Accessible both financially and easy to get there Roatan is often rated as on of the top investment and retirement destinations in the caribbean and the Latin tropics. On a local level Roatan is an established mature market. However Roatan is a large island, most of it is still not developed. So both land and homes are still affordable.
The expat real estate activity in Honduras is concentrated in the Bay Islands. With its location, the islands are relatively safe and secure. The three mains islands are Roatan, Utila and Guanaja. Most of the buyers are americans and canadians mixed with some europeeans and hondureños looking for a holiday home in a paradisiacal setting.
Roatan real estate MLS database
The best kept secret of Roatan real estate is it’s MLS database. It allows you to search for a house, condominium or a plot of land. It’s an excellent tool to get an idea of what the cost of buying a home on Roatan is. And you can locate the property you are looking for and get in touch with the real estate agent.
Areas to consider when buying real estate on Roatan
The most populous town of the island is Coxen Hole. It’s the capital of Roatán municipality, located in the southwest. Most businesses located on Roatan will have their office here.
West of Coxen Hole are the settlements of Gravel Bay, Flowers Bay and Pensacola on the south coast, and Sandy Bay, West End and West Bay on the north coast. To the east of Coxen Hole are the settlements of Mount Pleasant, French Harbour, Parrot Tree, Jonesville and Oakridge on the south coast, and Punta Gorda on the north coast.
Roatan real estate tips
VivaTropical has many great articles about buying real estate on Roatan. Have a look at their 5 things you need to know about Roatan real estate. Please note that the owners of that site has their own project in Panama so they are obviously pushing Panama.
This is an old video, the real estate agent don’t even live on Roatan any more. But his videos are very helpfull for learning about buying property in Roatan and the market on the Bay Islands.