Greece launches mass inspections of Airbnb properties with fines up to €20,000 for breaches

The country has begun its first wave of inspections, checking 1,500 properties against new safety standards. The drive targets primarily owners renting residential units to tourists through the popular platform.

What penalties face violators? Fines start at modest levels but can reach €20,000 for repeat breaches. This represents a significant threat to income for those relying on passive earnings from the short-term rental business.

For investors holding Greek property and letting it through Airbnb, the message is clear: urgent action is needed to verify that your property meets the new requirements. Failure to comply will prove costly.

Source: GreekCityTimes Real Estate