Are you planning a vacation to Tiki Island and wondering whether vacation rentals are allowed? Well, the answer is not straightforward. It depends on where your rental property is located on the island.
The Residential Districts on Tiki Island
Tiki Island is divided into two residential districts – North Tiki Island and South Tiki Island. The North district comprises the area from Marker 4 to Marker 11, while the South district spans from Marker 11 to Marker 17.
Vacation Rentals in North Tiki Island
In North Tiki Island, short-term rentals are allowed in single-family homes. However, there are some restrictions to keep in mind.
Firstly, the rental period should not be less than one week. Also, no more than two rentals are permitted in a calendar month for any single-family home. This means that if you plan to rent out your home for vacationers, you cannot exceed two bookings per month.
Vacation Rentals in South Tiki Island
On the other hand, short-term rentals are not allowed in South Tiki Island’s residential district. The area is reserved for permanent residents only. Any rental of less than one month is considered illegal and can result in hefty fines and legal trouble.
What About Condos?
If you’re planning to rent out a condo, you’ll need to check with your condo association first. Some associations have strict rules against short-term rentals, while others may allow it with certain stipulations.
The Bottom Line
In summary, yes – vacation rentals are allowed on Tiki Island but only in specific areas and under certain conditions. If you’re considering renting out your property for short-term vacations, it’s essential to check with local authorities first and ensure that you comply with all regulations.
- Short-term rentals are allowed in single-family homes in North Tiki Island, but no more than two bookings per month are permitted.
- Short-term rentals are not allowed in South Tiki Island’s residential district.
- If you’re planning to rent out a condo, check with your condo association first to see if it’s allowed.
Keep these rules in mind, and you’ll be well on your way to enjoying a successful vacation rental business on Tiki Island.
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