Short Term Lease Tax Guide on Airbnb Type Business in Greece
- Tax Experts
- Jun 5
- 2 min read
January 11, 2018
This Short Term Lease Tax Guide on Airbnb Type Business in Greece provides a comprehensive overview of the legal, tax, and procedural requirements for renting property via digital platforms, including registration, declarations, tax rates, and potential penalties.
Short-Term Leasing in Greece – Legal, Tax & Procedural Guide (2024 Update)
I. INTRODUCTION
Since 1 January 2017, income from short-term leasing of real estate via platforms (like Airbnb) is taxed under Article 39A of Law 4172/2013.
As of 1 January 2018, registration and reporting procedures are regulated under Article 111 of Law 4446/2016, per IAPR Decision (Gov. Gazette B’ 4232/2017).
II. KEY DEFINITIONS
Short-term lease: Rental via digital platforms for less than one year.
Short-Term Real Estate Registry: Maintained by IAPR; registration number assigned per property.
Administrator: Responsible party (owner, sub-tenant, or legal representative) who:
Registers the property
Files lease declarations
Indicates income recipients and their shares
Posts registration numbers in listings
Income Beneficiary: Person/entity taxed on the rental income; typically the administrator and co-beneficiaries.
III. REGISTRATION PROCESS
Before Registering
If the administrator ≠ owner, a Statement of Information on Letting must be filed.
In case of co-ownership, no need for this statement if one co-owner acts as administrator.
Steps
Visit: www.aade.gr
Log in with TAXISnet credentials
Input:
Contact and property details
Beneficiary data
Property ID (from Land Registry)
A unique registration number is generated per property.
IV. FINALIZATION OF REGISTRATION
Must be finalized by the start of income tax filing for the relevant year.
Unfinalized data becomes final at deadline.
If co-beneficiaries aren't listed, full income is taxed to the administrator.
V. SUBMISSION OF SHORT-TERM DECLARATIONS
Via www.aade.gr using TAXISnet:
Information needed:
Registration number
Rent amount / platform used / tenant data
Lease dates
Payment method
Licensed tourist villa managers must also submit their authorization numbers.
VI. MODIFIED DECLARATIONS
May be filed to correct:
Rent amount
Stay duration
Cancellations
Entry errors
VII. DEADLINES
Initial or modified declarations: By 12:00 noon of the next business day after tenant departure or cancellation.
VIII. PENALTIES
Offense | Fine |
Unregistered property or improper display of registration number | €5,000 |
Failure to submit declaration | 2x the listed rent |
Late submission | €100 |
Platform non-compliance with IAPR | €250–€500 |
Repeat offenses increase fines (up to 4× the original).
IX. INCOME TAX
Natural Persons
Taxed as rental income if only basic accommodation (incl. linen) is provided:
Income (€) | Tax Rate |
0–12,000 | 15% |
12,001–35,000 | 35% |
35,001+ | 45% |
If additional services (cleaning, meals, etc.) are provided, it's classified as business income (higher tax obligations).
Legal Entities
Always treated as business income under Article 47(2) of Law 4172/2013.
X. VAT
Exempt from VAT if only accommodation and linens are provided.
Business income cases may be subject to VAT.
XI. SOCIAL SECURITY (EFKA)
Not subject to EFKA if classified as income from real estate.
Business classification triggers social insurance obligations.
XII. NOTES & LIMITATIONS
Restrictions may be introduced (by joint ministerial decision) on:
Max 2 properties per taxpayer
Max 90 rental days/year (60 on small islands)
Legal risks may arise if:
The property is not legally permitted for lease
Additional services are mistakenly offered, changing the income classification
Proper declaration is essential to avoid business taxation.
Relevant Legal References
Law 4446/2016, Article 111
Law 4172/2013, Article 39A
Gov. Gazette 1187/2017
Source: taxheaven.gr
