2026 Tax Rates for Short-Term Rental Income in Greece

Starting January 1, 2026, Greece introduced a revised progressive tax scale for rental income, specifically impacting short-term rentals. The most significant change is the introduction of a new 25% intermediate tax bracket for income between €12,001 and €24,000, replacing the previous jump from 15% directly to 35%.

This reform benefits approximately 161,000 property owners earning more than €12,000 in annual rental income, offering potential savings of up to €1,300 per year. Last updated: April 2026

Calculation Example: If a host earns €30,000 in annual rental income:

• First €12,000 taxed at 15% = €1,800
• Next €12,000 (€12,001–€24,000) taxed at 25% = €3,000
• Remaining €6,000 (€24,001–€30,000) taxed at 35% = €2,100
• Total tax = €6,900 (Effective rate: 23%)

Tax saving: Compared to the old scale (€8,100), the host saves €1,200.

• No more cash payments: All rental payments (including for short-term stays) must be made via bank transfer. Cash is strictly prohibited for rental contracts.
• Bank account registration: The account used for rent must be registered with AADE in the owner's name. Co-owners must each receive their share directly in their own accounts.
• 5% Deduction: A flat 5% expense deduction for maintenance and repairs is automatically applied to all rental income.
• Tax Exemption Incentive: Landlords who convert vacant properties (empty 3+ years) or switch from short-term to long-term leases by Dec 31, 2026, can get a 3-year full tax exemption on that income (for properties ≤120 m²).

Short-term rental income is treated as property rental income. Hosts must follow these key steps:

1. Register properties in the AADE Short-Term Rental Registry and obtain an Α.Μ.Α. number.
2. Submit monthly declarations by the 20th of the following month.
3. Finalize the Registry by February 28 each year.
4. Declare income on annual tax returns (E1 and E2).

Filoxenos automates the data collection for these steps, connecting to channel managers and providing ready-to-use reports for accountants.