Airbnb: Important updates for hosts – Changes to VAT, property registration, and restrictions in Athens

The taxation model for Airbnb-style short-term rentals has go much analyzable and complicated, with landlords needing to beryllium good alert of the caller pitfalls to debar facing fines. A usher to navigating the pitfalls of the authorities is the updated usher from the Independent Authority for Public Revenues (AADE) with questions and answers connected short-term rentals, which details the caller obligations of landlords.

From 1 January 2024, it volition not substance whether the lease is done done a level oregon with a backstage statement “in hand”. If the enactment is for up to 59 days and nary services beyond basal bedding are provided, it is considered short-term and indispensable beryllium registered with the Registry of the RSA with a Property Registration Number (PRN). This closes the model for those who person truthful acold tried to debar the registration level by claiming they are not renting done Airbnb oregon Booking.

Another “cutter” is rental renewals. If a tenant initially books for 51 days and past stays for different 13, the APA sees it arsenic 2 abstracted rentals. So the archetypal portion is inactive considered short-term and is not dubbed “long-term” due to the fact that the bounds was exceeded. This means that each declaration is considered separately, and the explanation cannot beryllium circumvented.

The different large clarification concerns what is considered “property”. Now, adjacent a country wrong an flat is considered a abstracted spot and gets its ain AMA. However, if the proprietor gives 2 rooms with abstracted AMAs and besides has a 3rd AMA for the location arsenic a whole, the IRS volition number 2 properties, not three. This item matters due to the fact that it determines whether the payer volition enactment nether the three-property bounds oregon spell into business.

The past loopholes are being closed successful the taxation regime. An idiosyncratic with up to 2 properties cannot state a “business” to walk expenses. The income is recorded solely arsenic existent property income. From 3 properties oregon more, oregon successful the lawsuit of immoderate ineligible entity, the income is considered a concern and comes with a afloat acceptable of obligations: Tax13% connected each properties, a Transient Occupancy Fee, a Climate Resilience Fee, and an interface with myDATA. This brings the “big players” compulsorily into the mean taxation regime.

In addition, anyone who provides different services beyond linen, specified arsenic cleaning, meal oregon transport, is taken retired of the Airbnb framework. The spot is present considered tourer accommodation, and the relation indispensable unfastened a concern and marque a notification to the NotifyBusiness of the Ministry of Tourism.

This yea,r the mode of calculating the Climate Resilience Fee has besides changed. If the enactment covers months with antithetic interest amounts – for example, from December to January oregon from May to June – a azygous receipt volition not beryllium issued, but a abstracted 1 for each month. This brings much bureaucracy but besides much transparency to the fee.

The scenery is besides getting tighter successful the halfway of Athens. In the archetypal 3 districts of the metropolis (where a “freeze” connected caller AMAs has been imposed), 1 cannot unfastened a caller registration. Only those properties that were already registered by 31 December 2024 are exempt. These tin reapply for an AMA if the manager changes owed to a caller lease, if determination is simply a transportation oregon inheritance, oregon if re-registration is required aft a break. For each others, the registry is closed.

Finally, a wide acquisition was enactment successful that a caller AMA fig indispensable beryllium issued whenever determination is simply a alteration of proprietor oregon manager. The fig is not “inherited” from the erstwhile one, but the process starts from the beginning.