Greece Sets New Records In Short-term Rentals, Achieving More Than Seven Million Rental Days In 2024, A One Hundred Percent Surge Since 2019

Tuesday, July 22, 2025

In 2024, Greece’s short-term rental marketplace knowledgeable explosive growth, pinch rental days soaring to complete 7 million, marking a singular 1 100 percent summation compared to 2019. According to information released by nan Hellenic Statistical Authority (ELSTAT), nan surge highlights nan country’s thriving tourism sector, driven mostly by world visitors. This surge successful rental days represents a important rebound from nan pandemic’s effect and underscores nan beardown request for short-term rentals crossed Greece’s astir celebrated regions. The maturation is particularly important successful areas for illustration Attica, Crete, and Central Macedonia, wherever nan bulk of nan activity is concentrated, further cementing Greece’s position arsenic a premier recreation destination successful Europe.

In 2024, Greece knowledgeable a singular surge successful nan number of rental days for short-term properties, pinch figures much than doubling compared to 2019. This growth, revealed successful recently published information by nan Hellenic Statistical Authority (ELSTAT), underscores nan description of nan short-term rental sector, peculiarly driven by nan power of world tourism. This dataset marks nan first clip charismatic statistic for nan short-term rental marketplace person been released by ELSTAT, and nan information is considered an “experimental statistic” based connected administrative sources.

Key Figures

In 2019, a full of 977,300 declarations were made for short-term rental properties successful Greece, pinch a full of 3.77 cardinal rental days recorded. These numbers group nan benchmark for early comparisons and show nan first scope of nan short-term rental marketplace successful nan country. However, nan world pandemic caused important disruptions successful 2020, affecting some nan number of rental declarations and nan rental days recorded. In 2020, some submissions and rental days saw a steep diminution of 59.0% and 53.7%, respectively, compared to 2019. This alteration reflects nan broader challenges faced by nan tourism assemblage during nan early months of nan pandemic, peculiarly nan simplification successful recreation and tourism activities.

2024 Trends and Growth

By 2024, nan short-term rental marketplace successful Greece had afloat rebounded, surpassing pre-pandemic levels. The average number of rental days per declaration was recorded astatine 3.5 days successful 2024, somewhat down from 3.7 days successful 2023. This mini diminution tin beryllium attributed to shifts successful recreation behavior, arsenic much travelers whitethorn opt for shorter stays aliases different types of accommodations successful consequence to evolving marketplace conditions.

Seasonal Distribution of Rental Days (2024)

Seasonality remains a salient characteristic successful Greece’s short-term rental market, pinch nan bulk of rental activity concentrated during nan warmer months of nan year. A full of 60.8% of each rental days successful 2024 occurred betwixt June and October, highlighting nan country’s beardown summertime appeal. Of these summertime months, August emerged arsenic nan highest month, accounting for a important 18.8% of nan full rental days. This seasonal attraction is emblematic of tourist-driven economies, wherever summertime months make nan highest volumes of rental bookings owed to favorable upwind conditions, holidays, and picnic trends.

The power of nan summertime play is reflective of nan country’s reliance connected tourism, peculiarly world visitors, who flock to Greece’s celebrated islands, humanities sites, and coastal destinations. As nan summertime highest continues to thrust overmuch of nan market’s revenue, tourism authorities and spot owners are progressively focused connected maintaining a beardown beingness during these high-demand months.

Regional Distribution of Short-Term Rentals (2024)

A person look astatine nan geographical distribution of short-term rental properties successful Greece reveals notable concentrations successful circumstantial regions, driven by some section request and world tourism trends. Based connected entries successful nan Short-Term Property Rental Registry, nan highest number of short-term rental properties were recovered successful nan pursuing regions:

• Attica
• South Aegean
• Crete
• Central Macedonia

These regions predominate nan short-term rental scenery successful Greece, pinch Attica, location to nan superior metropolis of Athens, starring nan complaint successful rental days. Athens, being some a taste and humanities hub, attracts millions of visitors each year, bolstering nan request for short-term rental accommodations.

Year-on-Year Increase successful Rental Days (2023 → 2024)

When comparing 2024 to nan erstwhile year, it is clear that nan marketplace is continuing to thrive. Significant year-on-year increases successful rental days were recorded successful respective regions of Greece:

• Attica: +14.4%
• Central Macedonia: +19.5%
• Crete: +9.3%

These figures bespeak nan wide maturation of nan short-term rental assemblage crossed nan country, but besides uncover location variations successful demand. Attica, pinch its dense attraction of rental properties and nan beardown tie of Athens, continues to predominate nan rental market, while regions specified arsenic Central Macedonia and Crete besides show important growth, indicating that Greece’s entreaty is expanding beyond its astir celebrated tourer areas.

Contribution of Top Regions to Rental Days (2024)

In position of nan full number of rental days, nan pursuing regions were nan biggest contributors successful 2024:

• Attica: 36.0% of each rental days
• Central Macedonia: 13.8%
• Crete: 12.1%

Attica, which includes nan bustling metropolis of Athens, remains nan largest marketplace for short-term rentals, pinch 36.0% of nan nationalist total. This tin beryllium attributed to nan ample measurement of world visitors who travel to Athens for some leisure and business purposes. Central Macedonia and Crete besides proceed to beryllium cardinal players successful Greece’s short-term rental market, pinch their vibrant tourism offerings, including humanities sites, beaches, and taste experiences, ensuring beardown request from some home and world travelers.

Guest Demographics (2024)

International tourism continues to beryllium nan superior driver of nan short-term rental assemblage successful Greece. In 2024, 84.2% of rental days were attributed to overseas visitors, underlining nan value of nan world tourism marketplace to Greece’s economy. This statistic demonstrates that Greece’s short-term rental marketplace is heavy reliant connected world travelers, who are drawn to nan country’s rich | taste heritage, scenic landscapes, and thriving tourism industry.

Foreign visitors, peculiarly from cardinal markets for illustration nan United States, nan United Kingdom, Germany, France, and different European nations, proceed to flock to Greece’s coastal cities, islands, and humanities sites. This world request is simply a cardinal facet successful nan continued maturation of Greece’s short-term rental market.

In 2024, Greece’s short-term rental marketplace saw a singular 1 100 percent summation successful rental days, surpassing 7 million. This surge, revealed by ELSTAT, highlights nan nation’s beardown betterment and increasing entreaty arsenic a apical world recreation destination.

The short-term rental marketplace successful Greece has shown awesome growth, pinch 2024 rental days much than doubling compared to 2019. The emergence successful world tourism, mixed pinch seasonal request peaks, has fueled nan market’s betterment and growth. With Attica, Central Macedonia, and Crete starring nan way, Greece’s short-term rental assemblage is poised to stay a important constituent of its tourism economy, driven by some home and world visitors seeking unsocial accommodations crossed nan country.