Caden Grimes Estates

Residential & Commercial Property Sales & Lettings | Lettings Management | Accommodation Outsourcing | Corporate Relocation

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Airbnb Properties Will Come Back To The Long Term Rental Market

July 1, 2019 By Lee

And It Can Be Good For Dublin Landlords……

The new legislation restricting short term stays to 90 days come into effect today (1st July 2019) and apply to properties where it is NOT the owner’s principal private residence but IS in a designated Rent Pressure Zone
You can apply for ‘change of use’ planning permission, but you are unlikely to get it.

If you are short-letting a room in your own home, the new rules do not apply, but you will need to register with your Local Authority

If you are short-letting a property OUTSIDE of the RPZ’s the rules DO NOT apply, but you DO need to apply for change of use. And you have to register with your council.

THIS IS serious – you can be fined up to €5,000 or get up to 6 months in prison – or both of the above!

Is this UNIQUE to Ireland? No – Barcelona, New York, San Fran, Paris, Amsterdam, Toronto, Vancouver, Berlin and a host (NPI!) more have introduced similar rules for similar reasons.

What does it mean for landlords?  Well it’s not all bad – long term rents are high, you won’t have to pay constant change out /cleaning fees, less wear and tear – and there are GREAT tenants out there.

 But New legislation has come in over the last few years which landlords need to be aware of – limited rent increases, equality, new standards in rented houses- All can be daunting.

Selling or Letting Your Property?
Caden Grimes Estates is licensed (001883) as an Estate Agent and Letting Agent with the PSRA
Info@CGestates.ie  01 9014480

Caden Grimes Estates. Pride and Professionalism In Property Services.

Rent Pressure Zones in Dublin and surrounding areas include:
All of the Dublin councils, Naas, Newbridge, Celbridge, Leixlip, Maynooth, Ashbourne, Ratoath, Navan, Bray, Greystones, Wicklow, Laytown/Bettystown, Drogheda

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    Testimonials

    Mary One Property

    "We first engaged Gerry Grimes to find a tenant for us in 2005 and have been using his services ever since. We don't even consider contacting another agency when we are looking for new tenants. Gerry's judgement has always been sound, the end result being that our property has been let without major gaps in tenancy and the clients were long lasting and reliable."

    Helen One Apartment

    "Property for People has proven themselves to me on a number of counts. Rapid response to queries, a comprehensive service leaving no loose ends when leasing and most importantly the genuinely sound tenants that they found for the apartment."

    Peter Weston Investments, Various Commercial and Residential Properties

    "Gerry rents and looks after my investment properties. Rents, problems, leases are all under his control, he takes a huge amount of work from me. He’s very reliable and quick to get back to me, an excellent manager."

    Jini & Terence Rooney One Property

    "PropertyforPeople has managed our property for the past four years. He consistently conducted his business expertly, efficiently and with minimum intrusion to us. He secured several excellent tenants who left the property in impeccable condition. Based on the high quality of service that we have received from Gerry, we would gladly recommend his services to anyone seeking a reliable property manager."

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