Property owners who receive income from short-term rentals risk heavy fines and being removed from the platforms if they do not submit their income data for 2025 to the registry of the Independent Office of State Revenue (AADE) by February 28 or if they have not registered with it..
By the same date, property owners have time to correct any errors in the preliminary declarations.According to the latest AADE statistics, 2.2 million initial short-term rental declarations were filed last year, and taxpayers' income amounted to 870 million euros, an increase of 16% compared to 2023. Income will be taxed from the first euro at rates from 15 to 45%.
According to the AADE schedule, property owners and managers should check the real estate and income data available to AADE for 2025 before the end of the month and correct any errors and omissions. Taxpayers who fail to comply with this requirement risk incurring a tax in the amount of 100% of the income declared in the initial declarations, even if they did not receive it.
Based on the final data indicated in the register, income tax will be charged. The tax inspectorate will begin to identify those who conceal from the tax authorities the income received from renting out their real estate.
The checks will begin in early March based on data received by AADE from Airbnb platforms, Booking.com and Vrbo. In cases where real estate objects have not been registered in the Register of Short-term Rentals or have been posted on digital platforms without a visible indication of the registration number of the short-term rental object, a special activity mark or a unique notification number, taxpayers face heavy fines.
Source: Ekathimerini
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