Up to 12,000 properties could be freed up from short term letting sites under plans going to the Cabinet this morning.
Minister Catherine Martin will update colleagues on plans for a short term letting register.
It would mean anyone offering a property as accommodation for three weeks or more in a year would need to be registered with Fáilte Ireland.
Property owners will have to register and confirm they have the correct planning permission for short term letting – with penalties for non-compliance.
It’s hoped the legislation will crack down on instances where a property is being used as a short term rental without the correct planning permission.
New planning requirements were brought in under a 2019 bill to require planning permission in rent pressure zones to free up more properties for long term rental or the private market, rather than having them let on a short term basis through sites like AirBnB.
