Creating strong incentives for landlords to put their properties on the short-term market, creating acute housing problems. Short-term rentals create significant losses in public revenue due to the way they are taxed. In 2016, public revenue losses reached 160.6 million euros. In 2022, the estimate for public revenue losses amounts to million euros. In other words, a doubling of the Lebanon Phone Number List net losses of public revenue is recorded during the period 2019-2022. Short-term rentals deprive the creation of an additional 39,000 jobs annually. The set of proposals of the XEE Concluding the work of the day, the President of the XEE Alexandros Vassilikos presented a set of proposals to regulate the activity on 7 axes of intervention Analytically: 1. Time limitations Establishment of a maximum limit of 90 days per year, for the whole country Spatial restrictions.
The horizontal limit of 90 days should be reduced to 60 in cases such as islands with less than 10,000 inhabitants or in areas with low average occupancy of the main hotel accommodations. Also by decision of the Municipality not to allow the registration of new properties located in demarcated parts of the urban centers in the Register of Short-Term Accommodation Properties, when it is established that the residences for short-term rental exceed 50% of the residences that are owned or leased for long-term rental. Limit on the number of properties per lessor/sublessor Two properties maximum per lessor/sublessor, who is a natural person and not a legal entity. The legal entity will be considered a professional when it makes a short-term lease. 4. Establishment of minimum technical and operational specifications Provision should be made, among other things, for an area of at least 10 for the room and 18 for the apartmentto have natural lighting.