Airbnb and Short-Term Rental Ban for Greece Golden Visa Properties: Legal Guide for 2026

Introduction

The Greece Golden Visa Airbnb ban is one of the most important restrictions introduced under the revised Greek residence-by-investment framework.

Foreign investors frequently purchase Greek real estate not only to obtain a residence permit but also to generate rental income. Before the 2024 reforms, many Golden Visa investment projects were marketed with projected income from Airbnb, Booking.com and similar short-term accommodation platforms.

The legal position has now changed for properties acquired under the new Golden Visa rules.

Article 100(7A) of the Greek Migration Code, Law 5038/2023, as amended by Article 64 of Law 5100/2024, prohibits qualifying Golden Visa properties from being rented on a short-term basis within the sharing economy. It also prohibits their short-term subletting.

Violation may result in:

• Revocation of the investor’s residence permit;
• Refusal of renewal;
• An independent administrative fine of €50,000;
• Additional tax, contractual or regulatory consequences.

The restriction is not limited to listings placed directly on Airbnb. A booking may constitute a prohibited short-term rental even where it is arranged through:

• Booking.com;
• Vrbo;
• A property manager;
• A developer;
• A real estate agent;
• The owner’s website;
• Social media;
• WhatsApp;
• Email;
• A direct private agreement.

The legal definition focuses on the duration and substance of the arrangement rather than the brand name of the platform used.

Nevertheless, the prohibition does not apply in exactly the same way to every property ever used for a Greece Golden Visa. Official guidance issued by the Greek Ministry of Migration and Asylum confirms that properties acquired under the earlier legal framework and investments validly completed under the statutory transitional rules are outside this specific Golden Visa short-term rental prohibition.

Investors must therefore determine:

1. When the property was acquired;
2. Under which Golden Visa rules the investment was completed;
3. Whether a transitional exemption applies;
4. Whether the proposed rental is legally classified as short-term;
5. Whether the contract permits subletting;
6. Whether the property was acquired under the special commercial-to-residential conversion route;
7. Whether ordinary tax, tourism and local rental restrictions also apply.

This article explains the scope of the Airbnb prohibition, the properties covered, the legal definition of short-term rental, lawful rental alternatives, penalties, property management risks and the due diligence required before purchasing a rental-based Golden Visa investment.

Legal Basis of the Golden Visa Short-Term Rental Ban

The principal rule is contained in Article 100(7A) of Law 5038/2023, as introduced by Article 64 of Law 5100/2024.

The provision states that real estate acquired in full ownership and possession by third-country nationals for the initial issuance or renewal of a permanent investor residence permit may not be rented on a short-term basis within the sharing economy or sublet on that basis.

The same paragraph also imposes a separate restriction on properties acquired under the €250,000 commercial-to-residential conversion route. Such converted properties may not be used as the registered office or branch of a business.

The Ministry of Migration and Asylum clarified the restriction through Circular No. 9 of 24 September 2024. The Circular explains:

• What constitutes a prohibited short-term rental;
• That the ban is not limited to digital platform listings;
• That lawful long-term leases remain possible;
• That certain genuine tourist-business arrangements may fall outside the statutory short-term rental definition;
• That legacy and qualifying transitional investments are not covered by the new prohibition.

The relevant legal sources include:

• Law 5038/2023, Article 100;
• Law 5100/2024, Article 64, Government Gazette A’ 49/5 April 2024;
• Law 4446/2016, Article 111;
• Ministry of Migration and Asylum Circular No. 9/24 September 2024.

Which Golden Visa Properties Are Subject to the Ban?

The prohibition generally applies to real estate acquired under the revised Golden Visa framework for the initial issuance or renewal of a permanent investor residence permit.

The wording covers properties acquired in full ownership and possession by qualifying third-country nationals for Golden Visa purposes.

This may include properties acquired under:

• The €800,000 standard investment route;
• The €400,000 standard investment route;
• The €250,000 commercial-to-residential conversion route;
• The €250,000 listed-building route;
• Other real estate acquisition structures governed by the current Article 100 framework.

The investment threshold does not determine whether short-term rental is permitted.

An €800,000 villa in Athens may be subject to the same short-term rental prohibition as a €250,000 converted office or listed property.

The decisive issue is whether the property was acquired under the new legal regime as the qualifying investment for the investor residence permit.

Does the Ban Apply to Older Golden Visa Properties?

Not necessarily.

The September 2024 Ministry Circular expressly clarifies that the short-term rental and subletting prohibition does not cover:

• Properties acquired under the legal provisions in force before the new rules;
• Properties whose investments were validly completed within the transitional period established by Article 64(4) of Law 5100/2024.

The transitional rules generally allowed certain investors to complete their investments under the previous framework where the required deposit or contractual commitment had been completed within the statutory deadline.

Relevant historical conditions included:

• Payment of at least 10% of the purchase price;
• A qualifying notarial preliminary agreement;
• A qualifying private agreement with a legally certain date;
• Completion of the relevant commitment by 31 August 2024;
• Completion of the purchase by 31 December 2024;
• In certain failed transactions, completion through a replacement property by 30 April 2025.

These deadlines have now passed, but the classification remains important for investors who completed purchases during the transitional period.

A legacy investor should preserve the documents proving that the property was acquired under the previous or transitional regime.

These may include:

• Reservation or preliminary agreements;
• Bank transfer records;
• Deposit receipts;
• Notarial documents;
• Evidence of the legally relevant date;
• The original Golden Visa application file;
• The residence permit decision;
• Legal opinions concerning transitional eligibility.

An investor should not assume that every property purchased before the final deed date is automatically exempt. The relevant statutory requirements and deadlines must have been satisfied.

Does the Legacy Exemption Transfer to a New Buyer?

A legacy exemption should not be assumed to attach permanently to the property itself.

Where an older Golden Visa investor sells the property to a new third-country national who applies under the current rules, the new buyer’s eligibility and property-use restrictions will generally be examined under the legal framework applicable to the new acquisition.

The fact that the former owner could lawfully use the property for short-term rental does not necessarily mean that the new Golden Visa buyer may continue the same activity.

Before purchasing an existing Golden Visa property, the new investor should obtain a written opinion addressing:

• The law applicable to the new acquisition;
• The investment threshold;
• The property’s prior Golden Visa use;
• The current short-term rental restriction;
• Existing Airbnb or management contracts;
• The effect of transferring the property to a new investor.

The notarial Golden Visa certificate must also address whether the property was previously used to obtain an investor residence permit.

What Is a Short-Term Rental Under Greek Law?

The Ministry Circular applies the definition contained in Article 111 of Law 4446/2016.

A short-term rental is generally a lease or sublease of real estate:

• For a specific period of less than 60 days;
• Regardless of whether the property is advertised on a digital platform;
• Regardless of whether the contract is concluded through a digital platform;
• Where no services are provided other than accommodation and bed linen.

All of these elements must be considered.

The legal definition does not use the word “Airbnb” as its sole criterion. Airbnb is only one method through which a prohibited arrangement may be organised.

A 10-day direct booking made through the owner’s personal website may still be a short-term rental.

A 30-day booking arranged by telephone through an estate agent may also fall within the definition.

The 60-Day Rule

The statutory definition refers to a rental period of less than 60 days.

Examples of arrangements that may fall within the definition include:

• A three-night city break;
• A one-week holiday rental;
• A 20-day corporate stay;
• A one-month furnished apartment booking;
• A 45-day seasonal rental;
• A 59-day direct rental.

A contract lasting 60 days or more is not automatically classified as a short-term rental under this specific definition. However, investors should not attempt to evade the law through artificial arrangements.

For example, several consecutive 59-day contracts with the same tenant may be examined according to their real economic and contractual substance.

A document described as a “long-term lease” will not necessarily be treated as such where:

• The property is marketed nightly or weekly;
• The tenant changes frequently;
• Hotel-style turnover exists;
• The contract is repeatedly renewed for short periods;
• The arrangement is operated through a holiday accommodation business.

The safest approach is to create a genuine medium- or long-term tenancy reflecting the actual occupation and purpose of the parties.

Does the Ban Apply Only to Airbnb?

No.

The prohibition may apply regardless of whether the property appears on:

• Airbnb;
• Booking.com;
• Vrbo;
• Expedia;
• Agoda;
• A developer’s booking website;
• A travel agency platform;
• Social media;
• An international relocation platform;
• A property manager’s website.

The Ministry Circular expressly states that a rental can be short-term even when it is not listed on a digital platform and even when the agreement is not concluded through a platform.

Changing the method of advertising does not change the legal nature of the rental.

Direct Bookings Are Also Covered

An owner cannot avoid the prohibition by accepting reservations privately.

The following may still amount to prohibited short-term rental:

• Payment by bank transfer directly to the owner;
• A booking arranged by WhatsApp;
• A private contract signed by email;
• A stay arranged by a friend or business contact;
• A rental collected in cash;
• A booking managed by an overseas agency.

The question is whether the legal elements of a short-term rental are present, not whether Airbnb receives a commission.

Subletting and Property Management Agreements

The law also addresses subletting.

A Golden Visa investor cannot automatically avoid liability by leasing the property to a management company and allowing that company to offer it to tourists.

The following structure may present serious risk:

1. The Golden Visa investor signs a lease with a property management company;
2. The management company receives possession;
3. The company lists the property on Airbnb;
4. The company accepts stays of less than 60 days;
5. The investor receives fixed or variable rental income.

Although the investor may not personally manage the platform account, the property is still being used for short-term subletting.

Article 100(7A) permits sanctions against the owners and/or possessors of the property. Delegating operations to another person therefore does not necessarily protect the owner.

Every property management agreement should expressly prohibit:

• Short-term rental;
• Tourist-platform listings;
• Unauthorised subletting;
• Bookings below the lawful duration;
• Use inconsistent with the Golden Visa category.

The contract should also provide:

• Inspection rights;
• Immediate termination rights;
• Indemnity for immigration and tax penalties;
• Access to booking records;
• A duty to remove online listings;
• Liability for permit revocation and fines.

Guaranteed Rental Return Schemes

Some Golden Visa developments are marketed with:

• Guaranteed annual returns;
• Leaseback arrangements;
• Fixed monthly rent;
• Hotel-style management;
• Developer-operated accommodation;
• Buyback promises.

A guaranteed return does not establish that the rental structure is lawful.

The investor should determine:

• Who occupies the property;
• The duration of each guest stay;
• Whether subletting occurs;
• Whether the property is advertised on digital platforms;
• Whether hotel or tourism services are provided;
• Which party holds the required operating licence;
• Whether the structure is compatible with Article 100(7A);
• Whether the property was acquired through the conversion route;
• Whether the manager indemnifies the investor for loss of the permit.

A marketing statement such as “fully managed Golden Visa property” should never replace a legal analysis of the operating model.

Are Long-Term Rentals Permitted?

Yes.

The Ministry Circular expressly clarifies that the prohibition concerns short-term rental and short-term subletting within the sharing economy.

Genuine long-term residential leasing remains possible.

A Golden Visa investor may therefore potentially rent the property to:

• A family;
• A student;
• A professional;
• A company employee;
• A diplomat;
• A long-term resident;
• Another tenant occupying the property as a home.

The lease should be:

• Genuine;
• Properly documented;
• Electronically declared to the Greek tax administration;
• Consistent with the property’s authorised use;
• Compatible with condominium regulations;
• Compliant with Greek tenancy law;
• Compatible with the Golden Visa category.

The owner must also declare the rental income and comply with Greek tax obligations.

Are Medium-Term Rentals Permitted?

A rental of at least 60 days may fall outside the statutory short-term rental definition, but the structure should be reviewed carefully.

A medium-term arrangement may be suitable for:

• Corporate relocation;
• University study;
• Medical stays;
• Temporary professional assignments;
• Diplomatic or institutional accommodation;
• Seasonal residence exceeding the statutory short-term period.

The contract should not merely state a 60-day term while functioning in practice as a holiday booking.

Relevant indicators include:

• The tenant’s purpose;
• Payment structure;
• Number of occupants;
• Advertising method;
• Frequency of turnover;
• Services provided;
• Contract renewal pattern;
• Whether the tenant uses the property as a temporary home.

Can the Property Be Leased to a Tourism Business?

The September 2024 Circular states that the prohibition does not necessarily cover certain long-term leases or subleases to tourism businesses for professional use where services beyond accommodation and bed linen are provided, such as genuine hotel operations.

This is a narrow and legally complex distinction.

An arrangement involving additional services may fall outside the Article 111 definition of a short-term property lease and instead fall within tourism-business and accommodation legislation.

However, this does not mean that a Golden Visa investor may simply describe an Airbnb activity as a hotel business.

A genuine tourism structure may require:

• A lawful tourism accommodation classification;
• An operating licence or notification;
• Appropriate authorised property use;
• Fire-safety compliance;
• Health and accessibility compliance;
• Business registration;
• VAT and tax compliance;
• Employees and social security;
• Services beyond accommodation and linen;
• Compliance with local planning and building rules.

The arrangement must be analysed according to its substance.

Special Restriction for Commercial-to-Residential Conversion Properties

Properties acquired through the special €250,000 commercial-to-residential conversion route are subject to an additional restriction.

Such properties may not be used as the registered office or branch of a business.

This is separate from the short-term rental prohibition.

A converted property may therefore potentially be used:

• As the investor’s residence;
• By eligible family members;
• Under a lawful long-term residential lease.

It may not safely be used:

• As a company’s registered headquarters;
• As a registered branch;
• As an office disguised as a residence;
• Through a structure that legally transforms it back into business premises.

The conversion route was designed to create residential property from former commercial stock. Using the converted property as commercial headquarters may contradict the purpose of the special investment category.

Violation may lead to the same serious immigration and financial sanctions.

Can the Investor Personally Use the Property?

Yes.

The short-term rental restriction does not prevent the owner from using the property as:

• A principal residence;
• A secondary residence;
• A holiday home;
• Accommodation for family members;
• A vacant investment property.

The investor may generally enter and use the property during visits to Greece, subject to any existing lease and condominium rules.

The prohibition concerns rental and subletting activity, not private occupation by the owner.

Can Family Members Stay in the Property?

The investor may generally allow a spouse, children, parents or other private guests to stay without payment.

A genuine gratuitous family arrangement should be distinguished from a disguised commercial rental.

Where money is regularly collected, bookings are advertised or the property is used as paid tourist accommodation, the authorities may examine the real nature of the arrangement.

What Is the Penalty for Prohibited Short-Term Rental?

Article 100(7A) provides two principal sanctions for breach of the short-term rental, subletting or conversion-property business-use restriction:

1. Revocation of the investor residence permit;
2. An independent administrative fine of €50,000.

The fine may be imposed on the owner, the possessor or both.

The €50,000 fine is treated as public revenue and may be collected under the Greek Code for Collection of Public Revenues.

The immigration consequence may be more serious than the financial penalty.

Revocation of the principal investor’s permit may also affect:

• The spouse’s linked permit;
• Children’s residence status;
• Parents’ residence permits;
• Schengen travel rights;
• Pending renewal applications;
• Future Greek immigration applications;
• Citizenship planning.

The investor should not assess the risk only by comparing Airbnb income with the administrative fine.

Can Renewal Be Refused?

Yes.

The Ministry Circular refers to sanctions including revocation or non-renewal of the residence permit.

At renewal, the authorities may examine whether:

• The investor still owns and possesses the property;
• The property continues to satisfy the investment conditions;
• The property-use restrictions have been respected;
• A prohibited short-term rental occurred;
• A converted property was used as a business office;
• The applicant provided accurate declarations.

Evidence of prohibited rental activity may undermine renewal even where the investor stopped the activity shortly before filing.

How May Authorities Discover a Violation?

Article 176 of the Migration Code authorises the adoption of detailed procedures concerning inspections, confirmation of violations and collection of fines.

Potential sources of information may include:

• Digital platform listings;
• AADE short-term rental records;
• Tax declarations;
• Property manager records;
• Guest reviews;
• Bank payments;
• Utility consumption;
• Complaints by neighbours;
• Condominium management;
• Tourism inspections;
• Police or municipal inspections;
• Residence permit renewal reviews;
• Information obtained from the owner or operator.

An investor should not assume that using a foreign platform account or receiving money abroad makes the activity invisible.

Tax Registration Does Not Make the Rental Lawful

A critical distinction exists between tax compliance and immigration compliance.

Registering a property in a tax authority’s short-term rental system, obtaining a property registration number or reporting Airbnb income does not override the Golden Visa prohibition.

A transaction may be correctly declared for tax purposes and still violate Article 100(7A).

Conversely, failure to declare the income may create both:

• Immigration violations;
• Tax violations.

The investor must comply with all applicable legal systems simultaneously.

Ordinary Rules Still Apply to Exempt Legacy Properties

Where a legacy or transitional Golden Visa property is exempt from the specific Article 100(7A) restriction, the owner must still comply with the ordinary Greek rules governing short-term accommodation.

Depending on the property and operating model, these may include:

• Tax registration;
• Short-term rental registry requirements;
• Income declaration;
• Tourism-business rules;
• Building-use restrictions;
• Fire and safety standards;
• Condominium regulations;
• Local restrictions;
• Consumer protection;
• Data and guest-reporting obligations.

The legacy exemption means only that the specific Golden Visa prohibition does not apply. It does not create a general exemption from Greek rental, tourism or tax law.

Existing Airbnb Bookings at the Time of Purchase

A purchaser should investigate whether the property has:

• An active Airbnb listing;
• Future guest reservations;
• An existing management contract;
• A valid short-term rental registration number;
• Outstanding deposits;
• A lease allowing subletting;
• Guest claims or refunds;
• Tax arrears linked to earlier rentals.

The purchase agreement should require the seller to:

• Remove all prohibited listings;
• Cancel or lawfully transfer bookings;
• Terminate incompatible management agreements;
• Deliver the property free from occupation;
• Provide booking and revenue records;
• Indemnify the buyer for pre-completion violations;
• Confirm that no operator retains subletting rights.

A new Golden Visa owner should not allow old Airbnb bookings to continue automatically after the acquisition.

Due Diligence Before Buying a Rental Investment

Before purchasing a Golden Visa property advertised as income-producing, the investor should obtain a written legal review addressing:

Investment Classification

• Date of acquisition;
• Applicable Golden Visa regime;
• Transitional eligibility;
• Whether the short-term rental prohibition applies;
• Whether the property was previously used for another investor permit.

Property Use

• Lawful residential, commercial or tourism use;
• Building permit;
• Electronic Building Identity;
• Condominium restrictions;
• Change-of-use history;
• Tourism licensing.

Rental Structure

• Length of each intended stay;
• Services provided;
• Platform use;
• Subletting;
• Management agreement;
• Guaranteed return;
• Existing bookings.

Immigration Consequences

• Residence permit revocation;
• Renewal risk;
• Effect on family permits;
• Administrative fine;
• Evidence likely to be reviewed.

Tax Obligations

• Electronic lease declaration;
• Rental income tax;
• Business classification;
• VAT or tourism taxes where relevant;
• Short-term rental registration where legally available.

Contract Clauses for Golden Visa Properties

A Golden Visa property management or long-term lease agreement should contain clear compliance provisions.

Recommended clauses may address:

• Express prohibition on rentals below 60 days;
• Prohibition on digital platform listings;
• Prohibition on unauthorised subletting;
• Compliance with Article 100(7A);
• Compliance with the investor’s residence permit conditions;
• Immediate removal of illegal listings;
• Audit access to booking records;
• Indemnity for fines and residence permit losses;
• Immediate termination for immigration violations;
• Tax declaration obligations;
• No business registration at a conversion property;
• No change of lawful use.

A broad clause giving the tenant an unrestricted right to sublet should not be accepted without legal review.

What Should an Investor Do After Discovering an Illegal Listing?

The investor should act immediately.

Recommended steps may include:

1. Preserve screenshots and booking records;
2. Instruct the manager to remove the listing;
3. Stop accepting new bookings;
4. Review existing guest contracts;
5. Terminate unauthorised management or sublease arrangements;
6. Notify the lawyer and tax adviser;
7. Determine whether disclosure or corrective filings are required;
8. Prepare evidence demonstrating the remedial measures;
9. Review the effect on the residence permit;
10. Avoid making inaccurate statements in a renewal application.

Removing the listing does not automatically eliminate liability for previous violations, but prompt corrective action may be important in the legal response.

Common Misconceptions

“Only Airbnb Is Prohibited”

Incorrect. The definition may cover direct bookings and other platforms.

“The Ban Applies Only to Stays of a Few Days”

Incorrect. A stay of any period below 60 days may fall within the definition.

“A Property Manager Can Operate Airbnb on My Behalf”

Incorrect. Short-term subletting through a manager may still violate the restriction.

“Tax Registration Makes the Rental Legal”

Incorrect. Tax compliance does not override immigration law.

“Every Old Golden Visa Property Is Banned”

Incorrect. Properties acquired under previous rules and qualifying transitional investments are excluded from the new prohibition under the Ministry Circular.

“Every Golden Visa Property Is Exempt if the Previous Owner Used Airbnb”

Incorrect. A legacy position should not be assumed to transfer to a new investor.

“Long-Term Rental Is Prohibited”

Incorrect. Genuine long-term residential leasing remains available.

“Exactly 60 Days Is Always Safe”

Not necessarily. Artificial or repeated contracts may be assessed according to their real substance.

“A Fixed Guaranteed Return Means There Is No Rental Risk”

Incorrect. The underlying operator may still be conducting prohibited short-term subletting.

“The Only Risk Is a Tax Fine”

Incorrect. The investor may face a €50,000 fine and revocation of the residence permit.

Frequently Asked Questions

Can a Greece Golden Visa property be listed on Airbnb?

A property acquired under the current Golden Visa framework may not be rented on a short-term basis through Airbnb or another sharing-economy platform.

What is considered a short-term rental?

A lease or sublease for less than 60 days, regardless of whether a digital platform is used, where no services are provided other than accommodation and bed linen.

Is Booking.com also covered?

Potentially, yes. The legal classification does not depend on the name of the booking platform.

Can I accept bookings directly?

A direct booking may still be prohibited where it satisfies the short-term rental definition.

Can a property manager list the property?

Allowing a manager to conduct prohibited short-term subletting may expose the owner and possessor to sanctions.

Can I sign a lease with an Airbnb operator?

This may be unlawful where the operator sublets the Golden Visa property for stays below 60 days.

Can I rent the property for one year?

A genuine one-year residential lease is generally outside the specific short-term rental prohibition.

Can I rent the property for three months?

A genuine rental of at least 60 days may fall outside the statutory definition, but the actual structure and use should be reviewed.

Can I rent the property to students?

A genuine medium- or long-term student lease may generally be possible.

Can I rent the property to a company for an employee?

Potentially, where the agreement is a genuine long-term corporate housing lease and does not involve prohibited short-term subletting.

Can the property be operated as a hotel?

A genuine licensed tourism operation with additional services may fall under a different legal framework, but this is not an automatic exemption and requires detailed planning, tourism and immigration analysis.

Can a converted commercial property be a company office?

No. Property acquired under the €250,000 commercial-to-residential conversion route may not be used as the registered office or branch of a business.

Can I stay in my own property?

Yes. Private use by the investor is not prohibited.

Can my family stay there?

Yes. Genuine private use by family members is different from commercial short-term rental.

What is the penalty for violation?

The permit may be revoked, and an independent administrative fine of €50,000 may be imposed on the owner, possessor or both.

Can my renewal be refused?

Yes. A violation may result in revocation or non-renewal.

Does the ban apply to properties bought under the old rules?

The Ministry Circular states that properties acquired under the previous framework and qualifying transitional investments are not covered by this specific prohibition.

Can an old exempt property lose its exemption when sold?

A new buyer should not assume that the former owner’s legacy position transfers. The new acquisition must be assessed under the rules applicable at the time of purchase.

Must rental income still be declared?

Yes. Lawful rental income must be declared and taxed under the applicable Greek tax rules.

Conclusion

The Greece Golden Visa Airbnb ban fundamentally changes the rental strategy for properties acquired under the revised residence-by-investment framework.

Properties acquired under the current rules for the initial issuance or renewal of an investor residence permit may not be used for:

• Airbnb-style accommodation;
• Bookings below 60 days;
• Short-term rental through other digital platforms;
• Direct short-term bookings;
• Short-term subletting through property managers or operators.

The restriction is based on the legal nature of the arrangement rather than the name of the platform.

Violation may result in:

• Revocation of the principal investor residence permit;
• Refusal of renewal;
• An administrative fine of €50,000;
• Consequences for linked family permits;
• Additional tax and contractual liability.

Genuine long-term residential leasing remains possible. Medium-term rental of at least 60 days may also fall outside the statutory short-term definition, but artificial arrangements and repeated short contracts should be avoided.

Older properties acquired under the former Golden Visa rules and investments validly completed under the transitional provisions are excluded from this specific prohibition according to the Ministry’s September 2024 Circular. Their owners must still comply with all ordinary Greek tax, rental, tourism and building regulations.

Before purchasing an income-producing Golden Visa property, the investor should obtain:

• Written confirmation of the applicable legal regime;
• Verification of the acquisition and transition dates;
• Review of existing Airbnb listings;
• Review of property management and leaseback contracts;
• Confirmation of lawful property use;
• A rental and tax compliance plan;
• Contractual protection against prohibited subletting;
• An assessment of the effect on the investor and family residence permits.

A Golden Visa property should not be purchased on the basis of an Airbnb revenue projection unless independent legal counsel has confirmed that the property is exempt from the specific restriction and that the intended operation complies with all other applicable laws.

Last updated: August 2026.

This article is prepared for general legal information and SEO publication purposes. It does not constitute individual immigration, property, tourism, tenancy or tax advice. The legality of a rental model depends on the acquisition date, transitional status, permit category, duration of occupation, services provided, management structure and the legislation and administrative practice in force at the relevant time.