Athens extends ban on new short-term rental registrations until end of 2026

Greek authorities have opted against hastening liberalisation. The ban applies to central districts of the capital and is designed to address the housing crisis. Tourism has displaced local residents from the centre, with apartments converted for tourist use—resulting in young people and families struggling to find adequate housing at reasonable prices.

Penalties for breach are substantial: up to €40,000 for each unlawfully registered listing. This is not merely advisory; it represents a genuine threat to those attempting to circumvent the rules.

For investors eyeing Athens as a platform for income-generating property, this sends an important signal. The short-term rental model in the city centre is becoming increasingly unattractive. By contrast, long-term investment in residential stock appears likely to receive state support.

Source: GreekCityTimes Real Estate