December 12, 2025

Athens News

News in English from Greece

Οπα: Airbnb practically does not affect the housing market in Greece


The new research work of the Athenian Economic University (ORA) confirms the minimum influence of Airbnb on the housing market in Greece.

It confirms the practically absent impact Airbnb on the Greek housing market, emphasizing that short -term rents make up the total 1% housing in the center of Athens, while empty objects there are before 25%.

A study published today emphasizes that housing affordability depends much less on short -term rents than on 2.28 million empty housesexisting in the country at the moment. At the same time, the data show that Airbnb contributed to the Greece economy, creating activities in the amount 3.25 billion euros And supporting more 100,000 jobs in 2023.

See here the report is ora

Contribution to GDP

The study analyzes both economic benefits and the influence of short -term rents on the national, regional and local levels. Short -term rents are a key element of the Greek economy, becoming an important and structural part of the Greek tourist and hotel ecosystem. In 2023, their contribution to Greece GDP was estimated in the range from 4.5% to 5.4%. Thus, this is not just a specialized market, but a strategic factor that contributes to national economic production, state income and regional tourist development.

Short -term rental is a flexible solution to meet increased demand in tourism, playing a vital role in the absorption of demand waves, especially in peak summer months, when hotel occupancy often exceeds 90%.

Empty apartments

The results also show that in historical cities, such as Athens, announcements of short -term rental are concentrated mainly in the city center. Nevertheless, the level of empty houses remains much high: 1.1% housing in the center of the capital is used for short -term rental, while the share of empty objects exceeds 25%. Besides, 98% Individual owners in Greece are controlled by one or two objects, receiving an average monthly income from short -term rental in the amount 628 euros On the object.

Valentina Reinoresponsible for politics Airbnb In Greece, she said: “Objects of short -term lease (STR) are a key element of the Greek economy and a vital source of income for hundreds of thousands of owners. According to the results of a recent study, short -term leases are not to blame for the housing crisis in our country. On the contrary, they contribute to the revival of the districts, absorbing periods of tourist influx and distributing tourism outside the season and outside the overloaded directions, in regions where there are no hotels. The restriction of short -term rents without reasonable data will lead to negative consequences for both Greek citizens and a local economy ”.

Georgios DukidisProfessor of Athenian Economic University, said: “Short -term rental in Greece is an integral part of the Greek tourism industry, making a significant contribution to the national economy and supporting many jobs, while satisfying the growing needs for distribution throughout the country, providing the necessary alternative residence options for both foreign and Greek tourists. The predominant majority of suppliers are private individuals with one entry that provides a small but critical income for thousands of Greek families. Short -term rents make up the total 2.9% from the total number of houses and do not have a significant impact on the offer of housing “.

PS alone seems to me that this is an order?



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