AADE records a rapid increase in tax revenues from short-term leases according to commanderGeorge Pitsilis.

Speaking to Prodexpo, the AADE governor said that in 2017 tax revenues were around 70 million euros, while last year they reached 740 million euros. This year, in the first 9 months, we have revenues of 742 million euros (against 640 million euros in the corresponding period of 2023) and we estimate that at the end of the year we will reach 830 million euros”, emphasized Mr. Pitsilis.

He underlined that AADE has developed, in collaboration with the short-term rental platforms, tools that provide quality data for the market.

According to this data, 6,200 legal entities have declared more than 3 properties, with the image of compliance with the law being good, as 90% have opened books, about 500 have given wrong codes, while another 500 have not taken any action .

“We have identified them and we will harass them in the next period to comply,” said Mr. Pitsilis, adding that now only 12% of listings on these platforms are problematic.