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The daily tax on short-term rentals in the April to October period will rise to €8 (£6.76) from €1.5 (£1.27), the bill says. As for the winter months, the tax will rise to €2 (£1.69) from ...
The proliferation of short-term rentals can affect those in the area who are looking for long-term rentals. [5] Through short-term rental, landlords can make upwards of 30% more than they would on a rent controlled property. [citation needed] Thus landlords convert their properties into short-term rental units
The term "timeshare" was coined in the United Kingdom in the early 1960s, expanding on a vacation system that became popular after World War II. [1] Vacation home sharing, also known as holiday home sharing, involved four European families that would purchase a vacation cottage jointly, each having exclusive use of the property for one of the four seasons.
Tourism in Greece has been a key element of the economic activity in the country, and is one of the country's most important sectors.Greece has been a major tourist destination and attraction in Europe since the 1970s for its rich culture and history, which is reflected in large part by its 19 UNESCO World Heritage Sites, among the most in Europe and the world [1] as well as for its long ...
From the 1980s, the Greek vacationers were often supplanted by north European tourists, especially from Britain, who were attracted by the low cost of a holiday. Package tours to Spetses declined and eventually ceased during the 1990s. In the early 21st century, the island's holiday clientele is of a higher economic class and largely Greek. [9]
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