Did you know that the City of Santa Fe has a Short Term Rental Ordinance that governs all residential property within the City limits? For this Ordinance, a short term rental is considered any stay for less than 30 days.
For investors looking to purchase real estate in Santa Fe, it’s essential to become acquainted with this Ordinance, although keep in mind that if a property is located within a Homeowner Association or a Condo Association, that Association’s covenants may not allow Short Term Rentals, which would override a property’s eligibility via the City’s Ordinance.
Read more via the link below.