Sweeping changes coming to short-term rentals: Clashes between ministries, local authorities, and hoteliers over new restrictions

The authorities is preparing a large shake-up successful the hottest conception of the existent property market—short-term rentals. Ministries and tourism bodies person begun drafting a program to bounds the fig of Airbnbs connected fashionable islands and tourer destinations. At the halfway of the statement is the astir arguable connection yet: imposing limits connected the full fig of days an Airbnb tin beryllium rented retired per twelvemonth and/or introducing licensing quotas, with municipalities and different section authorities playing a cardinal relation successful mounting timeframes and different restrictions. These proposals person already sparked a tempest of reactions, opening rifts betwixt ministries, section governments, and tourism entrepreneurs.

The caller spatial framework

The caller spatial readying scheme, which efficaciously outlines quotas for short-term rentals, has agelong stoked the flames of controversy. Simply put, successful alleged “saturated areas”—such arsenic Santorini, Mykonos, Corfu adjacent the town, Zakynthos, Rhodes, Tinos, arsenic good arsenic Chania and Skiathos—the fig of disposable Airbnb-style accommodations volition not beryllium allowed to transcend a acceptable percent compared to edifice beds. For example, if an land has 10,000 edifice beds, past short-term rentals volition beryllium constricted to a ratio acceptable by the Ministry of Tourism successful collaboration with section authorities, with immoderate proposals suggesting a headdress arsenic precocious arsenic 50%.

But the restrictions don’t halt there. Even tighter measures are being considered, specified arsenic mounting a bounds connected the fig of days each spot tin beryllium rented out. Discussions are pointing to a 120-day yearly cap, portion successful areas facing precocious lodging pressure—like municipality centers oregon fashionable tourer zones—the bounds could driblet to conscionable 90 days. The rationale is that the much homes are made disposable to tourists, the less are near for imperishable residents, driving up rents and sparking societal tensions.

Municipalities are demanding to person an progressive relation successful implementing the caller plan. They privation the authorization to find however galore properties tin beryllium registered successful the Short-Term Rental Registry, particularly erstwhile much than 50% of section lodging is already utilized for tourer purposes. On the different hand, the Ministry of National Economy and Finance, on with the Independent Authority for Public Revenue (AADE), powerfully reason this direction, drafting a reddish enactment to support the €800 to €900 cardinal successful yearly taxation gross generated by short-term rentals.