Reasons to Buy Property in Roatan

With its powdery white sand and sparkling turquoise waters, it’s easy to see why Roatan, Honduras, has gained tremendous popularity over the past decade.  Recently touted as one of the best places to retire, particularly among island destinations, it attracts the attention of expats and tourists alike.

While terms like “best-kept secret” and sights such as the towering cruise ships in its ports might turn away some skeptical buyers, Roatan isn’t just another cookie-cutter expat destination.  Its heavily-touristed area is counter-balanced with acre after sparsely-populated acre, just a few miles down the road.  It’s accessible and surprisingly affordable.  And buying property is a breeze compared to other locations of its caliber.

RoatanSir Real Estate

So, before you write it off as just another passing trend in a long line of retirement hotspots, here are a few things you might not know about Roatan realestate and one of the great reasons to by property in Roatan.

Affordable Prices

It goes without saying that a Roatan Honduras property will offer any investor great value for their money. In the Caribbean, properties have since in the 90s seen myriads of people achieved their dreams of owning just a piece of the Caribbean. People like coming for vacations and have a peaceful place to retire. In that regard, they invest here as they watch property and realize profits. Today, to own a property in Roatan is pretty affordable as prices have fallen and are bargainable as well.

In case you have a property professional, they will attest to the property pricing decline over the past few years. A professional will furnish you with reliable information about pricing, which will enable you to make an informed purchase of a Roatan investment property. Only ensure that your company for buyer’s representation uses a Comparable Market Analysis, CMA.

For a relatively small island, Roatan offers a lot of options

Roatan is a 37 mile long island that is situated about 35 miles off the northern coast of Honduras.  It’s less than 5 miles across at its widest point, so essentially it’s a long strip of land that’s divided generally into an eastern and a southwestern section.

If you’re looking for a well-developed, densely populated area where you can walk to bars and restaurants, the southwest end of Roatan is for you.  If not, come along with us to the eastern side.  There you’ll find quite the opposite of the tourist-heavy bustle of the west end.

On the less-populated end of the island of Roatan there are fewer paved roads and beaches with not a single other human in sight.  The amenities are fewer, and consequently property prices are much lower.  You can still reach the hotspots on the west end, as well as the airport in Coxen Hole, within an hour or so.  But with the lower cost of living on the east end of the island, you may not even want to.

While there are a few decent-sized cities on the eastern end of the island (such as Oak Ridge, the capital of San Jose Guardiola), almost all of the action on Roatan is to the west.  Cities like Coxen Hole and French Harbour offer services from banks to gyms to modern medical facilities.  The popular West End is home to the great sandy beaches and dive shops that attract tourists from all over.

With direct flights from the U.S. you can be in Roatan in two hours

Speaking of the airport, you can now find direct flights to Roatan from several major U.S. cities, such as Houston, Miami, and Atlanta.  This development has made a tremendous difference in the time it takes to reach this island getaway, as it was once only accessible by local flight or ferry from the mainland.

This new ease of access makes Roatan one of the simplest to reach island destinations in Central America.  And easy access makes for the potential for appreciation.  As more people and businesses flow into the island, the effect on the Roatan real estate market can only hope to benefit.

Once on the island, getting around is fairly simple.  Buses run every 15 minutes between Coxen Hole and West End, during the day.  Another runs every hour to Oak Ridge, stopping at places such as French Harbour and Punta Gorda, which is where the pavement ends.  The roads become increasingly primitive the farther east you go.

You’ll Make Everyone at Home Jealous

Don’t underestimate this one. How cool is it to have your own retreat from the world with complete privacy and control over your entire environment? And buying an island in Honduras will likely cost you less than a nice pied a terre in Manhattan or a flat in Kensington.

About Roatan SIR

Roatan Sotheby’s International Realty (SIR) was founded in 2017 to give our clients a unique level of service that can’t be found elsewhere on the island. For the first time, our sellers will be given the opportunity to leverage the global reach of the Sotheby’s International Realty brand to deliver an unmatched level of results. Roatan SIR will also offer our buyers unrivaled expertise on the local real estate market combined with access to the island’s most exclusive listings and unparalleled customer service. In short, our focus is both local and global, and it is a proven approach to generate results.