Roatan Real Estate Report 2015

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Photography by Devon Stephens Roatan MLS #15-536

Roatan saw incredible change in 2015, which gives us reason to believe that 2016 will be a huge year for the island. In terms of real estate, 2015 was the first rapid growth year since before the worldwide recession and resulting recovery. Home sales saw a huge increase, and construction continues, offering even more inventory throughout the island.

But it’s not just the real estate market in 2015 that has us all optimistic about next year. Roatan saw many changes this year that have helped to increase the island’s popularity among tourists. Let’s take a look at what happened in 2015 that has us all buzzing.

Roatan had a continued high number of cruise ships visiting the island in 2015, and has scheduled its highest number of ships and visitors ever for 2016. With Carnival Corporation and Royal Caribbean Cruise Lines invested in two different ports on the island, there is no indication that this interest will be slowing down any time soon.

Roatan’s international airport added yet another direct international flight through IBC Airways in December 2015 and also started talks with Southwest Airlines for possible service beginning in 2016. Roatan has been put on the map by many more people in the travel industry, which is a great indicator for continued growth.

Roatan was named the #3 island in the world in the 2015 TripAdvisor Travelers’ Choice Awards. Being voted #3 in the entire world is a huge honor for Roatan. But then again, those of us who live here already knew how great it was!

West Bay, Roatan, was named one of the best up-and-coming beachfront retirement communities by International Living in their December 2015 magazine. International Living also devoted much more coverage to Roatan as a desirable retirement destination throughout the year, also bringing a lot of attention to the number of business opportunities the island offers in their Incomes Abroad monthly newsletter.

As Roatan continues to grow in popularity as one of the Caribbean’s leading destinations, property prices will rise in response. The island has seen steady, slow growth with the introduction of two cruise ship ports and the international airport bringing visitors to the island conveniently and quickly.

But we are obviously on the brink of something big. While we have seen increasing interest for years, it was in 2015 that we all noticed just how popular Roatan has become on the international travel scene.

We are already seeing increased bookings for vacationers in 2016 from previous years’ numbers. Businesses all over the island are seeing an increase in correspondence with upcoming visitors.

Roatan is on the map

There will not be a better time to buy property in Roatan. Now is the final moment where popularity and prices are merging, before prices start going up and staying up

Don’t believe me? Take a look at all the media Roatan has received just this year, coupled with more airlines showing interest in flying to the island and more cruise ships visiting the island, and you’ll see for yourself. Roatan real estate in 2016 will be off the charts – don’t miss your opportunity for a fantastic deal!

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