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Short-term rentals, locally referred to as "alquileres a corto plazo," are legal in Cidra Municipality, Puerto Rico, where they face increasing scrutiny and regulation due to a significant rise in their numbers. As of 2023, there were over 25,000 such rentals across Puerto Rico, a sharp increase from about 1,000 in 2014. Properties that thrive include rural cabins and urban apartments, catering primarily to tourists attracted by the municipality's natural beauty and cultural offerings, which has been further magnified post-Hurricane Maria as many investors have purchased properties. While short-term rentals contribute positively to local economies by creating jobs and boosting tourism, they have also led to rising housing costs and displacement issues among long-term residents, prompting calls for stricter regulations and the establishment of a public rental registry. The Puerto Rico Tourism Company oversees the regulatory framework for these rentals, which is currently evolving to address the social impacts of the rental surge. For further details on government regulations, visit the Puerto Rico Tourism Company website at.
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