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Air Tourism Could Push Southern Europe Rents Up 251 Euros by 2031

Monday, 29 June 2026/Source: Google News/1 min read

Ireland, Spain, Portugal, Greece, and Italy have jointly raised concerns about the economic impact of growing air tourism on local housing markets across Southern Europe. According to forecasts, continued flight-led visitor growth could push annual household rents higher by up to 251 euros by 2031. In Greece, including Crete, rising tourist numbers are putting pressure on long-term rental availability as landlords increasingly shift properties toward short-term holiday lets. This trend contributes to higher living costs for local residents. For tourists, this context means accommodation prices in popular Cretan destinations may continue to rise in coming years. Booking stays well in advance and considering smaller, less-visited villages can help secure better rates while also distributing tourism spending more evenly across the island.

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