Friday March 27, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Luxury homes for tourists are soaring

By Stathis Kousounis

Owners of luxury homes that are rented out to tourists for the summer season many of whom have legally registered this activity are expected to see a turnover in the area of 100 million euros this year, with conservative estimates bringing tax revenues from such activity to 20 million euros at least.

Some three months ago tourism authorities estimated they would issue 500 permits for such leasings, however demand by property owners for inclusion in this category has exceeded every expectation.

The Greek National Tourism Organization has already issued 1,800 such licenses and stickers, and more are to follow. These homes, most of which belong to the super-luxury category, have a total capacity of about 14,000 beds.

The comparison with last year is staggering: Last year there were only 35 such permits issued in Crete, while since the start of the year the number of permits issued has reached 389. In the Cycladic islands the number has soared from 29 in 2013 to 526 in the year to date. In both regions there are also dozens of outstanding applications.

ekathimerini.com , Sunday June 29, 2014 (20:18)  
Bank deposits lost another 7.6 billion euros last month
Cash concerns keep Athens bourse action tight
Athens among top tourism destinations
High prices weigh on local organic market
ND, PASOK say coalition signed up to tough terms
Former Prime Minister Antonis Samaras on Thursday ratcheted up the rhetoric of the main opposition New Democracy party, which he still leads, in a scathing statement which accused the SYRIZA...
Greek defense minister heads to USA after controversy
Defense Minister Panos Kammenos heads to New York this weekend for Greek Independence Day celebrations after finding himself at the center of a controversy that led to the US Congress failin...
Inside News
BASKETBALL
All is well that ends well for Olympiakos
Young Ioannis Papapetrou helped Olympiakos stage an impressive last-quarter performance to beat visiting Efes Anadolu 86-75 on Thursday and bring its Euroleague losing streak to an end. The ...
BASKETBALL
Reds survive KAO Dramas scare in Piraeus
KAO Dramas gave depleted Olympiakos a scare at the Peace and Friendship Stadium on Monday, but the league leaders eventually managed to get their 20th win in 21 games. The Reds won by 10 (72...
Inside Sports
COMMENTARY
Time to get moving
More than two months have passed since the elections and the government has to stop running around in circles and adopt a program of specific reforms, with detailed calculations as to their ...
COMMENTARY
A competent crew is key
Greek politicians are mostly strangers to technocratic management and deft bargaining. The political system has regrettably unraveled the countrys public administration a process set in m...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. All is well that ends well for Olympiakos
2. ND, PASOK say coalition signed up to tough terms
3. Greek defense minister heads to USA after controversy
4. Police find Xeross bomb-testing spot
5. Judges send 32 to trial for kickbacks in submarine deal
6. Greek, Chinese FMs discuss deepening countries ties
more news
Today
This Week
1. Greece optimistic on deal with euro area next week
2. Opposition renews calls for minister to resign over legal cases
3. Greek foreign minister explores deepening of ties with China on Beijing visit
4. Stathakis against scrapping tax breaks for islands
5. Fed's Bullard: Grexit would be a Greek issue, not a euro issue
6. New Xeros safe house found near Athens, police say
Today
This Week
1. Total victory is unattainable
2. Next Monday is D-Day for state funds
3. EU asks Greece for more reforms to speed talks on bailout
4. PM faces Merkel amid race to detail reforms
5. New book by ex-US diplomat delves deeper into the recesses of Greek terrorism
6. Some more equal than others
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.