Greece's holiday home crackdown fails as short-term rentals surge despite new taxes
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manchestereveningnews.co.ukGreece's efforts to manage the challenges posed by its booming tourism industry, through extensive taxes and regulations targeting holiday homes, seem to have fallen short.
Despite hefty fines and additional charges imposed by the government, the number of residential properties surged by nearly 10 per cent in 2024 alone.
According to data from AirDNA, there were 14 million overnight stays by foreign tourists using short-term rentals like Airbnb for their holiday accommodation in 2024.
This is an increase of 2 million from 2023, prior to Greece implementing policies to address issues caused by overtourism, such as skyrocketing rents and deteriorating public services.
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