Convert Short Term Rentals

Summary

In Greece, converting a short-term rental to a long-term lease in 2024 is considered a new rental agreement, starting a new three-year minimum duration. Short-term rentals must be registered with the AADE and comply with tax and safety regulations. They do not have a minimum duration requirement. Ensure both parties agree to the conversion and sign a new lease, which must be registered with tax authorities.

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The minimum lawful rental duration of three years applies the same to a short-term accommodation rental as well?
In Greece, the minimum lawful rental duration of three years generally applies to long-term residential leases, not short-term rentals. Short-term rentals, such as those listed on platforms like Airbnb, are governed by different regulations and typically do not have a minimum duration requirement.
Is there anything else you need assistance with regarding rental agreements?
When a short-term accommodation rental is converted to a long-term residential lease, is it considered as an extension or renewal of the first contract or a totally new rental lease which means that another minimum lawful duration begins when the renewal contract is signed?
When a short-term accommodation rental is converted to a long-term residential lease in Greece, it is considered a totally new rental lease. This means that the minimum lawful rental duration of three years begins anew when the new lease agreement is signed.
Is there anything specific you need help with regarding this conversion?
When a short-term accommodation rental is converted to a long-term residential lease, is it considered as an extension or renewal of the first contract or a totally new rental lease which means that another minimum lawful duration begins when the renewal contract is signed in Greece of *?
In Greece, when a short-term accommodation rental is converted to a long-term residential lease in *, it is considered a totally new rental lease. This means that the minimum lawful rental duration of three years begins anew when the new lease agreement is signed.
Is there any other specific aspect of this conversion you need help with?
What is the Greek legislation in * for the short-term accommodation rental?
In *, Greek legislation for short-term accommodation rentals includes:
- Short-term rentals must be registered on the AADE (Independent Authority for Public Revenue) platform.
- Income from short-term rentals is subject to taxation.
- Short-term leases (e.g., Airbnb) do not have a minimum duration requirement.
- Compliance with safety and health regulations is mandatory.
Do you need more specific information regarding taxes or registration processes?