Airbnb properties transferring to the private market

The landscape of the residential letting market has changed during the Covid 19 crisis. Deirdre Greaney, letting manager with Winters Property Management, explains why there is an increase in letting properties on the market.

"The most recent Daft report has indicated that in Dublin and nationwide there has been a substantial increase in the number of residential properties available for rent, figures as high as 22 per cent have been referenced for one and two bed apartments," said Ms Greaney, who has 15 years' experience in the property market. "This increase of stock is being put down to properties which were let on a short term basis now coming in to the long term market.

"While this is a good thing for tenants, just because a property was suitable for short term lettings does not necessarily mean that it meets the standards required for the private long term letting market as set out in the Housing (Standards for Rented Houses ) Regulations 2019. In addition the requirements of long term tenants are dramatically different from short stayers.

"At Winters Property we offer a variety of services to landlords, everything from rent collection services, vetting of tenants, and legislation compliance inspections to full let and managed services," she added. "The let and managed services continues to be the most popular as it's a fully comprehensive package that offers a completely hands-off approach for the landlord if that is what they are looking for. However, this of course can be tailored to each landlord as some landlords like to be more involved than others.

"For landlords that were using thid party hosts for their Airbnb properties, the let and managed service offers both peace of mind and convenience at this uncertain time."

For further information contact Winters Property Management on [email protected] or 091 771898.

 

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