Greece updates real estate law to curb short-term rental disputes

Greece is overhauling its real estate regulations to address disputes and modernize laws that in many cases date back nearly a century. The Ministry of Justice is preparing a draft "real estate code" expected to be completed by autumn and implemented by early 2027, according to gtp.gr.

The proposed legislation aims to balance property owners' rights with the interests of residents. It will set rules for situations where building residents disagree on using apartments for tourism. Issues like safety, noise, and shared spaces will be regulated. The code will also examine how building regulations can restrict short-term rentals.

A recent court ruling in Athens spurred legislative action. A court decided a property owner could not use an apartment for tourist rentals because the building's rules prohibited it. Many older buildings lack rules for short-term rentals, leading to individual court cases.

Poland is also debating short-term rental regulations. The discussion focuses on the extent to which local governments and housing communities can limit such activities. A government proposal in mid-July aims to regulate short-term rentals but faces criticism. Critics argue it doesn't give local communities enough power to manage issues like noise and safety, advocating for more local control or rental restriction zones. Opponents, however, warn against excessive interference with property rights.