Greece Tourism Law Alert: UK Tourists Advised to Stay Informed
Greece holidays are facing uncertainty as UK tourists are being cautioned about potential changes that could have a significant impact on the economy in the popular European Union holiday destination. The Ministry of Tourism in Greece has put forth new draft legislation, currently in the midst of public consultation and set to conclude tomorrow, which aims to regulate Airbnbs and other short-term rental accommodations for the first time.
Threat to Short-Term Rental Market
The Greek Short-Term Accommodation Managers Association (STAMA) has taken action by reaching out to Prime Minister Kyriakos Mitsotakis, urging the government to reconsider the proposed plans. The proposed legislation, outlined in Article 3 of the draft law, introduces a provision that excludes properties converted for short-term rental after 2011 from being eligible for such use. This exclusion could have severe economic, social, and urban consequences for Greece’s thriving short-term rental market.
STAMA’s Opposition
STAMA, a key player in Greece’s short-term accommodation sector, has strongly opposed this measure, deeming it discriminatory and impractical. The association argues that the provision unfairly penalizes property owners and investors who followed legal procedures to repurpose disused spaces into short-term rentals. In a letter to the ministry, STAMA highlighted several objections to the proposed regulations, emphasizing the negative impact it could have on the industry.
Impact on British Tourists
Greece continues to be a favored destination for British holidaymakers, with popular spots like Crete and Corfu drawing in visitors year after year. The uncertainty surrounding the new legislation raises concerns for UK tourists planning trips to Greece, as potential disruptions in the short-term rental market could affect accommodation options and prices.
In light of these developments, UK tourists are advised to stay informed about the evolving situation in Greece to make informed decisions regarding their travel plans. Stay tuned for updates as the public consultation period comes to a close, and the future of short-term rentals in Greece becomes clearer.