diff --git a/src/bindings/c/include/openvino/c/ov_property.h b/src/bindings/c/include/openvino/c/ov_property.h
index 1b8a580c42a..0f99d2870f6 100644
--- a/src/bindings/c/include/openvino/c/ov_property.h
+++ b/src/bindings/c/include/openvino/c/ov_property.h
@@ -206,3 +206,17 @@ ov_property_key_device_priorities;
  */
 OPENVINO_C_VAR(const char*)
 ov_property_key_hint_execution_mode;
+
+/**
+ * @brief Read-write property to set whether force terminate tbb when ov core destruction
+ * @ingroup ov_property_c_api
+ */
+OPENVINO_C_VAR(const char*)
+ov_property_key_force_tbb_terminate;
+
+/**
+ * @brief Read-write property to configure `mmap()` use for model read
+ * @ingroup ov_property_c_api
+ */
+OPENVINO_C_VAR(const char*)
+ov_property_key_enable_mmap;
diff --git a/src/bindings/c/src/ov_property.cpp b/src/bindings/c/src/ov_property.cpp
index a7ea7697856..78b3bfe4576 100644
--- a/src/bindings/c/src/ov_property.cpp
+++ b/src/bindings/c/src/ov_property.cpp
@@ -33,3 +33,5 @@ const char* ov_property_key_log_level = "LOG_LEVEL";
 const char* ov_property_key_enable_profiling = "PERF_COUNT";
 const char* ov_property_key_device_priorities = "MULTI_DEVICE_PRIORITIES";
 const char* ov_property_key_hint_execution_mode = "EXECUTION_MODE_HINT";
+const char* ov_property_key_force_tbb_terminate = "FORCE_TBB_TERMINATE";
+const char* ov_property_key_enable_mmap = "ENABLE_MMAP";
diff --git a/src/bindings/c/tests/ov_core_test.cpp b/src/bindings/c/tests/ov_core_test.cpp
index 1a4c7045f92..621f35dcf96 100644
--- a/src/bindings/c/tests/ov_core_test.cpp
+++ b/src/bindings/c/tests/ov_core_test.cpp
@@ -312,55 +312,38 @@ TEST_P(ov_core_test, ov_core_set_and_get_property_enum) {
     OV_EXPECT_OK(ov_core_create(&core));
     EXPECT_NE(nullptr, core);
 
-    const char* key = ov_property_key_hint_performance_mode;
-    const char* affinity = "LATENCY";
-    OV_EXPECT_OK(ov_core_set_property(core, device_name.c_str(), key, affinity));
-    char* ret = nullptr;
-    OV_EXPECT_OK(ov_core_get_property(core, device_name.c_str(), key, &ret));
-    EXPECT_STREQ(affinity, ret);
-    ov_free(ret);
+    std::map<const char*, const char*> properties = {{ov_property_key_hint_performance_mode, "LATENCY"},
+                                                     {ov_property_key_hint_scheduling_core_type, "PCORE_ONLY"},
+                                                     {ov_property_key_hint_enable_hyper_threading, "YES"},
+                                                     {ov_property_key_enable_profiling, "YES"}};
 
-    const char* key_pin = ov_property_key_hint_enable_cpu_pinning;
-    const char* val_pin = "YES";
-    OV_EXPECT_OK(ov_core_set_property(core, device_name.c_str(), key_pin, val_pin));
-    ret = nullptr;
-    OV_EXPECT_OK(ov_core_get_property(core, device_name.c_str(), key_pin, &ret));
-    EXPECT_STREQ(val_pin, ret);
-    ov_free(ret);
-
-    const char* key_type = ov_property_key_hint_scheduling_core_type;
-    const char* val_type = "PCORE_ONLY";
-    OV_EXPECT_OK(ov_core_set_property(core, device_name.c_str(), key_type, val_type));
-    ret = nullptr;
-    OV_EXPECT_OK(ov_core_get_property(core, device_name.c_str(), key_type, &ret));
-    EXPECT_STREQ(val_type, ret);
-    ov_free(ret);
-
-    const char* key_ht = ov_property_key_hint_enable_hyper_threading;
-    const char* val_ht = "YES";
-    OV_EXPECT_OK(ov_core_set_property(core, device_name.c_str(), key_ht, val_ht));
-    ret = nullptr;
-    OV_EXPECT_OK(ov_core_get_property(core, device_name.c_str(), key_ht, &ret));
-    EXPECT_STREQ(val_ht, ret);
-    ov_free(ret);
+    for (const auto& property : properties) {
+        OV_EXPECT_OK(ov_core_set_property(core, device_name.c_str(), property.first, property.second));
+        char* ret = nullptr;
+        OV_EXPECT_OK(ov_core_get_property(core, device_name.c_str(), property.first, &ret));
+        EXPECT_STREQ(property.second, ret);
+        ov_free(ret);
+    }
 
     ov_core_free(core);
 }
 
-TEST_P(ov_core_test, ov_core_set_and_get_property_bool) {
-    auto device_name = GetParam();
+TEST_F(ov_core_test, ov_core_set_and_get_property_no_device) {
     ov_core_t* core = nullptr;
     OV_EXPECT_OK(ov_core_create(&core));
     EXPECT_NE(nullptr, core);
 
-    const char* key = ov_property_key_enable_profiling;
-    const char* enable = "YES";
-    OV_EXPECT_OK(ov_core_set_property(core, device_name.c_str(), key, enable));
+    std::map<const char*, const char*> properties = {{ov_property_key_force_tbb_terminate, "YES"},
+                                                     {ov_property_key_enable_mmap, "NO"}};
+
+    for (const auto& property : properties) {
+        OV_EXPECT_OK(ov_core_set_property(core, "", property.first, property.second));
+        char* ret = nullptr;
+        OV_EXPECT_OK(ov_core_get_property(core, "", property.first, &ret));
+        EXPECT_STREQ(property.second, ret);
+        ov_free(ret);
+    }
 
-    char* ret = nullptr;
-    OV_EXPECT_OK(ov_core_get_property(core, device_name.c_str(), key, &ret));
-    EXPECT_STREQ(enable, ret);
-    ov_free(ret);
     ov_core_free(core);
 }
 
diff --git a/src/bindings/python/src/pyopenvino/core/properties/properties.cpp b/src/bindings/python/src/pyopenvino/core/properties/properties.cpp
index 01471f27218..96149c7df6d 100644
--- a/src/bindings/python/src/pyopenvino/core/properties/properties.cpp
+++ b/src/bindings/python/src/pyopenvino/core/properties/properties.cpp
@@ -30,6 +30,7 @@ void regmodule_properties(py::module m) {
     wrap_property_RW(m_properties, ov::compilation_num_threads, "compilation_num_threads");
     wrap_property_RW(m_properties, ov::affinity, "affinity");
     wrap_property_RW(m_properties, ov::force_tbb_terminate, "force_tbb_terminate");
+    wrap_property_RW(m_properties, ov::enable_mmap, "enable_mmap");
 
     wrap_property_RO(m_properties, ov::supported_properties, "supported_properties");
     wrap_property_RO(m_properties, ov::available_devices, "available_devices");
diff --git a/src/bindings/python/tests/test_runtime/test_properties.py b/src/bindings/python/tests/test_runtime/test_properties.py
index ea7dd3ba6db..f21a204ae8d 100644
--- a/src/bindings/python/tests/test_runtime/test_properties.py
+++ b/src/bindings/python/tests/test_runtime/test_properties.py
@@ -213,7 +213,8 @@ def test_properties_ro(ov_property_ro, expected_value):
             "AFFINITY",
             ((properties.Affinity.NONE, properties.Affinity.NONE),),
         ),
-        (properties.force_tbb_terminate, "FORCE_TBB_TERMINATE", ((True, True),)),
+        (properties.force_tbb_terminate, "FORCE_TBB_TERMINATE", ((True, True), (False, False))),
+        (properties.enable_mmap, "ENABLE_MMAP", ((True, True), (False, False))),
         (properties.hint.inference_precision, "INFERENCE_PRECISION_HINT", ((Type.f32, Type.f32),)),
         (
             properties.hint.model_priority,
diff --git a/src/frontends/ir/src/frontend.cpp b/src/frontends/ir/src/frontend.cpp
index 4dcbb931e6d..0215eee96b0 100644
--- a/src/frontends/ir/src/frontend.cpp
+++ b/src/frontends/ir/src/frontend.cpp
@@ -183,8 +183,7 @@ InputModel::Ptr FrontEnd::load_impl(const std::vector<ov::Any>& variants) const
             weights = variant.as<std::shared_ptr<ngraph::runtime::AlignedBuffer>>();
         }
     }
-    bool use_map_allocator =
-        variants[variants.size() - 1].is<bool>() ? variants[variants.size() - 1].as<bool>() : false;
+    bool enable_mmap = variants[variants.size() - 1].is<bool>() ? variants[variants.size() - 1].as<bool>() : false;
 
     // Find weights if only path to xml was provided
     if (weights_path.empty()) {
@@ -202,7 +201,7 @@ InputModel::Ptr FrontEnd::load_impl(const std::vector<ov::Any>& variants) const
         }
     }
     if (!weights_path.empty()) {
-        if (use_map_allocator)
+        if (enable_mmap)
             weights = ov::load_mmap_object(weights_path);
         else {
             std::ifstream bin_stream;
diff --git a/src/frontends/ir/tests/frontend_test_basic.cpp b/src/frontends/ir/tests/frontend_test_basic.cpp
index 78d0099bed1..29f412e9b21 100644
--- a/src/frontends/ir/tests/frontend_test_basic.cpp
+++ b/src/frontends/ir/tests/frontend_test_basic.cpp
@@ -16,6 +16,15 @@ protected:
     }
 };
 
+class IRFrontendMMapTests : public ::testing::TestWithParam<bool>, public IRFrontendTestsImpl {
+protected:
+    void SetUp() override {}
+
+    void TearDown() override {
+        RemoveTemporalFiles();
+    }
+};
+
 TEST_F(IRFrontendTests, elementary_model_reading_v11) {
     std::string testModelV11 = R"V0G0N(
 <net name="Network" version="11">
@@ -241,7 +250,7 @@ TEST_F(IRFrontendTests, model_with_missing_weights) {
     ASSERT_THROW(core.read_model(testModelV11, ov::Tensor()), ov::Exception);
 }
 
-TEST_F(IRFrontendTests, model_with_weights_reading_from_disk) {
+TEST_P(IRFrontendMMapTests, model_with_weights_reading_from_disk) {
     std::string xmlModel = R"V0G0N(
 <?xml version="1.0" ?>
 <net name="Network" version="11">
@@ -316,7 +325,9 @@ TEST_F(IRFrontendTests, model_with_weights_reading_from_disk) {
 
     std::shared_ptr<ov::Model> model;
 
-    ASSERT_NO_THROW(model = core.read_model(xmlFileName, binFileName));
+    ov::Core new_core;
+    new_core.set_property(ov::enable_mmap(GetParam()));
+    ASSERT_NO_THROW(model = new_core.read_model(xmlFileName, binFileName));
     ASSERT_TRUE(!!model);
 
     std::shared_ptr<ov::Model> modelRef;
@@ -343,6 +354,8 @@ TEST_F(IRFrontendTests, model_with_weights_reading_from_disk) {
     EXPECT_TRUE(res.valid) << res.message;
 }
 
+INSTANTIATE_TEST_SUITE_P(EnableMMapPropery, IRFrontendMMapTests, ::testing::Bool());
+
 TEST_F(IRFrontendTests, model_without_weights_reading_from_disk) {
     std::string xmlModel = R"V0G0N(
 <?xml version="1.0" ?>
diff --git a/src/inference/include/openvino/runtime/properties.hpp b/src/inference/include/openvino/runtime/properties.hpp
index 1dbf47db03e..b2b81b51c24 100644
--- a/src/inference/include/openvino/runtime/properties.hpp
+++ b/src/inference/include/openvino/runtime/properties.hpp
@@ -678,6 +678,17 @@ static constexpr Property<std::tuple<unsigned int, unsigned int, unsigned int>,
  */
 static constexpr Property<bool, PropertyMutability::RW> force_tbb_terminate{"FORCE_TBB_TERMINATE"};
 
+/**
+ * @brief Read-write property to configure `mmap()` use for model read. Enabled by default.
+ * For the moment only IR Frontend supports the property.
+ *
+ * value type: boolean
+ *   - True enable `mmap()` use and map model
+ *   - False disable `mmap()` use and read model
+ * @ingroup ov_runtime_cpp_prop_api
+ */
+static constexpr Property<bool, PropertyMutability::RW> enable_mmap{"ENABLE_MMAP"};
+
 /**
  * @brief Namespace with device properties
  */
diff --git a/src/inference/src/dev/core_impl.cpp b/src/inference/src/dev/core_impl.cpp
index 0be7703087b..1f1a88c39e4 100644
--- a/src/inference/src/dev/core_impl.cpp
+++ b/src/inference/src/dev/core_impl.cpp
@@ -924,6 +924,9 @@ ov::Any ov::CoreImpl::get_property_for_core(const std::string& name) const {
     } else if (name == ov::hint::allow_auto_batching.name()) {
         const auto flag = coreConfig.get_allow_auto_batch();
         return decltype(ov::hint::allow_auto_batching)::value_type(flag);
+    } else if (name == ov::enable_mmap.name()) {
+        const auto flag = coreConfig.get_enable_mmap();
+        return decltype(ov::enable_mmap)::value_type(flag);
     }
 
     OPENVINO_THROW("Exception is thrown while trying to call get_property with unsupported property: '", name, "'");
@@ -1298,6 +1301,13 @@ void ov::CoreImpl::CoreConfig::set_and_update(ov::AnyMap& config) {
         _flag_allow_auto_batching = flag;
         config.erase(it);
     }
+
+    it = config.find(ov::enable_mmap.name());
+    if (it != config.end()) {
+        auto flag = it->second.as<bool>();
+        _flag_enable_mmap = flag;
+        config.erase(it);
+    }
 }
 
 void ov::CoreImpl::CoreConfig::set_cache_dir_for_device(const std::string& dir, const std::string& name) {
@@ -1314,6 +1324,10 @@ bool ov::CoreImpl::CoreConfig::get_allow_auto_batch() const {
     return _flag_allow_auto_batching;
 }
 
+bool ov::CoreImpl::CoreConfig::get_enable_mmap() const {
+    return _flag_enable_mmap;
+}
+
 // Creating thread-safe copy of config including shared_ptr to ICacheManager
 // Passing empty or not-existing name will return global cache config
 ov::CoreImpl::CoreConfig::CacheConfig ov::CoreImpl::CoreConfig::get_cache_config_for_device(
diff --git a/src/inference/src/dev/core_impl.hpp b/src/inference/src/dev/core_impl.hpp
index 179b59cc671..4f8ab8e38dd 100644
--- a/src/inference/src/dev/core_impl.hpp
+++ b/src/inference/src/dev/core_impl.hpp
@@ -85,6 +85,8 @@ private:
 
         bool get_allow_auto_batch() const;
 
+        bool get_enable_mmap() const;
+
         // Creating thread-safe copy of config including shared_ptr to ICacheManager
         // Passing empty or not-existing name will return global cache config
         CacheConfig get_cache_config_for_device(const ov::Plugin& plugin, ov::AnyMap& parsedConfig) const;
@@ -94,6 +96,7 @@ private:
         CacheConfig _cacheConfig;
         std::map<std::string, CacheConfig> _cacheConfigPerDevice;
         bool _flag_allow_auto_batching = true;
+        bool _flag_enable_mmap = true;
     };
 
     struct CacheContent {
diff --git a/src/inference/src/dev/core_impl_ie.cpp b/src/inference/src/dev/core_impl_ie.cpp
index 12641651797..1103fb274d0 100644
--- a/src/inference/src/dev/core_impl_ie.cpp
+++ b/src/inference/src/dev/core_impl_ie.cpp
@@ -49,7 +49,12 @@ InferenceEngine::RemoteContext::Ptr ov::CoreImpl::GetDefaultContext(const std::s
 
 InferenceEngine::CNNNetwork ov::CoreImpl::ReadNetwork(const std::string& modelPath, const std::string& binPath) const {
     OV_ITT_SCOPE(FIRST_INFERENCE, ov::itt::domains::IE_RT, "CoreImpl::ReadNetwork from file");
-    return InferenceEngine::details::ReadNetwork(modelPath, binPath, extensions, ov_extensions, is_new_api());
+    return InferenceEngine::details::ReadNetwork(modelPath,
+                                                 binPath,
+                                                 extensions,
+                                                 ov_extensions,
+                                                 is_new_api(),
+                                                 coreConfig.get_enable_mmap());
 }
 
 InferenceEngine::CNNNetwork ov::CoreImpl::ReadNetwork(const std::string& model,
diff --git a/src/inference/src/ie_network_reader.cpp b/src/inference/src/ie_network_reader.cpp
index 3a219f74382..09b39ccaf0d 100644
--- a/src/inference/src/ie_network_reader.cpp
+++ b/src/inference/src/ie_network_reader.cpp
@@ -418,7 +418,8 @@ CNNNetwork details::ReadNetwork(const std::string& modelPath,
                                 const std::string& binPath,
                                 const std::vector<IExtensionPtr>& exts,
                                 const std::vector<ov::Extension::Ptr>& ov_exts,
-                                bool newAPI) {
+                                bool newAPI,
+                                bool enable_mmap) {
 #ifdef ENABLE_IR_V7_READER
     // IR v7 obsolete code
     {
@@ -457,7 +458,7 @@ CNNNetwork details::ReadNetwork(const std::string& modelPath,
 #endif
         params.emplace_back(weights_path);
     }
-    params.emplace_back(/*use_ir_frontend_map_allocator=*/true);
+    params.emplace_back(enable_mmap);
 
     FE = manager.load_by_model(params);
     if (FE) {
diff --git a/src/inference/src/ie_network_reader.hpp b/src/inference/src/ie_network_reader.hpp
index 9b2aec6a4a2..bdf3c5e7d8c 100644
--- a/src/inference/src/ie_network_reader.hpp
+++ b/src/inference/src/ie_network_reader.hpp
@@ -22,13 +22,15 @@ namespace details {
  * @param exts vector with extensions
  * @param ov_exts vector with OpenVINO extensions
  * @param newAPI Whether this function is called from OpenVINO 2.0 API
+ * @param enable_mmap boolean to enable/disable `mmap` use in Frontend
  * @return CNNNetwork
  */
 CNNNetwork ReadNetwork(const std::string& modelPath,
                        const std::string& binPath,
                        const std::vector<IExtensionPtr>& exts,
                        const std::vector<ov::Extension::Ptr>& ov_exts,
-                       bool newAPI);
+                       bool newAPI,
+                       bool enable_mmap);
 /**
  * @brief Reads IR xml and bin (with the same name) files
  * @param model string with IR
diff --git a/src/tests/functional/plugin/shared/include/behavior/ov_plugin/core_integration.hpp b/src/tests/functional/plugin/shared/include/behavior/ov_plugin/core_integration.hpp
index cb63a7929a2..ac89c46dd38 100644
--- a/src/tests/functional/plugin/shared/include/behavior/ov_plugin/core_integration.hpp
+++ b/src/tests/functional/plugin/shared/include/behavior/ov_plugin/core_integration.hpp
@@ -689,10 +689,22 @@ TEST(OVClassBasicTest, SetTBBForceTerminatePropertyCoreNoThrow) {
     bool value = true;
     OV_ASSERT_NO_THROW(ie.set_property(ov::force_tbb_terminate(false)));
     OV_ASSERT_NO_THROW(value = ie.get_property(ov::force_tbb_terminate.name()).as<bool>());
-    EXPECT_EQ(value, false);
+    EXPECT_FALSE(value);
     OV_ASSERT_NO_THROW(ie.set_property(ov::force_tbb_terminate(true)));
     OV_ASSERT_NO_THROW(value = ie.get_property(ov::force_tbb_terminate.name()).as<bool>());
-    EXPECT_EQ(value, true);
+    EXPECT_TRUE(value);
+}
+
+TEST(OVClassBasicTest, SetEnableMmapPropertyCoreNoThrow) {
+    ov::Core ie;
+
+    bool value = true;
+    OV_ASSERT_NO_THROW(ie.set_property(ov::enable_mmap(false)));
+    OV_ASSERT_NO_THROW(value = ie.get_property(ov::enable_mmap.name()).as<bool>());
+    EXPECT_FALSE(value);
+    OV_ASSERT_NO_THROW(ie.set_property(ov::enable_mmap(true)));
+    OV_ASSERT_NO_THROW(value = ie.get_property(ov::enable_mmap.name()).as<bool>());
+    EXPECT_TRUE(value);
 }
 
 TEST(OVClassBasicTest, GetUnsupportedPropertyCoreThrow) {
diff --git a/src/tests/functional/plugin/shared/src/behavior/ov_plugin/properties_tests.cpp b/src/tests/functional/plugin/shared/src/behavior/ov_plugin/properties_tests.cpp
index c8fc23815f2..2bf10e59174 100644
--- a/src/tests/functional/plugin/shared/src/behavior/ov_plugin/properties_tests.cpp
+++ b/src/tests/functional/plugin/shared/src/behavior/ov_plugin/properties_tests.cpp
@@ -338,6 +338,9 @@ std::vector<ov::AnyMap> OVPropertiesTestsWithComplieModelProps::getPropertiesVal
     res.push_back({{ov::PropertyName(ov::force_tbb_terminate.name(), ov::force_tbb_terminate.mutability), true}});
     res.push_back({{ov::PropertyName(ov::force_tbb_terminate.name(), ov::force_tbb_terminate.mutability), false}});
 
+    res.push_back({{ov::PropertyName(ov::enable_mmap.name(), ov::enable_mmap.mutability), true}});
+    res.push_back({{ov::PropertyName(ov::enable_mmap.name(), ov::enable_mmap.mutability), false}});
+
     ov::streams::Num nums[] = {ov::streams::AUTO, ov::streams::NUMA};
     for (auto &num : nums) {
         res.push_back({{ov::PropertyName(ov::streams::num.name(), ov::streams::num.mutability), num}});