properties,” …

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Hoteliers, Airbnb owners want clarifications regarding VAT, accommodation fee

Representatives of the short-term rentals sector as well as of the hotel sector, are in favor of the measures recently announced by the government regarding the imposition of VAT and accommodation fee. However, as they argue, there are some issues regarding the specific measures that have not yet been clarified, …

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Tax changes for Airbnb owners; accommodation fee increase

Property owners who operate three or more Airbnb-type properties will be called to have closer contacts with Greece’s tax office, Prime Minister Kyriakos Mitsotakis announced on Saturday. At the same time the PM announced also an increase in the accommodation fee in order to cover up costs for damages caused …

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Athens among EU cities demanding tougher rules for Airbnb rentals

Greek capital Athens are among an alliance of 22 cities from across Europe that urged the EU on Thursday to enact tougher rules on Airbnb and other short-term holiday rental platforms, accusing them of driving up property prices and squeezing out locals. Representatives from Paris, Barcelona, Florence, Berlin and other …

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Airbnb to pay compensation to hosts to cover COVID-19 cancellations cost

Online booking platform Airbnb will pay compensation to millions of hosts around the world due to coronavirus lockdown and cancellations, CEO Brian Chesky said in a message on Tuesday. Airbnb will pay the compensation because of a wrong decision to allow guests who have canceled to get refund. The compensation …

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Airbnb market in downward trend as property owners see income decrease

The fashion of the short-term leases via the online platform Airbnb is slowly starting to go downwards both in terms of occupancy and prices According to daily tanea, more and more property owners in Athens and Attica abandon the short-term leases and return to traditional “tenants.” Fierce competition and rising …

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Greek court strikes a blow to Airbnb rentals in apartment buildings

Short-term rentals via online platforms like Airbnb need the consent of all apartment owners if the place to rent is in an apartment building. This was the ruling of a Greek court in Nafplio, a ruling that strikes a blow to the Airbnb market in the country. The One-Member Court …

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Greek authorities discover 20,000 tax undeclared Airbnb properties

The Independent Authority for Public Revenues (AADE) on Sunday revealed that it has tracked down some 20,000 undeclared short-term rental properties on the Airbnb platform , which had not been added by their owners to the AADE electronic register. The authority has also found 130 property owners that had concealed …

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Online rentals benefited Greece by $1.4billion, says Airbnb

The Greek economy benefited from Airbnb by 1.4 billion US dollars in 2018, the online rentals platform said in a press release. Airbnb released statistics for over 30 countries about the “direct economic impact” of the platform. The data are based on host income and estimated guest spending- in USD …

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Tax platform for revenues from short-term rentals via Airbnb is online

Greek tax authorities finally activated the platform for registrations for revenues from short-term rentals via online platforms like Airbnb, Home Away and others. The registration platform “Short Term Residence Rentals Registration” went in operation late Thursday night. It mainly concerns property owners, natural persons and legal entities, that lease their …

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Airbnb rentals in Greece may be VAT-exempted under certain conditions

Short-term property rentals through online platforms like Airbnb can be exempted from Value Added Tax under certain conditions. According to a circular issued by the Independent Authority for Public Revenue, VAT exemption is provided in cases where the owner does not offer any additional services to guests comparable to hotel …

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What is the proper way to lease Greek real estate on Airbnb

European countries are trying to regulate their short-term rental markets – Barcelona has restricted the issue of rental licences in its central districts, and Portugal has made it mandatory to show the official rental license number of any property when it’s advertised online. What measures is Greece taking in this …

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