For two decades, Airbnb and the like have been a no-brainer for property owners in Greece. The picture is not so dear-cut anymore. With regulations tightening, the impact on local communities being obvious and wide disparities in returns on investment, it’s time to rethink your options.
Long-term rentals provide a steady stream of income, ensuring financial stability. A typical rental agreement is concluded for an initial period of three years, renewable.
Long-term tenants mean less turnover, which translates into reduced cleaning and management hassles.
Fewer turnovers mean reduced maintenance and utility expenses. While you remain responsible for the bigger repairs, the daily maintenance is your tenant’s responsibility.
Long-term tenants become part of the local community, contributing positively to the neighborhood.
Holiday rentals are becoming more and more regulated, with new restrictive regulations coming into effect quickly.
Wondering if renting short or long-term is right for you? Please fill out the form to get a free consultation.
Our team will contact you and provide you with the facts and figures for your property.
Greece is tightening regulations on Airbnb and similar short-term rental platforms to ensure tax compliance and a level playing field with hotels. Owners with over two short-term rentals will now pay VAT, declare income, and maintain open books. A visitor’s tax and climate-crisis tax are being applied to short-term rentals. Greece’s Independent Revenues Authority has deactivated over 17,000 non-compliant Airbnb listings. New collaborations with online platforms aim to eliminate tax evasion and promote financial stability for property owners. This crackdown comes in response to the negative impact of short-term rentals on traditional rental properties, making them harder to find and more expensive for Greeks.
We understand the local market dynamics, ensuring optimal rental rates. We can advise you on the best rent point, and will advertise your property on all platforms with an optimized description.
From tenant screening to maintenance, from contract preparation to handling the day-to-day tenant management, we handle everything for you.
We keep you informed every step of the way, providing peace of mind. You receive a detailed report every month, alongside the rent payment.
Our team is always available to address your needs and concerns. You can reach your property manager at any time.
Our goal is to maximize your property’s return on investment while minimizing your workload. The rent is secured by a rent guarantee scheme. No more unpaid rent.
Mobilia Property Management, is the sister company of Mobilia Real Estate. Our offices are located in Pagrati. Together, we manage a large amount of properties in Athens, ranging from one-bedroom flats to family homes.