Nikos Roussanoglou

Nikos Roussanoglou

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New home sharing tax set to see owners revert to longer tenancies

While in popular areas of central Athens it makes financial sense to offer an apartment for a few nights per month on home-sharing platforms, in other neighborhoods it takes more nights to achieve a decent income.

The taxation of the peer-to-peer property rental market and the intensification of inspections by tax authorities from early 2018 are expected to discourage some property owners who use online platforms to lease their assets on a short-term basis to boost their income.