Greece – Holiday Homes | Tax Relief for Landlords Moving into Long-Term Rentals

 

For some time now, the fight against short-term rentals has been spreading internationally to all countries of the world and Greece is also taking serious measures and a firm position to try to limit the damage caused to local communities.

According to what was reported by Il Sole 24 Ore, economic-political-financial newspaper with headquarter in Milan that deals with issues and news in the regulatory and tax sectors, especially in the economic field with the trend of the financial markets, the latest news concerns the measure put in place by the Greek government that will grant three-year tax relief to homeowners who convert their leases from short-term rentals to long-term rentals term.

This initiative is part of the plans developed with specific measures wanted by the Government of Nea Dimokratia, Democracy, liberal - conservative political party founded in 1974 by Konstantinos Karamanlis to support citizens in their search for housing.

In recent days, Prime Minister Kyriakos Mitsotakis had already explained that in three central districts of the capital Athens permits to stipulate new short-term leases will be suspended throughout 2025.

These three districts are Koukaki, rather expensive area located under the Acropolis and the Filopáppou hill, extremely close to the historical centre of Athens, a lively area that offers many shopping and entertainment opportunities attracting a large number of tourists, Exarcheia, urban area close by the National Technical University of Athens framed by the lively Alexandras Avenue. Panepistimiou Street and Patission Street.

The third is Plaka, one of the oldest neighbourhoods of the Greek capital clustered around the northern and eastern slopes of the Acropolis, iconic, metropolitan area also known as the Neighborhood of the Gods and famous for its many archeological sites.

Link - https://www.ttgitalia.com/notizie-estere/case-vacanza-in-grecia-sgravi-per-chi-passa-al-lungo-termine-KA21129737

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