After inviting foreign investors to qualify for Golden Visas by buying properties, Greece is looking at limiting how many nights apartments and homes can be used for short-term rentals, which spiked prices and is drying up the market.
While the New Democracy government has since stopped the practice, Golden Visa holders had scooped up multiple properties when the threshold for qualifying was only 250,000 euros ($270,272) and saw many put those out for nightly rentals.
Source: The National Herald
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