Acropolis Neighborhood Koukaki Airbnb Top Greece Draw
(WorldNews Greece)

Under the Acropolis and in the shadow of the Parthenon, the Athens neighborhood of Koukaki is quickly turning from a residential to transient area so popular with tourists that apartments are rapidly being turned into short-term rentals with the area the fifth most popular choice worldwide of Airbnb users in 2016, and growing. Many properties across Athens are being turned into rentals after being purchased by wealthy foreigners, particularly Chinese and Russia, who can get Golden Visas that come with five-year residency permits and European Union passports if they invest at least 250,000 euros ($282,961) and they never have to step foot in what they own. In a...