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OWN A PIECE OF PARADISE -- ROATAN

| Published On March 26, 2008
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OWN A PIECE OF PARADISE -- ROATAN

ROATAN – OWN A PIECE OF PARADISE REAL ESTATE:

According to various Internet sources, buying property on Roatan is fairly uncomplicated, with non-resident individuals being able to purchase up to three-quarters of an acre of land. Buying larger lots may require forming a Honduran corporation and all resources recommend hiring a qualified real estate attorney to guide you through this process. Obtaining clear title is an essential ingredient in any purchase of property or land and a local broker or attorney is your best bet in making sure all the documents are collected and prepared as necessary according to Honduran law.

Internet sources also indicate that owner financing is typical, with large downpayments as the usual course of business with owners financing the rest. Interestingly, you do not need to become a resident of Honduras to own property, however you may apply for residency at any time. According to our resources, the application process can be very lengthy and it's highly recommended to hire the services of a local attorney.


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EXAMPLES OF WHAT'S AVAILABLE IN ROATAN

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| |---|---|---| | But Roatan Roatan Property #1 Sandy Bay-Next to Anthony's Key With 1200 s.f., shared dock, more -- $189,000 www.buyroatan.com| Buy Roatan Roatan Property #2 Stunning home in Parrot Tree Plantation 3 beds/2 baths, garage and diving from doorstep! -- $659,000 www.buyroatan.com| Buy Roatan Roatan Property #3 Incredible luxury condos on beach pool, fitness center and more! -- $1.25M www.costatesoro.com|


RESOURCES

Here are some resources to help in learning about buying in Roatan:

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Roatan Real Estate Companies:

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Disclaimer: The information and resources listed here are deemed correct at the time of publishing and are not an endorsement nor do they reflect the opinions of Sport Diver magazine and the PADI Diving Society or Bonnier Corporation. Each individual is responsible for investigating and verifying any information obtained through this or any other website.