Greek Regulations on Short-Term Rentals (STR)

In 2024, the Greek government introduced new regulations affecting the Short-Term Rentals (STR) sector. Below are answers to the most common questions to help you adjust to these changes.

What are the latest changes?

The Greek government has implemented two key fees for short-term rental properties:

• The Vagrancy Fee (0.5%): This fee supports the development and maintenance of infrastructure and public goods in the tourism industry.
• The Climate Resilience Fee: This fee funds environmental protection initiatives and resilience against the climate crisis. For detailed information, visit the official Greek government statement.
• Registration requirements: If you manage three or more properties, you must register as a business or legal entity.

How do I know if I need to comply with these changes?

If you lease your property in Greece for short-term rentals, these new regulations apply to you. Compliance is mandatory for all property owners and managers operating in the STR sector.

Which bookings are affected?

All check-ins from 2024 onwards are affected by these regulations, regardless of when the booking was made.

Who pays the Vagrancy and Climate Resilience Fees?

As the host, you are responsible for remitting both fees to the authorities:

• The Climate Resilience Fee is collected from your guests and must be listed as an additional fee on your property listing.
• The Vagrancy Fee is not directly charged to your guests. It is calculated from the booking value and is borne by you as an additional cost.

How do I inform guests about the Climate Resilience Fee?

For guests who were not informed of the Climate Resilience Fee at the time of booking:

• Contact your guests directly through your preferred communication channel.
• Inform them about the exact fee amount and accepted payment methods (cash, bank transfer, PayPal, etc.).
• Provide clear payment instructions to ensure smooth collection.

What actions are needed to update my properties?

To ensure compliance with the new regulations, take the following steps:

• Configure the Climate Resilience Fee correctly for every property with the updated rates set by the government.
• Note that the Climate Resilience Fee varies by property and season. Check the official government guidelines for current rates.
• Be aware that Holidu's configuration system only allows one standard fee for the entire year. Different fees per check-in month cannot be set within the platform.
• For configuration assistance, contact the Holidu customer support team.

I have 3 or more properties on Holidu. Do I need to do anything else?

Yes, additional steps may be required:

• Consult your local tax advisor about specific registration requirements for managing multiple properties.
• If registration is required as an individual company, your name remains your business's legal name on Holidu.
• If you need to register as a legal entity, a new legal name might be required, which means creating a new Holidu account and migrating your properties. Property migration does not affect existing bookings, billing, or payment details.

Where can I get more information?

For comprehensive information about Greek short-term rental regulations and the Climate Resilience Fee, visit the official Greek government (AADE) website.