Real estate
Net yield from a short-term rental
Work out what remains after income tax, the overnight stay fee and running costs.
- For tax year 2026
- Rules last checked 24 October 2026
- Takes about 2 minutes
What you keep in a year
–
How it is calculated
The calculator applies the rental income tax scale, the 5% statutory allowance and the climate crisis resilience fee exactly as recorded in the data files.
The overnight stay fee is paid by the guest, so it is shown separately and is not subtracted from the net result.
Taxable income: gross income minus the 5% statutory allowance for property costs. Actual expenses are not deducted line by line under the rental income regime.
Tax: band by band, using the scale recorded as conservative. The 2026 scale is shown alongside for comparison.
Net result: gross income minus running costs minus income tax. The overnight stay fee is shown separately because the guest pays it.
Yield: the net result divided by the property value, when you provide one.
Sources
- Income categories and income taxation in GreeceΑΑΔΕ / AADE
- Law 4172/2013, Article 39 — Income from immovable propertyTaxheaven (κείμενο νόμου)
- Law 4172/2013, Article 40 — Tax rate on income from capitalTaxheaven (κείμενο νόμου)
- Law 5246/2025, Article 8 — Reform of the immovable property income tax scaleTaxheaven (κείμενο νόμου)
- Law 5073/2023, Article 27 — Income from short-term rental (Article 39A)Taxheaven (κείμενο νόμου)
- Law 5162/2024, Article 24 — Amendment of Article 53 of Law 4389/2016Taxheaven (κείμενο νόμου)
- Climate crisis resilience fee returnΑΑΔΕ / AADE
- Resilience fee: the new amounts for hotels and short-term rentalsΝαυτεμπορική
- The new resilience fee amounts for hotels and short-term rentals (16 Sep 2024)Taxheaven
- E9 declaration / ENFIAΑΑΔΕ / AADE
Frequently asked questions
Is ENFIA deducted from the tax?
No. ENFIA is not among the deductible expenses in Article 39(3). The only allowance for a natural person is 5%. ENFIA counts as a cost when calculating net return.
Why aren't my actual expenses deducted from the tax?
Under the rental income regime they are not deducted line by line; a flat 5% allowance applies instead. Expenses reduce the net cash result, not taxable income.
What about 3 or more properties?
The income is treated as business income and taxed under a different framework. The calculator returns no figure and points you to an accountant.
Which tax scale is used, and why?
The 2025 scale, with a €35,000 limit for the 35% band, because it produces the higher tax of the two published versions. The 2026 scale with the €36,000 limit is shown alongside so the difference is visible.
Are the amounts I type stored?
No. The calculation runs in your browser. There is no data submission, account or database.