Is Airbnb legal in Mykonos?

Airbnb regulations in Mykonos, as part of Greece, mandate that property owners must comply with specific laws and guidelines specific to short-term rentals. Here are the key aspects of these regulations:

1. Legal Registration: To legally rent a property on platforms like Airbnb, hosts must first register their property with the Short-Term Residential Rental Registry maintained by the Independent Authority for Public Revenue (IAPR) and obtain a registration number (AMA). This number is crucial as it must be displayed in the Airbnb listing to indicate compliance.

2. Short-Term Rental Declaration: Hosts are required to submit a Short-Term Rental Declaration by the 20th of each month following a guest's departure, detailing the rental's occupancy. Failure to submit this declaration on time can result in administrative fines.

3. Rental Duration Limits: While currently, there are no strict limits on how many days a property can be rented annually, the law allows for a maximum rental period of 90 days per year for hosts renting their entire home. For properties on islands with fewer than 10,000 inhabitants, this limit is reduced to 60 days, unless the owner’s total rental income is less than €12,000.

4. Taxes: Hosts must pay income tax on rental earnings, with rates depending on income brackets. Additionally, hosts providing other services must charge Value Added Tax (VAT). As of 2024, new rules will impose a €1.50 accommodation fee per booking for hosts renting out one to two properties.

5. Compliance with Local Regulations: In addition to national laws, hosts must also be aware of local municipal rules that may impose further restrictions or requirements.

6. Insurance and Safety: Hosts are encouraged to ensure that they have appropriate insurance coverage for their properties. They must also follow safety guidelines to guarantee the well-being of their guests.

By understanding and adhering to these regulations, hosts can help ensure a smooth and compliant hosting experience in Mykonos. Remember that staying informed about any changes in legislation is crucial for ongoing compliance.