• Average asking price $491,248
  • % + or - average Caribbean property price -357%
  • Property price range $125,000 - $995,000
  • Average price per sq ft $250
  • Annual tourist arrivals 885,000
  • % change in annual tourist arrivals +2.6%

Overview – The Honduras & Roatan Real Estate Market

Located in Central America, Honduras borders Guatemala (which in turn borders Belize) to the north and El Salvador and Nicaragua to the south.

With a population of 8 million, the country spans 43,278 sq miles, largely comprising mountains and pristine jungle filled with fascinating Mayan ruins and over a dozen national parks. Not having received the same degree of attention and investment as Central American countries such as Panama, Costa Rica, Belize and Nicaragua, the Honduras real estate market is in the very early stages of development and prices are generally much lower.

For property buyers, Roatan in Honduras’s Bay Islands is without a doubt the most developed real estate market. With beautiful white sand beaches and some of the best diving in the Caribbean, Roatan has been a popular choice for American second home buyers for many years. A number of resorts have been developed on the island which include property for sale and beachfront homes in Roatan are in much demand.

For those looking for a quieter island life, the sister islands of Guanaja and Utila in the Bay Islands are tranquil and beautiful.

Parts of Honduras’s northern coast are also starting to be developed. Fringed by long sandy beaches set against a backdrop of jungle, lagoons and mountains, the northern coast of Honduras is spectacularly beautiful. The resort towns of the northern coast enjoy beautiful views of the Caribbean Sea and access to magnificent national parks. Northern Honduras, including Tela Bay in the department of Atlántida and Trujillo in the department of Colon, is an emerging real estate market offering land for sale which is ideal for eco-development and beautifully appointed homes in new beach and golf resorts.

 

Search our Honduras Real Estate & Roatan Real Estate Listings

As specialists in luxury Caribbean property, we can introduce you to a wide selection of the finest residential property, land for sale and commercial real estate in Honduras and Roatan in the Bay Islands.

Our agents on the ground can offer unrivaled local insight into the market and the most desirable investment opportunities.

To discover your perfect property in Honduras and Roatan, search our Honduras & Roatan real estate listings.

 

Areas – Roatan

Roatan

Discover Roatan – Read our Guide to Roatan Real Estate.

Lawson Rock

Discover Lawson Rock – Read our Guide to Lawson Rock Real Estate.

Palmetto Bay

Discover Palmetto Bay – Read our Guide to Palmetto Bay Real Estate.

Parrot Tree Plantation

Discover Parrot Tree Plantation – Read our Guide to Parrot Tree Plantation Real Estate.

Pristine Bay

Discover Pristine Bay – Read our Guide to Pristine Bay Real Estate.

Sandy Bay

Discover Sandy Bay – Read our Guide to Sandy Bay Real Estate.

West Bay

Discover West Bay – Read our Guide to West Bay Real Estate.

West End

Discover West End – Read our Guide to West End Real Estate.

 

Areas – Other Bay Islands

Bay Islands

Discover Bay Islands – Read our Guide to Bay Islands Real Estate.

Guanaja

Discover Guanaja – Read our Guide to Guanaja Real Estate.

Utila

Discover Utila – Read our Guide to Utila Real Estate.

 

Areas – Honduras

Atlantida

Discover Atlántida – Read our Guide to Atlantida Real Estate.

Colon

Discover Colon – Read our Guide to Colon Real Estate.

 

Buying Property in Honduras & Roatan

Foreign nationals can acquire up to 3,000 square meters (0.72 acres) of land in Honduras and Roatan. Larger areas can be acquired through a corporation, which a foreign national can be either sole or joint owner of.

Once you have made an offer for a property and that offer has been accepted, you will be required to pay a 10% deposit which will be held in escrow by a Notary. Your attorney should undertake a title search. Once both you and the seller have signed the relevant documents, the balance should be transferred, the sale recorded and new title issued.

There is a land transfer tax of 1.5% of the value of the property.

Property tax is low and would typically amount to approximately $500 per year.

It is possible to obtain residency in Honduras and Roatan. Retirees with an income of at least $1,500 per month can apply for Retirement Residency. Individuals investing a minimum of $50,000 in Honduras can also apply for Investor’s Residency.

 

Honduras / Roatan – Land for Sale

Purchasing a lot of land provides you with a blank canvas and the opportunity to build your dream home in Roatan or Honduras.

Whether you are looking for beachfront land or a centrally located plot, we offer various lots of land for sale in Roatan and Honduras.

For larger parcels of land for commercial development, please see our commercial real estate listings.

 

Saving on Your Purchase

You could save money when investing in Honduras & Roatan real estate by using a foreign exchange expert to get the best rate for your property purchase. We have partnered with Halo Financial, a specialist in foreign exchange, to help you get the best exchange rates when making one-off or regular international payments for a property purchase in Honduras & Roatan. To see how you could save money, read more: Foreign Exchange.

 

Getting There

International flights to Honduras arrive at airports in Tegucigalpa, San Pedro Sula, La Ceiba and Roatan.

Local weather

28° Precipitacion0.13%
Tue 27° | 29°
Wed 27° | 29°
Thu 27° | 30°
Fri 27° | 29°
Sat 26° | 28°
Sun 27° | 29°
Mon 28° | 29°

Local time

7:31PM Monday 16th Jul 2018 (CST)
Tue 27° | 29°
Wed 27° | 29°
Thu 27° | 30°
Fri 27° | 29°
Sat 26° | 28°
Sun 27° | 29°
Mon 28° | 29°

Fast facts

  • Population 8,249,574
  • Capital Tegucigalpa
  • Language Spanish, English (Roatan)
  • Currency Honduras Lempira
  • Time zone GMT-6 | ET