Greek Regulations on Short-Term Rentals (STR)

Greek Regulations on Short-Term Rentals (STR)

In 2024, the Greek government imposed changes on the tourism industry, particularly on the "Short-Term Rentals (STR)". 

Below are the most frequently asked questions and answers to help you manage your property and adapt to the new requirements.

What exactly are the new changes?

• The Vagrancy Fee (0.5%): supporting the development and maintenance of the infrastructure and public goods in the tourism industry.
• The Climate Resilience Fee (details here): supporting environmental protection initiatives and building resilience against the climate crisis.
• Legal requirements for Hosts with 3 or more properties: new requirement to register as a business (individual company) or as a legal entity.

How do I know if I need to comply with these changes?

• If you rent your property in Greece on a short-term basis, then you need to start complying to the changes.

What bookings are affected by these changes?

• All check-ins from 2024 and onwards, regardless of when the booking was made. 

Who has to pay the Vagrancy and Climate Resilience Fees, me as the host or the guest?

• As a host, you are responsible for remitting the fees to the authorities.
• The Climate Resilience Fee should be collected from your guests. For this reason it is important to mention the fee in the listing of each property as an additional fee to be paid. 
• The Vagrancy Fee is not directly charged to your guests. The fee is calculated from the booking value, and should be borne by you as an additional cost.

I have guests who were not informed of the Climate Resilience Fee at the time of booking. How can I inform them?

• Please contact and inform your guests directly by your preferred means and inform them about the exact fee and payment method (cash, bank transfer, PayPal, etc.).

How are these fees collected from the guests?

• As a host, you are responsible for collecting the Climate Resilience Fee. It is up to you to decide how to collect the fee, which could be directly at the time of check-in or through digital means (e.g. bank transfer, PayPal, etc.).
• The Vagrancy Fee is not charged separately to the guest. Therefore, there is no need for an additional process to collect it. Deduct it from your income as an additional cost.

What do I need to do to update my properties?

• Please ensure that the Climate Resilience Fee is correctly configured for every property with the updated rates imposed by the government. For questions regarding the configuration please contact our customer support.
• The Climate Resilience Fee depends on each property and season, for details please click here. 
• Please note that the Holidu configuration only allows one standard fee for the whole year. It is not possible to set different fees per check-in month. 

I have 3 or more properties on Holidu. Do I need to do anything else?

• Please ensure with your local tax advisor if you are expected to register as a business or legal entity. 
• If yes, please note the following:
  • As an Individual Company, you will be able to keep your name as the legal name of your business. Hence, your legal name on Holidu will remain the same.
  • As a Legal Entity, you may need a new legal name. If this is the case, you will also need to change your legal name on Holidu. This requires a new Holidu account, followed by a property migration.
  • After a property migration, all existing bookings (regardless of the Check-In date) will not be affected by the update. Billing and payment will remain with the current details. 

If I still have questions, where can I get more information?

• For further information related to these changes, please visit the official page of the Greek government (AADE) here.