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Short-term rentals (STRs), locally referred to as "alojamiento a corto plazo," are legal in Toa Alta Municipality, Puerto Rico, and are regulated under the Puerto Rico Hostelry Regulation. Property owners operating short-term rentals must register as innkeepers with the Puerto Rico Tourism Company, obtain a business registration with the Treasury Department, and secure a Use Permit from the Office of Management and Permits. Properties thriving in this market include urban apartments and rural cabins, catering predominantly to both tourists exploring the region and business travelers requiring temporary accommodations. The overall market environment is influenced by an increase in travel preferences towards short-term rentals, which constitute around 50% of the lodging sector in Puerto Rico. The municipality also has specific local regulations and taxes to adhere to, enhancing the complexity for prospective operators. For further details on the regulations, you can visit the Puerto Rico Tourism Company's official website at. Additional insights can be found at Farrant Law's guide on establishing and operating STRs in Puerto Rico.
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