Property Description:

1-Bedroom Condo with Beach Access in Isla Verde

Located in Isla Verde, Carolina, PR, this 1-bedroom, 1-bathroom condo is less than 10 minutes from San Juan Airport and within walking distance to restaurants, shops, and bars. The property is fully furnished and includes a fully equipped kitchen, linens, kitchen utensils, and cleaning supplies. Enjoy beach views, beach access, and pool access, along with private gated parking in a secure community.

Building Amenities:

• Beach Access
• Pool Access
• Laundry Area
• 24-Hour Security
• Gated Community

Property Features:

• 1 Bedroom / 1 Bathroom
• 1 Private Parking Spot
• Fully Furnished
• Fully Equipped Kitchen
• Beach View

Operational Overhead

• Rent: $2,500/month (Includes HOA)
• Not Included in Rent:
  • WiFi
  • Electricity
  • Water
  • Restock of Supplies
  • Co-Host Management

Non-owner-occupied short-term rentals (STRs) in Puerto Rico are subject to evolving regulations, particularly in municipalities like San Juan. Here's a summary of the key rules and developments:

San Juan Regulations

1. Mandatory Licensing:
   • Non-shared units require an annual license costing $500, issued by the local Permit Office15.
   • Operators must comply with municipal and state permits, including registration with the Puerto Rico Tourism Company, Treasury Department, and CRIM1.
2. Restrictions:
   • STRs are prohibited in areas where condominium bylaws or community rules disallow them1.
   • Events or commercial activities are not permitted on STR properties1.
3. Compliance and Oversight:
   • Operators must adhere to noise, waste management, and other community standards. Violations can result in fines ranging from $500 to $2,500 and potential license revocation15.
4. Deadlines:
   • The deadline to complete registration for STRs has been extended to May 31, 20251.

Broader Puerto Rico Regulations

1. Commercial Reclassification Debate:
   • A proposed law would limit STRs to 30% of a property and require reclassification as commercial rather than residential. This has faced criticism for potentially reducing STR inventory23.
2. Local Variations:
   • Municipalities like Dorado impose stricter fees and caps on STRs, with permits costing up to $3,000 depending on the number of units operated5.
3. Community Impact Concerns:
   • STRs are criticized for contributing to housing shortages, gentrification, and community disruption. Regulations aim to balance tourism benefits with residents' quality of life23.

‍