Does Santa Fe Allow Short Term Rentals?
Thinking about purchasing a home in Santa Fe New Mexico? Wondering how the short term rental process works? Here’s some great details to know. First and foremost, it is possible to own a property in Santa Fe and run it as a short term rental.
With that being said, there are many caveats to have to be taken into consideration. Many neighborhoods allow for short term rentals in town. Adhering to local covenants, restrictions, and neighborhood associations is a key aspect for ensuring that the home you pick will allow you short term rental opportunities.
There are a limited amount of permits that are allotted in the city of Santa Fe. So knowing the amount that are currently active and potential availabilities is imperative for success.
There are also opportunities outside of Santa Fe proper in county areas for short term rentals. There could also be potential opportunities with and leveraging aspects on these type of properties.
So the short answer is yes, short term rentals are allowed in Santa Fe pending review and approval of the city of Santa Fe’s current guidelines. For more information on your new short term rental purchase feel free to contact us and we would be happy to help.