Athens Airbnb market undergoes major shift as active listings fall and revenues rise

According to market data for October 2026, Athens recorded 13,479 active listings on Airbnb, representing a 29.2% decrease compared with the corresponding month in 2025.

Despite the contraction in supply, average annual revenue per active listing reached approximately €21,700, marking a 47% year-on-year increase. These figures refer to revenue generated over the latest 12-month period and should not be interpreted as property owners’ net income, as they do not account for operating expenses, platform commissions or taxes.

This trend reflects a market in which revenue per active property is increasing, despite a substantial reduction in the number of available properties.

Occupancy at 65% and Average Daily Rates Close to €100

Average occupancy reached 65% of the days on which properties were available for rent, with the corresponding indicator increasing by 7.1% year-on-year.

Meanwhile, the Average Daily Rate (ADR) stood at approximately €99, up 2.3%, while Revenue per Available Room (RevPAR) reached €64, representing an increase of 11.1%.

The figures suggest that demand in the market remains strong despite the decline in active listings. However, the increase in average revenue cannot be attributed exclusively to stronger demand, as it may also reflect changes in the composition of the properties remaining active on the market.

Restrictions on New Short-Term Rental Registrations in Central Athens

The market’s restructuring is taking place against a backdrop of tighter regulation of short-term rentals.

As of 1 January 2025, a suspension of new registrations in the Short-Term Stay Property Registry came into effect for properties located in the 1st, 2nd and 3rd Municipal Districts of the Municipality of Athens. In addition, stricter requirements for properties offered for short-term rental have been in force since 1 October 2025.

The measure aims to limit the further conversion of residential properties into tourist accommodation, particularly in areas of the historic and wider city centre, where the expansion of short-term rentals has intensified pressure on the long-term residential rental market.

The suspension was also extended to 2026, further restricting the entry of new properties into the short-term rental market across the three municipal districts.