Practical guide

Property Management in Crete

A practical guide for property owners considering short-term rentals on the island.

Why Crete for short-term rentals?

Growing tourism

Crete welcomes over 5 million visitors annually, with east Crete gaining popularity as travelers seek authentic experiences.

Extended season

The rental season in Crete runs from April to November, with peak months (July-August) commanding premium rates.

Infrastructure development

The new Kastelli International Airport (opening 2028, 18M passenger capacity) and the BOAK highway are transforming east Crete.

Strong returns

Well-managed properties in east Crete can generate competitive yields, especially villas with pools.

Short-term rental regulations

Greece requires property owners to obtain an AMA (Short-Term Rental License) before listing on platforms like Airbnb or Booking.com.

  1. 1Register on the AADE (tax authority) platform
  2. 2Obtain your AMA number
  3. 3Display the AMA on all listings
  4. 4Declare rental income (15% tax on first 12,000 EUR)
  5. 5Pay ENFIA annual property tax (~0.28%)

Revenue potential

Average daily rates in east Crete vary by property type and season. A well-positioned 2-bedroom property can expect:

SeasonADROccupancy
Peak (Jul-Aug)85-150 EUR85-95%
Shoulder (May-Jun, Sep-Oct)60-110 EUR60-80%
Low (Nov-Apr)35-70 EUR15-35%

Actual returns depend on location, property condition, marketing, and management quality. Use our simulator for a personalized estimate.

Need help managing your property?

Kairos Guest Management offers full-service property management in east Crete. Francophone owner based on-site in Makrigialos.

Visit Kairos Guest Management

Free consultation. No commitment.