Owners and managers of properties listed on Airbnb, Booking and VRBO are facing fresh tax checks over earnings from 2025, with authorities looking for gaps between rental activity and the income reported on this year’s tax returns. The Independent Authority for Public Revenue (AADE), is using the information it received directly from the platforms to compare recorded bookings and rental proceeds with taxpayers’ tax declarations.
The review covers a market that continued to expand last year. AADE recorded 2,466,075 short-term stay declarations in 2025, with reported rents totaling €973.712 million, up from €888.851 million in 2024, an increase of about 10%.
Tax officials will now examine whether the income reported in returns filed this year matches the amounts recorded through the platforms.
Penalties for undeclared or incorrectly reported rentals
Owners and managers found to have breached short-term rental rules face a range of fines:
- Failure to register a property: An annual fine equal to 50% of the gross income earned in the tax year when the violation occurred, with a minimum penalty of €5,000.
- Repeat violations: If the same offense is committed again within one year of the fine being imposed, the penalty doubles. Any further repeat violation results in a fine four times the original amount.
- Failure to file, or filing an inaccurate Short-Term Stay Declaration: A fine equal to twice the rental amount shown on the relevant digital platform.
- Late filing: A separate administrative fine of €100.
The fines are imposed on the person registered as the property manager. If the manager is not a sublessor or other third party, liability falls on the owner or the holder of the property’s usufruct rights.
Source: OT.gr
