Short Term Rental Investment Properties for Sale in Albuquerque, NM


796- 3 Bed
- 1 Bath
- 1004 sft


1475- 6 Bed
- 4 Bath
- 3000 sft


751- 3 Bed
- 3 Bath
- 1589 sft


1781- 5 Bed
- 5 Bath
- 2950 sft
Why Invest in Albuquerque, New Mexico?
Albuquerque's short-term rental market offers compelling opportunities for investors seeking diversified income streams in New Mexico's largest city. The city implemented comprehensive STR regulations in 2021 through Ordinance O-20-30, creating a stable, permitted operating environment that distinguishes it from less-regulated markets. With no geographic separation requirements between properties and a straightforward permitting process, investors can build multi-unit portfolios efficiently. The market supports strong rental yields driven by consistent tourism demand and a growing population base, while lower property acquisition costs compared to major coastal markets enable faster cash flow positive investments.
Frequently Asked Questions
You must obtain a City Short-Term Rental Permit ($120 first year, $90 annual renewal) and provide a business registration, floor plan, proof of STR insurance, and a signed Good Neighbor Agreement to be posted in the unit. You also need a New Mexico CRS/GRT tax ID number for gross receipts tax compliance. The application is submitted online through the city's LodgingRevs portal.
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