Symi Property Services

26/09/2025

Greece enforces new short-term rental rules from October 1, requiring safety, insurance, and quality standards, with fines of up to €20,000 for non-compliance.

26/09/2025

If you have a short term rental or are considering setting one up, it is important to stay up to date on the ever-changing legislation. Please be aware that these new regulations must be complied with, regardless of which platform you use to market your property or if you take direct bookings.

Greece enforces new short-term rental rules from October 1, requiring safety, insurance, and quality standards, with fines of up to €20,000 for non-compliance.

05/09/2025

If you own a short term rental property it is time to stop procrastinating and tick off everything on the list. ☺️

21/01/2025

https://news.gtp.gr/2025/01/20/greece-to-enforce-new-rules-for-short-term-rentals-starting-october-1/?utm_source=GTP+headlines+list&utm_campaign=c9ab9919e9-gtp+headlines+21+January+2025&utm_medium=email&utm_term=0_742e571d31-545c9faed4-65011082

Following on from yesterday's post, here are the details that now apply to properties let out on short term booking platforms such as AirBnB, Booking.com and similar. Note that this also applies to any short term lets so if you market your property through Instagram, Facebook, your own website and so on, you still have to comply with these laws.

The easy ones which you may already have in place are civil liability insurance, wiring certification from a licensed electrician, fire extinguishers and an emergency contact guide.

Items that are relatively easy to fix and not expensive are a first aid kit and a pest control certificate (someone comes over from Rhodes to treat your property every year).

The things that are trickier, within the context of Symi's unique architectural status, are the mandatory installation of air conditioning, smoke detectors and escape signs.

The prohibition on letting out basements and semi-basements may also cause some problems as many of Symi's traditional houses are built into the hillsides and how does one define what constitutes a 'semi-basement' in a house that is surrounded by rock on one or more sides?

As of October 1, 2025, new specifications for short-term rental properties in Greece will take effect, according to a new law.

20/01/2025

https://news.gtp.gr/2025/01/17/new-greek-tourism-bill-passed-sustainability-measures-and-rules-for-airbnb-type-rentals/?utm_source=GTP+headlines+list&utm_campaign=cf2744e12f-gtp+headlines+20+January+2025&utm_medium=email&utm_term=0_742e571d31-545c9faed4-65011082

Does your rental property meet the new requirements? Is it air conditioned? Does it have natural light? Are fire exits marked and does it have smoke detectors, fire extinguishers and fire hoses? Does your insurance policy include public liability in case your guests have an accident in your premises? These and many other items are now requirements if you want to legally let out your property as a short term rental. Owners have until October 2025 to get their properties up to scratch before the inspections and fines start so be aware and start making plans.

Greek Parliament has approved a new tourism bill that regulates short-term rentals and establishes an environmental classification system for hotels, among other provisions.

10/01/2025

This is a story anyone involved with tourism in Greece is watching closely at the moment.

Properties in Greece not classified as primary residences are set to be removed from short-term rental platforms, according to a new Tourism Ministry bill.

08/01/2025

Another year, another fee to pay.

As of January 1, the new, increased rates for the “Climate Resilience Fee” have come into effect in Greece.

09/09/2024

The salient points for Symi property owners are as follows:

"The key measures announced include:

– Tax incentives for long-term rentals: Property owners who convert short-term rentals into long-term leases or bring previously closed apartments onto the rental market will be exempt from rent tax for three years. This is aimed at encouraging more properties to be offered as long-term rental options, addressing the housing shortage in key areas.

– Increased taxes for short-term rentals: Conversely, new regulations will introduce increased taxes on short-term rental contracts through platforms like Airbnb. The specifics of these tax increases will be outlined by the Finance Ministry in the coming days."

Greek PM Kyriakos Mitsotakis announced new regulations for Greece’s short-term rental market during the Thessaloniki International Fair.