Countervailing measures lagging, short-term rentals growing in Greece
Countervailing measures lagging, short-term rentals growing in Greece
1/7/2024 6:16

Limitations on turning investment properties into short term rentals by foreign buyers to qualify for Golden Visas that provide residency permits and passports hasn’t stymied the phenomenon.

The number of short-term rentals on platforms such as Airbnb, that saw whole neighborhoods emptied of long term residents in favor of tourists – reducing supply, increasing demand and spiking rents – is still happening.

Source: The National Herald

Related news

NEWSLETTER