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Housing in Honduras
 
 
 

Renting a Property

Most popular areas for expatriates in Hinduras are Roatan and Tegucigalpa. Housing in Honduras results in a good option for expatriates due to the low prices. Most of expatriates prefer to rent due to the short periods of time the stay in the country. Rents may vary from $700 per month up to $2,500 or USD 3,000. Nice townhouses may be rented for around $1,200 per month.

Buying a Property

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. Property on Roatan can cost a fraction of the price of the same property in any coastal region of the southern US. 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 fees 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 property in Honduras is a fairly simple process, but make sure you use a real estate professional and attorney. 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 Publica (publicly registered document) and, if buying in a corporation, you will hold bearer shares.

Property taxes 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 for sale 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 their large home on a three-quarter-acre site.

The Islands

The beachfront real estate buys in Honduras are truly unparalleled. Up until two 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 centrepiece. There are restrictions on height, so there is high-rise 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.

Mainland

For a laid back town with plenty of history and colonial charm, and much room for restoration, Trujillo bears a good look. Home to the Standard Fruit Company for many years and still looking for economic recovery, Trujillo could be the next boom town for real estate in Honduras. 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 semi circle, 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, ready to repel future attacks! 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.

 

 
 

 



 


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