In new era the market enters short -term leasing In Greece, as on Wednesday, October 1st, Law 5170/2025 has begun to establish strict terms and conditions for the real estate available in this way.

Tourism Minister Olga Kefalogiannis, recently presenting the new institutional framework, stressed that it is clear, setting rules, so that competition can work fairly for all and to ensure improvement in the quality of the services provided. It establishes clear rules of qualitative criteria and legality, taking into account the increase in this activity, which is part of the tourist offer. That is why the government also recognizes the need to safeguard healthy competition in the field of hospitality. It is sought to alleviate the pressure exerted by increased travel flows to certain destinations, as well as the contribution to the healthy economic and social development of destinations, promoting a balanced supply to hospitality and housing in residents, workers and more.

The minister expressed his confidence that new arrangements contribute to the implementation of the goals for quality and sustainable development of Greek tourism, which continues to record historically high performance, as data so far for 2025 show that it will be another positive year. “Already in the first seven months of the year, travel receipts increased by 12.5%compared to the corresponding period of 2024. While incoming travel traffic, in terms of territory, increased compared to last year. The important thing, however, is that the dynamics of expanding tourism activity is maintained in the months of out -of -the -top months, the lateral and winter months, which is a key pursuit of our strategy, “Ms Kefalogiannis said.

Strict controls and sanctions

The new institutional framework provides for compliance controls by the Ministry of Tourism and the HRAD as well as penalties and fines corresponding to those applicable to tourist accommodation. The Ministry of Tourism through AADE has already sent online information to all registered real estate administrators with a registration number (AMA) and a relevant circular has been issued, which explains the specifications and which will also be sent by automated.

In this context, from October 1, those who do not constitute main use of main use under the urban regulation are deleted from the AADE electronic records and in particular the short -term property register. Therefore, they lose their property registration number (AMA) and AADE will update online lease platforms with which it has signed memorandums of cooperation and exchange of information, such as Airbnb. Due to the rigorous framework activated, it is estimated that 5% -10% of accommodation is immediately set.

In addition, by the end of the year it is expected that it is expected that – beyond the first three apartments in Athens – areas of the country will prohibit the allocation of new real estate with short -term leasing, as well as other motives and disincentives to be established in order to return real estate.

According to the key points of the new legislative framework, short -term properties are now obliged to meet minimal requirements, including: to be main use spaces under the new building regulation and to have natural lighting, ventilation and air conditioning, to have an insurance and an insurance policy of Musk, to have a responsible statement of electrician installer, fire extinguishers and tobacco detectors, interruption relay or relay relay relay and have an escape mark and have a certificate of insecticide and insecticosis, a pharmacy with first aid, as well as first aid.

Historical records the short -term lease marks

At the same time, the short -term lease market in Greece continues its explosive rise by recording a record number of accommodation and beds available. According to INSEU data, the number of short -term leasing accommodation, Airbnb type, is ongoing rise in January – August 2025, with a record in May, with 236,000 accommodation, which was re -raised in June with 242,000 in July 242,000 and June 24. today. The number of accommodation in August reached 247,000, recording a new historical high and consolidating the strong upward trend of the summer season.

Concerning the available short -lease beds, the third quarter started with July setting a new record with 1,078,236 beds, increased by +57,000 compared to July 2024. The upward course continued in August, with the number of available beds reaching 1.081. It is a new historical high, which highlights the steady reinforcement of the short -term lease dynamics at the culmination of the summer season.

The increased offer of short -term lease accommodation seems to be proportional to the increase in visitors, as the levels of fullness have remained high, following a steady upward trend. In June it was recorded 40%, the same percentage as 2024, in July, the rate rose to 51%, remaining at the same level as last year, while in August the rate stood at 58%, compared to 59%in August 2024. Despite this low decline, the levels of completeness remain high.

The average stay in short -term leasing accommodation in the first quarter of 2025 showed a general decrease compared to the corresponding period of 2024, while in the second quarter it recorded stabilization in April and mild recovery in the coming months, partially reversing the decrease in the first quarter.

The third quarter began with stability in July, when the average duration of stay was 4.1 nights, as well as in July 2024. In August, a new rise was recorded, with the average stay of stays reaching 4.2 nights, increased by +2.4% over 4.1.

The ITSE data shows that visitors to short -term leasing accommodation were mainly foreigners, covering more than 90%. Indicatively, in May and June, foreign travelers represented 92%of total demand, in June 91%, while in August the figure stood at 89%. Indeed, May’s performance is the second highest price recorded for the period 2019-2025, after 93% of September both 2023 and 2024. Historically, a corresponding rate was once again recorded in June 2022.