Honduras Real Estate

Excellent Honduras Real Estate and Property

Amazing properties in Honduras are just waiting for you to come take a look

When most people think of Honduras real estate, what they don't think of is being able to afford a vacation home in the Caribbean, or moving to a country where they can live at least as well as they currently do…but for half the cost. But it's true. Property on Roatan can cost a fraction of the price of the same property in any coastal region of the southern U.S. For example, a home in Villa Elena, an exclusive country club situated outside the capital city of Tegucigalpa, can cost under $200,000 for a three-bedroom chalet perched on the side of a mountain in the temperate climate of southern Honduras. Here, country club dues are $60 a month, or $80 per month if you want to join the golf club. No green fees, no initial fee to join if you are a property owner, and you enjoy reciprocal rights at the other golf clubs in the country.

Buying Honduras Real Estate Is Easy and Cheap

Buying property in Honduras is a fairly simple process, but make sure you use a Honduras real estate professional and attorney recommended by our local office. Or ask Ron and Janine to handle a purchase for you. Foreigners enjoy the same rights of property ownership as Hondurans and can purchase up to three-quarters of an acre as an individual, or more by forming a Honduran corporation. Title is held in the same manner as fee simple, or freehold. You receive an Escritura Pública (publicly registered document) and, if buying in a corporation, you will hold bearer shares.

Property taxes for Honduras real estate are much lower than you're used to paying, no matter where you live, so don't worry about being stung by outrageous taxes once you've found your dream real estate in Honduras. Here, you'll pay hundreds of dollars, not thousands. For example, one of the most expensive real estate properties on Roatan, in the beautiful Lawson Rock development, pays around $500 a year for the large home on a three-quarter-acre site.

Finding Property for Sale on Honduras' Beautiful Bay Islands

There are some amazing properties for sale in the Bay Islands of Honduras

The beachfront real estate buys in Honduras are truly unparalleled. Up until just a few years ago, the most popular real estate to buy in the Bay Islands was building lots, often without utilities on them. Today, building sites are still available, but the trend seems to be for condos now, as more developments are appearing with condos as their centerpiece. There are restrictions on height, so there are no highrise properties in the islands; you have to go to the large cities on the mainland if you crave big buildings.

It's still possible to buy large tracts of land on Guanaja, and to a lesser extent on Utila and Roatan. All three islands have large areas of undeveloped land, so even though they're islands, there's a feeling of openness and space. On the north coast of the mainland, there is a lot of opportunity to buy large beach lots, at a much lower cost, and the north coast is ripe for development and investment. We're seeing developers starting to quietly buy these pieces, so the time is NOW to jump on this bandwagon.

Honduran Real Estate on the Mainland

For a laidback town with plenty of history and colonial charm, and much room for restoration, Trujillo deserves a good look. Home to the Standard Fruit Co. for many years and still looking for economic recovery, Trujillo could be the next boom town for Honduras real estate. The beaches here are wide and soft and the peninsula of Cabo de Honduras culminates in Puerto Castilla, one of Honduras' modern port facilities. From the town of Trujillo, the bay curves around in a semicircle, so you can see the port across the bay from anywhere in town.

The area outside of town is sparsely populated, so the opportunity to find a special Honduran property at a great price here is excellent. The government has started to infuse the town with restoration money, evidenced in the restoration of the Fortress of Santa Barbara, with its cannons still poised out to sea. There is an airstrip, no longer used for scheduled flights, but private planes touch down here quite often, so as the town recovers, the access is ready to open back up for air service.

Learn more about Honduras real estate in IL Postcards.

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