Up to 12,000 homes could be put back on the long-term rental market as part of new legislation to be introduced by the Government.
Tourism Minister Catherine Martin and Housing Minister Darragh O’Brien announced on Wednesday that short-term rentals which are let out for 21 days or fewer must now be registered with Fáilte Ireland.
Homeowners who do not properly register their property could face fines of up to €300, while booking platforms, such as Airbnb, could face fines of up to €5,000 if a registration code does not appear on advertisements.
