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 $200,000 for a three-bedroom chalet perched on the side of a mountain in the temperate climate of southern Honduras.

Buying Honduras Real Estate Is Easy

Buying property in Honduras is a fairly simple process, but make sure you use a Honduras real estate professional and attorney. Initial steps before having any property titled, include the verification of the property background in the registry and making sure that municipal taxes such as the Real Estate Property Tax have been paid. Then a notary issues the preliminary deed, after which the 1.5% transfer tax and 0.15% registration fee are paid at a bank. Registration at a property office and the change of ownership in the Cadastre office follow.

Title is held in the same manner as fee simple, or freehold. You receive an EscrituraPública (publicly registered document) and, if buying in a corporation, you will hold bearer shares.

Buying restrictions in Honduras

Foreign investors, as individuals, can only purchase up to three quarters of an acre of Honduran land and must start to build on that land within three years.

There are also restrictions on buying land within 40kms of the coastline or international borders.

You can own more land without these restrictions by forming a Honduran corporation. A Honduran attorney can perform the legal work to create the corporation. By forming this corporation, you are entitled to all the rights of a Honduran citizen regarding ownership of your property.

Finding Property for Sale on Honduras’ Beautiful Bay Islands

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 and other countries in our daily postcard e-letter.

Simply enter your email address below and we’ll send you a FREE REPORT- Island-living at an Affordable Price in Honduras.

This special guide covers covers real estate, retirement and more in Honduras and is yours free when you sign up for our IL postcards below.

Interested in real estate in a different destination? Then check out these similar pages: