More than 4,600 properties are currently listed for short term lets in Dublin City Centre. However, figures released to Sinn Fein have shown just 13 landlords have applied for planning permission to do so.
New rules were introduced back in July in an effort to tackle a shortage in housing supply in Dublin. Owners letting out properties on a short ther basis on sites like AirBnB have to apply for planning permission.
Short-term lettings are now only be allowed where a house is a person’s primary residence inside designated ‘rent pressure zones’.
The property can only be let out for 90 days per year and for fewer than 14 days at any one time. People caught breaking the new rules face a maximum fine of 5,000 euro or six months in prison.
Data released by the Inside Airbnb website last week shows that there are 4,663 entire homes or apartments for let in Dublin City Centre.