Is Airbnb legal in Santorini?

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Santorini, Greece Airbnb Rules & Regulations

Last updated on: 13th August, 2024

Don’t worry, Airbnb is legal in Santorini!
Here are some statistics! As of 13th August, 2024, there are 4,213 listings available in Santorini from Airbnb alone. Maria manages 37 listings, while Dragons Group and Amalia operates 34 and 33 respectively. Out of 4,213 listings, 100% of listings have short-term rental licenses. Most listings have local permit to operate as a short-term rental. Keep reading this to learn more about short-term rental rules.
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Map
Occupancy Rate

79%

€224

Daily Rate

€61K

Revenue (2023)

4,213

Number of Listings

Short-term Rental Regulation & Rules in Santorini

Airbnb Regulations in Santorini, Greece

In Santorini, like many other regions in Greece, Airbnb rentals must comply with specific national and local regulatory frameworks aimed at controlling short-term rentals and ensuring the protection of both tourists and the local community.

  1. Property Registration: Airbnb hosts are required to register their property with the Greek Short-term Residential Rental Registry. Upon registration, hosts receive a Property Registry Number (PRN), which must be included in their Airbnb listing. This ensures transparency and allows authorities to track short-term rentals.

  2. Licensing for Long-Term Rentals: If hosts intend to rent their entire home for more than 90 days per year, they must obtain a license from the Greek National Tourism Organization (GNTO).

  3. Payment of Taxes: Hosts are subject to various tax obligations, including:

    • Income Tax: Rental income is taxed progressively up to 45% depending on the amount earned.
    • VAT (Value Added Tax): A standard VAT rate of 13% applies to rental services, particularly if additional services such as cleaning are offered.
    • City Tax: In Santorini, as in other major tourist locations, hosts may be obliged to collect and remit a city tax from guests.
  4. Local Restrictions and Compliance: Santorini may have specific local regulations regarding short-term rentals, which can include restrictions on the types of properties that can be rented, limits on the number of guests, and compliance with local zoning laws.

  5. Community Impact: The local government encourages responsible hosting practices to mitigate the potential disruptive impacts of tourism on residential neighborhoods. Hosts are expected to respect local customs and communicate rules to guests to maintain good relationships with neighbors.

In summary, starting an Airbnb in Santorini involves navigating a combination of national regulations, local laws, and community norms to ensure compliance and foster positive interactions with the local environment. Hosts should stay informed about any changes in legislation or guidelines to maintain lawful operations.

Airbnb Statistics in Santorini! 🚀

Currently, there are 4,213 Airbnb listings in Santorini, with 39% of entire houses earning up to €4,198 a month. The Average Occupancy Rate in Santorini is 79% and the average daily rate is €224. According to vacation rental market data source Airbtics, a 2-bedroom apartment in Santorini can make up to €75,860 each year.
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