Life in Roatan: Neighborhoods and Developments

If you’re considering moving overseas, there are so many considerations to take into account in your planning. Let’s cover some of your Roatan FAQs more in-depth. Today, we’re talking life in Roatan: neighborhoods and developments.

Moving to Roatan can be a life-changing experience for you. Slow down, appreciate the beauty of nature, and explore a whole new world in the Caribbean.

But island life isn’t just a one-size-fits-all experience. You might envision a sprawling sea view from your quiet hillside home, while another person might picture a luxurious condo with plenty of amenities for an island-style retirement.

Life in Roatan: Neighborhoods and Developments

Roatan Neighborhoods and Developments

There are many different areas on the island of Roatan that can be broken into neighborhoods and developments for easier recognition.

First, there are two municipalities on the island: Roatan and Santos Guardiola. The municipality of Roatan is the western half of the island from French Harbour to West Bay. The municipality of Santos Guardiola is the eastern half of the island from First Bight to Old Port Royal.

Within each area, you can find more developed and less developed neighborhoods. But, generally speaking, the eastern half of Roatan is much less developed and more rural than the western half.

There are also many planned developments and communities in Roatan that have grown in recent years. Let’s break some of those down, alongside some of the popular neighborhoods for expats.

Popular Roatan Neighborhoods for Expats

Expats tend to look at several popular neighborhoods in Roatan. Primarily, those popular areas are Sandy Bay, West End, West Bay, Pristine Bay, Palmetto Bay Plantation, Keyhole Bay and several neighborhoods on the East End. Those include Parrot Tree Plantation, First Bight,  Punta Blanca, Calabash Bight,  Camp Bay, Calabash Bight and Politilly Bight, among others.

Within the western half of Roatan, you’ll find many neighborhoods with lots of real estate listings appealing to expats.

If you’re looking for houses in Roatan, take a look at Turrets, Turtle Crossing and Lighthouse Estates in West Bay overlooking the point of Roatan. You can also look at some neighborhoods along West Bay Road, including around Tamarind Drive.

Other neighborhoods with plenty of houses include Mangrove Bight and Gibson Bight, Sandy Bay, and the Lawson Rock community, which includes both condos and houses.

You’ll also find plenty of opportunities for condos or apartments throughout the western half of Roatan. There are many options in West End and along West Bay Beach in particular, in addition to the Lawson Rock community in Sandy Bay.

Developments in Roatan for Expats

Expats also tend to love the many planned developments and communities in Roatan. You can choose from the more luxurious options at Pristine Bay, offering a private beach, clubhouse, and the island’s 18-hole championship golf course.

Or enjoy the location of Lawson Rock in Sandy Bay with its appealing rental market offering snowbirds the perfect combination for an investment. These condo units especially frequently rent well as vacation homes, so you can come enjoy paradise for a few months each year, and then allow a property management company to facilitate the rentals throughout the rest of the calendar.

Keyhole Bay, just up the road from West Bay Beach, is another luxury opportunity for a quiet retreat from the crowds. Sunset Villas in West End is an incredibly popular neighborhood offering both residents and visitors walking access to all of the bars, restaurants, and activities of this vibrant community.

Parrot Tree Plantation and Palmetto Bay Plantation offer a variety of home options and are both centrally located for easy access to commercial French Harbour, including the brand new hospital based at Mega Plaza. They both enjoy great convenience while staying far off the main road and the tourist crowds.

There are other neighborhood developments with amenities, like Turtle Crossing and Lighthouse Estates in West Bay, that enjoy community pools and landscaping, in addition to security and utility set-up.

Where Should You Live in Roatan?

Your own situation is unique, so only you can decide what’s best in terms of location. But you should certainly consider several important questions.

Do you need to work or are you retired? If you require work and are seeking employment, you’ll need to consider the availability of jobs in reference to homes.

While Roatan is not a large island, the single main road is narrow and winding and can be very congested when cruise ships are in port. Commuting long distances is not ideal.

If you can work from home, then you probably need to just consider your access to reliable internet. Ask around and test speeds before committing to a lease. If you’re building or buying real estate, you can ask neighbors which company they use.

Then again, maybe you’re coming to Roatan to pursue a new opportunity as an entrepreneur! Take a look at our available commercial land and properties for ideas.

If you want to walk to restaurants, bars, shops, or activities, you should look at developments, or at the far western side of the island.

Living on the East End absolutely requires a vehicle, as the public transport is not as readily available without the high tourist volume the western side receives.

These are all considerations to take into account when choosing neighborhoods and developments in Roatan. The lifestyle you want will determine your search starting point, but you might have to compromise based on your specific circumstances.

Family Life in Roatan

If you’re moving to Roatan with your family, it’s also vitally important to consider everyone’s needs for daily life.

Schools, activities, job opportunities, and access to commercial areas are all considerations you should remember while looking at real estate opportunities.

There are many more schools available – especially bilingual private schools – on the western side of Roatan. French Harbour, Coxen Hole, and Sandy Bay all offer opportunities for expat kids.

There are plenty of activities for kids, too, from sports to arts to all the amazing water-based activities of island life. Check out programs offered by the SOL International Foundation to get an idea of community opportunities.

We’ll delve more into this and other considerations throughout my Life in Roatan series.

Be sure to check out the rest of my blog for more insights into real estate in Roatan, and never hesitate to reach out with any questions!

Land and Homes for Sale in Roatan

This month, I’m highlighting a few homes and a few lots that I think are excellent opportunities right now. All land and homes for sale in Roatan can always be viewed on the Roatan MLS. You can search all listings or limit your search results by selecting specific criteria.

Land for Sale in Roatan

These three lots each offer something special for the right owner. If you’ve been dreaming of building your own island home for a while, there’s no better time than the present to start making those dreams come true.

Roatan MLS 17-413

Barefoot Cay Resort is now offering home sites in the Barefoot Marina Village. This ocean-view lot boasts 0.22 acres framed by palm trees. Enjoy all the incredible amenities of the Barefoot Cay Resort community, including an on-site dive shop, restaurant/bar, gift shop, spa, pools, and some of Roatan’s best snorkeling and dive sites just offshore. This lot is listed at just $119,000.  ROATAN MLS 17-413

 

Located in the very popular West Bay neighborhood of Lighthouse Estates, this 0.24-acre lot offers a gentle slope and beach access, with low HOA fees to cover community costs. With world-famous West Bay Beach just a few minutes’ walk away, this quiet community enjoys convenience without the crowds. Take a look at this lot listed at only $219,777. ROATAN MLS 15-260

 

Roatan MLS 17-41

Adjacent to the popular Lighthouse Estates neighborhood is the equally desirable Turtle Crossing neighborhood. This lot offers its own private keyhole – a rare opportunity for this popular part of the island! This lot is not part of the HOA, but the opportunity to join is available. At 0.46 acres with its own keyhole, this lot will not stay on the market long! Have a look for yourself – it’s listed at only $289,000. ROATAN MLS 17-41

Homes for Sale in Roatan

These three homes for sale each offer you the chance to make island life your dream come true. Take a look at these options all listed under $300,000.

Roatan MLS 17-248

Sonrisa del Sol is a 2-bedroom/2.5-bathroom home in the beautiful area of French Cay. Located right on the water, this home comes with its own boathouse and dock, plus a large storage building that could offer additional profits. A separate studio apartment offers rental opportunities as well. This home is listed at only $259,000. ROATAN MLS 17-248

 

Roatan MLS 17-365

Palmetto Bay B-18 is a Balinese-style villa in the desirable Palmetto Bay Plantation neighborhood. Community amenities offer additional appeal, including a large stretch of beach, beautiful pool, on-site restaurant, and 24-hour security. This 3-bedroom/2-bathroom home is listed at only $269,000. ROATAN MLS 17-365

 

Roatan MLS 17-226

Villa Ana Sea Garden is a 4-bedroom/3-bathroom beauty in a fabulous location. Situated next to the tranquil Carambola Gardens just minutes from vibrant West End Village, this home is ideal for your new island lifestyle. As a duplex with two fully rentable units, you can choose to rent both or live in one while enjoying the income opportunity of renting the other. This perfectly positioned home is listed at just $287,500. ROATAN MLS 17-226

What do you think? Is your dream opportunity listed here? Get in touch and let me know what you’re looking for and let’s see if we can make your island real estate dreams come true.

A Caribbean Island Safe From Hurricanes

The hurricane season has been particularly harsh in 2017. It’s been awful to see the destruction of these storms rolling through the Eastern Caribbean islands and up into the southeastern United States. We are so lucky that Roatan is a Caribbean island safe from hurricanes.

I get this question a lot generally, but especially lately, given all the news surrounding Hurricane Irma and Hurricane Maria. Both were devastating to so many other Caribbean islands.

If you are willing and able, I encourage you to donate to the many amazing organizations working hard to help these islanders recover from the damages.

Given our location, we’re fairly safe from direct hurricane hits here in Roatan. While that doesn’t mean we never get hit or that we never have to worry, we are very lucky and are one of very few Caribbean islands generally safe from the annual hurricane season.

Why is Roatan Safe From Hurricanes?Why is Roatan safe from hurricanes

Roatan is located in the western Caribbean, just off the northern coast of Honduras. This location offers us protection from the main hurricane belt of the Eastern Caribbean.

Typical hurricanes develop and strengthen in the Atlantic Ocean and head west toward the Caribbean islands and the southeastern United States. Occasionally those same hurricanes come as far west and south as the Yucatan Peninsula in Mexico. More often, they hit Florida – well north of Roatan island.

Roatan occasionally gets the outskirts of a hurricane or tropical storm, with some rain and wind causing a little bit of bad weather for us. But, luckily, it is very rare that a hurricane directly hits Roatan.

Our most protective feature, however, is our fringing barrier reef. The Mesoamerican Barrier Reef is the second-largest in the world and protects our island from most damage. We are very lucky in that respect, especially since surge waters are typically the most deadly aspect of a hurricane.

A Caribbean Island Safe From HurricanesA caribbean Island safe from hurricanes Roatan Bay Islands

Roatan is safe from hurricanes on a general basis. The last major direct hit that Honduras suffered was Hurricane Mitch in 1998. Statistically, hurricanes hit Honduras directly once every 25 years or so. That allows us the liberty of breathing easier throughout every hurricane season.

While other Caribbean islands have to worry every summer into autumn, we tend not to notice too many weather changes this far west. The only hurricanes we keep a very close watch for are those forming off the north coast of South America.

When those do form, we are still pretty lucky, as they tend not to come to our island directly.

The mainland can get a harder hit, but then once a hurricane goes over land for an extended period of time, it loses strength and tends to fade.

Is Hurricane Insurance Necessary in Roatan?Is hurricane insurance necessary in Roatan

This is a common question I get as a follow-up to the general hurricane preparedness of our island.

Again, generally speaking, Roatan is a fairly safe Caribbean island in terms of hurricane damage.

However, that doesn’t mean that you should just ignore the potential of a storm hitting our island.

If you’re building a home in Roatan, I always recommend that you work with a local architect and builder to maximize your use of the local environment and to ensure your preparedness for all types of weather. That’s of vital importance

In terms of insurance requirements and recommendations, your home location and building type will determine the types of insurance you might need. Flood insurance is obviously more likely for waterfront homes than for hilltop homes.

General comprehensive plans might include hurricane insurance, but be sure to check for yourself. On a case-by-case basis, you can look into your options and needs.

No insurance is compulsory in Honduras, but it’s a good idea to be prepared and to have your own coverage.

I’m always happy to advise based on your specific situation.

Feel free to reach out anytime to ask me more about life in Roatan. I’m happy to talk real estate, moving to the island, and the logistics of life in paradise.

Moving to a Caribbean Island

Moving to a Caribbean island sounds like a far-fetched idea to some – but to those of us who feel called to the islands, it’s only a matter of time. We love the rhythm of life here, the sunshine, and the salty breeze. Moving to the Caribbean is the best decision for so many of us!

Moving to a Caribbean Island

Moving to a Caribbean island is probably easier than you think! The toughest part is choosing which island to move to…

The island of Roatan is the largest of the Bay Islands of Honduras. With direct flights to the U.S. and Canada, you don’t have to worry about taking those tiny island hopper planes to reach this paradise.

We enjoy a wonderful, eclectic mix of residents in Roatan, with people from all over the world calling this particular island “home.”

If you’ve been thinking about moving to a Caribbean island, moving to Roatan is certainly an easy option. Retirees enjoy a fabulous lifestyle filled with outdoor social activities and a low cost of living.

There are opportunities for entrepreneurs and highly qualified people are always needed to boost the growing industries on this island, especially in tourism, education, and medicine.

Moving to this Caribbean island is an opportunity just waiting to be seized!

Move to Roatan in the CaribbeanBuy Roatan Island Real Estate

Roatan is frequently called the Gem of the Caribbean for its lush green jungle covering the hilly terrain leading to the turquoise Caribbean Sea below.

Powder soft white sandy beaches and dramatic black iron shore (fossilized coral) lines the coastline, with the world’s second-largest barrier reef just off shore – close enough to swim!

Snorkeling and scuba diving have long been popular in Roatan, but outdoor sports of all variety are available for your enjoyment. From kite surfing to paddleboarding, kayaking to beach volleyball, baseball to parasailing…Roatan has something for everyone in this natural playground!

Roatan is also a well-established expat destination, with expats from all around the world moving to this Caribbean island for a better lifestyle by the sea. With a relatively low cost of living and continuous upward growth, Roatan is regularly hailed as a premier destination for both tourists and expats.

Make it Happen

If you’ve been dreaming of moving to a Caribbean island, now is the time. Just do it. You have to make your own dreams come true and there’s no better time than the present!

Yes, there are logistics involved and family to consider and holidays you’ll miss. There are jobs and pensions and investments to worry about. Of course!

But, at the end of the day, if you’re dreaming of living a different life in the tropics, only you can make it happen. Go for it!

What do you think? Are you ready to move to a Caribbean island? I have so many amazing real estate opportunities to share – regardless of your budget. Get in touch and let’s talk about seriously making this happen.

It’s your life. If you want to live it in the tropics on the beach, make it happen!

Roatan Real Estate Information for Buyers

We’ve covered the costs for sellers in Roatan, so now let’s turn to buying. Here’s some Roatan real estate information for buyers so you feel prepared for the journey ahead…the journey that ends with your Caribbean island home dream coming true!

Roatan Real Estate Information for BuyersRoatan Realtor Jorge Chavez on Roatan

The first things to consider when buying real estate overseas are the legal questions. Can you purchase land or real estate as a foreigner? Do you require residency? What legal implications are there?

In Honduras, foreigners are able to purchase up to 3,000 square meters (approximately 0.72 acres) of land within 40 kilometers of the country’s borders or coastlines. That makes it easy in Roatan since you’re never that far from the sea!

If you want to purchase a property that exceeds the size limitation, you will have to form a Honduran corporation in order to do so. It’s not a complicated process and I’m happy to connect you with a reputable attorney to discuss your options.

Obtaining Honduran Residency

When it comes to buying real estate in Roatan, you have a few options to consider with residency. If you intend to reside here full-time, then obtaining your Honduran residency is obviously recommended.

If you are purchasing Roatan real estate for a second home or vacation home, then you might not require residency.

If you hold a Canadian, US, or EU-member country passport, you’re likely to be allowed to visit Honduras on a tourist visa for up to 90 days at a time. You won’t need to apply for the visa in advance; it will simply be issued upon arrival.

If your goal is to buy Roatan real estate to spend your winters here as a snowbird, then you can easily plan to spend three of those cold winter months in paradise instead.

If, however, you want to move here as a primary residence, you should apply for your Honduran residency right away. I’m happy to help you connect with the right local attorney to facilitate that process.

About Roatan Real Estate

Roatan is fairly unique in the region in that we have a Multiple Listing Service (MLS), which allows all potential buyers the chance to peruse all available inventory.

Because of this online real estate search system, you can be in the comfort of your current home while scanning all the options here in paradise. It makes it so much easier for you to find your perfect dream home!

After you find that dream home, and after we’ve negotiated the price with the seller, I will get you an exact closing cost quote from the attorney of your choice.

In Roatan, buyers pay all closing costs and sellers pay capital gains and commissions. Closing costs and any corporation formation costs are all paid at closing.

Once everyone approves the contract, you’ll have up to 10 working days to wire the 10% earnest money deposit to my escrow account. After you wire that earnest money, and as long as the seller meets all contingencies and terms of the contract, if you back out from the sale you will lose your earnest money deposit.

So let’s make sure you definitely want that property!

While you wait for the closing, I’ll assist the attorneys in getting the catastral certification – or the satellite registered plot – as well as an updated survey, the paid tax receipts, title documents, etc., to complete the closing.

At least a week before closing, you’ll need to wire the final funds, including the attorney fees.

The closing is done after the attorney completes the title opinion search, confirming that the land has a valid title with no unanswered questions. If there are any issues on the seller’s side with the paperwork, they must be resolved to the attorney’s satisfaction.

A final important consideration is in regards to estate planning. With your investment undoubtedly being in another country from your relatives and heirs, you’ll want to make sure your legal considerations are all handled.

Roatan Real Estate Financial Information

As a property owner in Honduras, It’s important to note the financial obligations you’ll have. You’ll need an RTN Number (Registro Tributario Nacional or Tax Filing Number) to do any business or legal transactions in Honduras, including the purchase of property.

Again, I’m always available to help to ensure all your legal obligations are met during the buying process.

Another financial obligation is your property taxes, which are quite low here in Honduras. Generally speaking, you can estimate around $4 per $1,000 of property value per year for taxes. That property value is determined by the deeded value cost or the catastral value, whichever is greater. The catastral value is what the municipal declares the property to be worth.

Those property taxes are paid annually in August at the municipal offices in Oakridge or in Coxen Hole. You can get a discount if you pay your property taxes in the first quarter of the year.

Don’t forget about Capital Gains Taxes as you consider your real estate purchase in Roatan!

Another consideration is customs duties, which are typically around 40%, so calculate that into your costs if you wish to ship large items from home.

Finally, financing in Roatan might be different than what you’re used to back home. Roatan banks don’t usually make loans to non-residents, and North American banks don’t usually make loans on foreign properties.

What tends to happen in Roatan is that buyers will take a second mortgage back home, or they’ll buy a property in full in Roatan after the sale of property back home.

Only you can know your financial situation, but I am more than happy to advise based on common practices in Roatan. Feel free to contact me any time.

If you’re ready to invest in your Caribbean island dream home, take a look at available properties on the Roatan MLS, or just get in touch and tell me your wish list. Let’s make that dream a reality!

 

Roatan Real Estate Available Now

I love to highlight some of the best opportunities available on the Roatan MLS – just in case you aren’t checking it religiously like some of us do! I picked out three great home options and three land options for Roatan real estate available now.

Let’s have a look!

1-Bedroom Condo at Parrot Tree: $110,000Roatan Real Estate Condo for sale

Take a look at this affordable beachfront condo in one of Roatan´s most exclusive resorts! A large beach-view studio on the second floor that catches the tropical breezes, also only steps away from the private resort pool.

Completely turnkey – all you need is your bathing suit to enjoy your Caribbean home away from home!

0.61 acres in Lawson Rock: $95,000Roatan Land available

This home site is located in one of the top communities on the island: prestigious Lawson Rock. The home site is ideally located just steps away from the community beach. Large estate-sized at 0.61 acres, this site is located in the development’s first phase.

Lawson Rock is the perfect island location, just 5 minutes away from the airport/shopping and only a short drive to the many restaurants and activities of popular West End.

This lot is ready to build with paved concrete road, underground utilities, and all you would expect in a prestigious community.

3-Bedroom House in Seadancer: $295,000Roatan Home for sale

PRICE DROP! Looking for the perfect beach house? This beautiful island-style home is just steps from the sand. This 2-bedroom/2-bathroom home includes a large porch, pool, and backyard. There is also a 1-bedroom/1-bathroom apartment that is perfect for guest or rentals.

Located in the tranquil community of Seadancer, you’re just minutes away from Coxen Hole with the airport and shopping options, and only 15 minutes from popular West End with all of its fun amenities. 

2-Bedroom Home in Pristine Bay: $450,000Pristine Bay Roatan Villa

Overlooking the turquoise waters of Roatan’s north coast and the greens of the Black Pearl Golf Course is a corner villa with 2 bedrooms and 2 bathrooms.

Both bedrooms and the great room have large sliding glass doors to showcase the view, leading out to the patio with a private infinity swimming pool.

The home comes fully furnished and is ready for immediate occupancy or to be placed in the rental program.

Pristine Bay offers amenities sought by investors looking for upscale Caribbean living. A private beach, an expansive private Beach Club, an enormous infinity pool and kid’s splash park, restaurants, and tennis and golf pro shop are all available.

Golf enthusiasts will enjoy playing the Pete Dye-designed Black Pearl 18-hole championship golf course. Comprehensive property management is available making ownership of Villa 1201 worry-free. 

0.66 acres in Sandy Bay: $86,000Ocean view property in Roatan

This convenient and accessible lot is perfect for those wanting to build a home close to beaches, nightlife, restaurants, and dive shops. Fabulous ocean view, mesmerizing Caribbean sunsets, and a constant breeze make this lot idyllic.

This is an ideal building lot on 0.68 acres with a gentle, sloping hillside. There is a nearby home site with electrical pole and water.

0.17 acres in West Bay: $115,000Roatan West bay property

This site offers excellent value and an amazing location. Just 245 steps to a white sandy community beach and only 480 steps to Roatan´s most visited and preferred beach on the island: West Bay Beach.

Enjoy a variety of entertainment options, view spectacular Caribbean sunsets every evening, swim the crystal clear waters, and snorkel or dive along Roatan’s coral reef.

Beyond the natural beauty and playground of your own neighborhood, West Bay Beach offers many more activities just around the corner.

This 0.17-acre lot features a paved road and underground utilities. For its location and the price, this is a deal that won’t last long!

If any of the Roatan real estate available now intrigues you, get in touch and let’s chat about your options. I’m always happy to answer any questions you may have about buying real estate in Roatan.

How to Move to Roatan Island

The idea of moving to a tropical island sounds like a dream come true! But, of course, there are plenty of logistics to worry about with any sort of house move. Here are some important tips on how to move to Roatan island, with insights specific to our beautiful slice of paradise in the Caribbean.

How to move to  Roatan IslandHow to Move to Roatan Island

Roatan enjoys excellent connections with the U.S. and Canada via direct international flights. This makes your journey much easier than it could be for such a small island!

We also have many options for cargo to be shipped from the U.S. or elsewhere in Central America.

If you’re moving here full-time without keeping a home or storage unit back home, then it’s especially important to consider your packing and shipping options. The best thing to do whenever you move home is to minimize – you don’t want to just take everything without considering its value in your new home.

Shipping Items to Roatan

There are several notable shipping options for sending your belongings to Roatan. A few you might recognize, while others are Honduran-based companies.

DHL and FedEx deliver to Roatan, with an office across the street from the international airport collecting and holding items for pick-up. This option is best for small shipments, like small Amazon deliveries or important paperwork.

Island Shipping and Dip Shipping are two other popular options for shipping items to Roatan. Both of these are local companies that offer excellent service for crates and pallets to be brought to Roatan.

Carefully consider what you might actually need versus just shipping your whole home. Remember that this is a tropical island, likely meaning a different climate from what you’re used to experiencing. That affects what you need to bring as well.

For example, electronics will deteriorate more quickly in salt air, so if you’re moving to a beachfront home you want to consider the types of electronics you might import. If there’s no way to repair any issues in Roatan, is it worthwhile?

If you have questions about shipping certain items to Roatan, feel free to contact me anytime!

Packing to Move to Roatan Island

If you’re bringing most of your belongings with you on the plane, it’s important to pack carefully. You can check in several pieces of luggage, but you’ll want to ensure that what you’re paying to bring is worthwhile.

Remember that we do have plenty of options for shopping on the island, plus easy access to the mainland for other items. You aren’t moving to the middle of nowhere with zero options to replace or buy new clothing.

Remember also that Roatan is a rather casual island. You don’t need to bring all your black tie formalwear here! Flip-flops and casual summer attire are absolutely appropriate year-round.

You’ll want a waterproof jacket with a hood for rainy season, along with some cold-weather clothes. You’ll be surprised, but once you live here for a little while, even 70 degrees Fahrenheit (21 Celsius) will make you shiver!

Pack what you need, but know that your lifestyle here will be different than back home. You’ll be outdoors more often than in front of the TV and you’ll be spending time with friends regularly. It’s the island lifestyle we all love!

Do you want some more tips for moving to Roatan? Be sure to check out the rest of my blog with tips for potential expats in Roatan. You can also reach out anytime with questions – I’m more than happy to help!

Roatan Real Estate Seller Closing Costs

Roatan Casa Sol y Mar

Roatan Casa Sol y Mar

A common question I receive is in regards to seller closing costs in Roatan. It can be hard to navigate a foreign system and bureaucracy, so I thought it might help to pull together all of the Roatan real estate seller closing costs here.

If you’re considering selling your Roatan real estate, take a look through this list to be sure you’re prepared.

You can also check out my thoughts on why I’m the best realtor for selling your Roatan real estate.

And never hesitate to reach out and ask me questions directly – I’m always happy to help!

Roatan Real Estate Seller Closing Costs 

The following is an outline of what you can expect to pay when selling your Roatan real estate:

Real Estate commission: The standard commission amongst all Roatan real estate companies in the Roatan Realtors Association is 10%.

Capital Gains Taxes: If your property has proven any gain, taxes are set at 4%.

Survey: A survey of your property will usually cost between $250 and $300.

Catastral: Catastral is the deeded value according to the municipal government. You will pay usually between $50 and $80.

National Taxes: The Honduran National Government Tax Agency (CPAT) levies taxes related to the sale of real estate property up to 15%. The total taxable amount can vary based on the real estate company or agent you work with, so it’s best to clarify these exact costs up front. At RE/MAX, we charge from escrow, and only 20% of the total commission is taxable based on the final breakdown. Feel free to contact me directly if you want further clarification on this point.

RTN (Registro Tributario Nacional): Your RTN is your personal tax ID number in Honduras. If a new RTN card is needed, that price is between $100 and $200 to obtain it.

Attorney Fees: The attorney who calculates the capital gains will charge between $200 and $250.

Wire Fees: Outgoing wire fees are usually $45 per transfer.

POA (Power of Attorney): If you cannot attend your closing and instead use your Power of Attorney to process all closing documents, this usually costs $250. 

HOA (Home Owners Association): All current year fees must be accounted for, with costs prorated between the buyer and seller. These will obviously vary based on your home location and annual fees.

Other Considerations for Selling Roatan Real Estate

When selling your real estate, it’s not only the numbers that matter. Especially when looking at foreign-owned property, there are many other considerations to take into account.

For example, if you’re leaving the island and moving out of the country, you’ll need to consider the timing of selling your property and moving on. While you can provide Power of Attorney if you can’t attend the closing, that’s something you need to consider in your total selling costs.

If you do choose to attend after leaving, add in the expenses associated with travel to the island, accommodations, food, etc, all while you’re here.

You could also consider the idea of renting your property as a vacation rental, if that’s feasible for you. Vacation rental properties are incredibly popular in Roatan and could prove to be a solid investment.

Ask me for further advice; I will be perfectly honest about your specific situation and will try to help guide you in the best direction.

All the Best Annual Events in Roatan

Annual Events in Roatan

Annual Events in Roatan

There certainly is no wrong time of year to visit the island of Roatan! We celebrate so many fun annual events and we love to share those times with visitors. Whatever your vacation plans entail, here are all the best annual events in Roatan that you might want to plan your visit around – whether to enjoy the festivities or avoid them for smaller crowds!

Spring Annual Events in Roatan

One of my favorite annual events, the Music Festival for the Angels happens every March. This outdoor jamfest benefits two wonderful organizations here in Roatan: the SOL International Foundation and Clinica Esperanza.

Clinica Esperanza provides vital medical care to our island’s residents. You can donate to Clinica Esperanza throughout the year via their website. There is also a list of in-kind donations they regularly need, so make a little space in your suitcase and bring some supplies to Roatan!

If you’re from Canada, be sure to contact Not Just Tourists before you leave to see if they have any medical equipment heading to Roatan. You can help deliver it by just checking in an extra suitcase for your flight. It’s that easy!

Another major annual event in Roatan is Semana Santa, or Easter Week. While the dates vary each year, Semana Santa is a week of fun in the sun! Tourists from all over Central America flock to our beautiful islands as schools and businesses tend to close for much of Holy Week.

Lots of North Americans have time off during that time as well, so it’s a busy – but electric – time for Roatan! Large cruise ship crowds add to the large Semana Santa crowds, so it’s a common time for expats and other Roatan residents to avoid West Bay Beach and West End altogether.

But if you’re ready for a party atmosphere and some great people-watching, this could become your favorite week of the year!

Summer Annual Events in Roatan

Come June, Roatan enjoys the annual SOL International Foundation Dive Shop Olympics. West End and West Bay both become a playground for all sorts of fun competitions, all to raise money for the fabulous SOL Foundation.

You’ll see street hockey tournaments and three-legged bar crawls, beach volleyball matches and basura boat races (basura means trash in Spanish…you can imagine the creativity that goes into this one!).

The SOL Foundation is a fantastic part of our community in Roatan, so please support them whenever you visit our beautiful islands. You can donate throughout the year to the wonderful work of the SOL International Foundation through their website.

Another popular Spring/Summer event is the Caribbean Cup Freediving Competition. It is typically held at the end of May each year, but Roatan will host this international competition in August 2017, in conjunction with the 2017 AIDA Freediving World Championship in Roatan.

Hosting the World Championship is a huge honor for Roatan and just shows how important the sport is for our island. The annual Caribbean Cup has become so popular that the two events will coincide in August for an international event of incredible scope.

Autumn Annual Events in Roatan

The ever-popular Roatan International Fishing Tournament is held in September each year, during the week of Honduran Independence Day (September 15th).

The Fishing Tournament is a fun atmosphere for all, with an almost Carnival atmosphere in West End and many visitors coming from all around the world to compete and enjoy the island life.

Whether you fish or not, you’ll love the celebratory feel of this week in September. During this otherwise quieter time for the island, the Fishing Tournament offers us a fun distraction!

Also in September, the annual Sundae by the Sea event raises money to benefit Clinica Esperanza. Unfortunately, this year’s event is currently postponed with no definite rescheduled date yet. Hopefully this is just a short-term delay for such a fantastic fundraising event!

Winter Annual Events in Roatan

A new event on the annual calendar is the Roatan Humane Society’s Annual Fur Ball held in January. This is one of very few times that Roatan residents will don their finest for an evening of glamor and fundraising for the island’s stray animal population. After three successful years in a row, I hope this one continues for many more to come!

Winter is also the busy season for Roatan as snowbirds join us for several months to escape the snow. More cruise ships arrive in the winter than other times throughout the year, so just keep this in mind for your planning.

If you want some wintertime sunshine, then you’re sure to find it in Roatan! But if you’d prefer to avoid all the crowds, consider staying farther from the tourist hotspots or consider coming at a different time of year.

Winter is also our rainy season! Don’t forget that all that lush tropical jungle we love has to be properly watered. Rainy season isn’t like monsoon season, but there are still plenty of days with rainfall between October and March.

Storms are also more likely, although we are luckily outside of the main hurricane belt of the Eastern Caribbean.

And, don’t forget, this is also the holiday season in Roatan! We love to celebrate by supporting each other in the community and giving back where we can. We would love for you to join us in these endeavors.

Best Annual Events in Roatan

My favorite annual events are the ones that bring people together for happy memories and good causes. The Music Festival for the Angels is an all-time favorite that I highly recommend everyone enjoy.

One of the charities that benefits from the music festival is the SOL International Foundation, whose summer Olympics event is always a favorite for anyone in West End or West Bay especially. There’s bound to be something fun and entertaining going on throughout that competition, so just ask around while you’re here!

The fishing tournament and the freediving tournament bring people from all over the world to our little island, so even if you don’t care about the actual activities, it’s a fun environment to have such a variety of people gathering together to enjoy a common interest.

Whatever events are your favorites, be sure to schedule your visit to check them all out! And remember that many of these events are fundraisers to support our community and to ensure that everyone benefits from the increasing popularity of Roatan.

If you have questions about your visit or about moving to Roatan, contact me anytime! I love this island life and I love to share it with others.

Americans in Roatan

Roatan has become a very popular spot for both expats and tourists coming from North America. Canadians and Americans especially love the convenience of reaching this Caribbean island directly. There are many Americans in Roatan who live here part-time or full-time. If that’s something that you’re considering, let’s look at the logistics involved in moving to Roatan as an American.

Photography Roatan.Online

Photography Roatan.Online

Expat Americans in Roatan

Americans who move to Roatan tend to fall into a few different categories. Many move here full-time to enjoy an active, outdoor retirement.

As a retiree, life in Roatan can be pure bliss. You’ll stay active with plenty of outdoor fun to enjoy, plus there are always social activities and volunteer opportunities available for you to explore.

Another group of Americans in Roatan are the workers. They’re the professional scuba divers and the bartenders; they’re the teachers and the real estate agents. This group moves to Roatan for a better lifestyle in a better climate.

And then there are the snowbird Americans in Roatan. They come for three months during the winter to escape the cold back home while enjoying the comfortable tropical climate of the Caribbean.

American tourists are allowed to stay in Honduras for up to 120 days total without requiring a visa, so snowbirds enjoy the ease of travel as well. I’ll go more into that below.

Finally, there are the transient Americans in Roatan. This is a large contingent for various reasons. Many of the working Americans who come here look at Roatan as merely a stop along their journey. They might work here for a year or two, and then they’ll move on to another place to work there for a while, and so on.

This group will rent a long-term apartment and you’ll usually hear their scooters coming from a mile away because they’re old and have been passed through the ranks of transient visitors.

Americans Visit RoatanAmerican Visit Roatan

American tourists are another huge component of the fabric of Roatan. Since the cruise industry invested in two ports on the island, the number of annual tourists arriving has increased dramatically.

Add to that the increased airlift from more U.S. cities and it’s easy to see why Roatan is gaining popularity for American tourists . It’s easy to get here, it’s easy to love this island, and it’s easy to make this a new favorite annual vacation destination!

American tourists in Roatan find the island familiar enough to feel comfortable. English is spoken by everyone, U.S. dollars are accepted everywhere, and driving is on the right-hand side of the road.

It’s pure paradise without any hassles!

How to Move to Roatan as an American

If you’re considering moving to Roatan and you’re from the U.S., you’re lucky in having a variety of options available to you.

First, you should consider the length of time you intend to live in Roatan.

If you’re thinking of snowbirding here, coming for just the winter months and enjoying the tropical climate, then you might not require residency at all.

American tourists receive a tourist visa upon arrival in Honduras. That allows you to stay in the country for up to 90 days.

You can request a 30-day extension before your visa expires to maximize your time at 4 months total. The immigration office in Coxen Hole can assist you with the extension.

If you’re coming as a snowbird, you can visit as a tourist. The only reason you might require residency is if you want to purchase real estate and your acreage exceeds the limits for a foreigner (more than 0.72 acres).

If you’re retired and want to move to Roatan permanently, Americans can apply for the pensionado visa. You must meet the monthly income threshold and adhere to government regulations for the application and renewal processes.

The pensionado visa comes with some extra perks, too! You can import a vehicle and a container of personal items duty-free. Keep in mind when importing a vehicle that local mechanics might not be familiar with your make and model.

If you can’t buy replacement parts or get them appropriately handled, it could be more of a burden to keep your car here.

For all types of residency and legal questions, a local Honduran attorney is necessary. There are many reputable attorneys in Roatan who are all bilingual and can assist in all necessary applications.

I’m more than happy to recommend one to you based on your specific needs.

American Buying Real Estate in RoatanAmericans Buying Real Estate in Roatan

Foreigners are allowed to purchase real estate in Roatan without requiring residency status. You can purchase up to 0.72 acres in a single purchase, so most homes and lots won’t pose a problem at all.

If you do want to purchase a larger tract of land or multiple properties as an investment, you can create a corporation to do so. Your corporation will hold the property as a Honduran entity.

If you start a corporation, you can then apply for residency as well, making it easier for you to stay as long as you want and to work if you need to do so.

You can peruse the Roatan MLS (Multiple Listing Service) to see the wide variety of real estate opportunities available in Roatan.

Whether you’re looking for a condo, a villa, or a commercial property, I’m sure we can find the perfect opportunity for you.

And, if not, there are plenty of lots available where you can build your own dream home or business!

Do you have any questions about what life is like for Americans in Roatan? Feel free to reach out anytime! I’m always happy to help.