18
Thu, Jun

Tighter Rules for Airbnb-Style Rentals Spark Backlash

Tighter Rules for Airbnb-Style Rentals Spark Backlash

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Greece is set to tighten regulations governing short-term rentals, with a new provision in a Finance Ministry bill drawing strong opposition from property owners and industry groups.

The proposed measure would revoke a property’s registration number for short-term rentals (AMA) not only when ownership changes through a sale, but also in cases of inheritance, parental transfers, gifts, or other legal transfers. The restriction applies exclusively to properties located in central Athens and Thessaloniki, where the issuance of new AMA registrations has been suspended or is expected to be suspended.

STAMA Greece has strongly criticized the provision, arguing that it penalizes law-abiding owners rather than addressing market abuses. According to the association, thousands of individuals who invested legally, complied with all regulatory requirements, and contributed to the revitalization of neglected urban areas could lose a valuable property and income-generating right simply because ownership changed hands through inheritance or family transfer.

The organization estimates that more than 10,000 owners and families may be affected. It warns that the measure could create a two-tier property market,

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