Is it safe to buy property in Roatan?
Roatan-Buyers Purchase Process It will be your choice to of Attorney. This Attorney will be provided various documents in order to do a title search to secure your interests in the transaction. Overall the purchase of a property here is relatively easy, safe and secure.
Can foreigners buy property in Roatan?
Foreigners can directly buy property in Roatan, and prices are generally lower than places in Mexico, or elsewhere in the Caribbean. In Honduras, foreigners can purchase up to 3,000 square meters (approximately 0.72 acres) of land within 40 kilometres of the country’s borders or coastlines.
Is Roatan Honduras safe to live?
Roatan is a beautiful island about 40 miles off the coast of Honduras. It is, in fact, much safer than mainland Honduras and feels infinitely safer than the U.S., if for no other reason than the total absence of a gun culture. Further, there is no evidence of significant gang activity or violence on the island.
Is Roatan island expensive to live?
The cost of living on Roatan, for most expats, ranges from $1,500 to $3,000 a month. Long-term monthly rents start at $600 a month. You’ll find a good selection of rental homes and condos priced from $1,000 to $1,500a month in most areas of the island.
What to buy in Roatan, Honduras?
There are several locations in Roatan where you can purchase locally made food or drinks to enjoy during your visit or to take home as gifts. Check out the Roatan Rum Factory on West Bay Road across from the lighthouse. Their locally made rum and rum cakes are incredibly popular items for both locals and tourists alike.
Can foreigners own beach property in Honduras?
Since the year 1990, The Honduran Law granted foreigners rights to purchase property on the Bay Islands and along the north coast of Honduras (mainland), within the first 40 kilometers from the beach line. Get a professional broker, one that knows property value, areas, added value in the years to come, and whose properties have been checked.
What is Roatan, Honduras known for?
Roatan is the largest of the Bay Islands, which are a part of Honduras, lying just over 30 miles from the northern coast of the Honduran mainland. Roatan is known around the world for its scuba diving.