Because of its tropical climate and amazing white-sand beaches with turquoise waters, Roatan is a popular destination among many tourists, nomads, and retirees. There are many Roatan homes for sale on the island, but it really depends on what you are hoping to get from the property.
There are people who wish to get a vacation home where they can come every couple of months with their families and kids. Others like the potential benefits of owning a home on the island and are thinking on how to rent out their new home. There are also people who wish to relocate to Roatan and are searching for a property that they can actually call their home. All of the mentioned people have one thing in common. All of them want to purchase a home for sale in Roatan. So, if you are thinking about purchasing a home in the Caribbean, here are a couple of tips to make sure that everything goes smoothly.
Do Your Research and Choose the Location Carefully
It is important to do proper research before buying a home in Roatan and there are many things to consider. For example, make sure that the property is located close to a number of facilities and amenities such as the beach or a grocery store, an ATM, and a restaurant. Find out if the infrastructure is developed and about the roads, water, internet, and electricity in the neighborhood. Those who are thinking about renting their new home to vacationers should definitely purchase a home that is a short walk from the beach, offers several rooms with beds, and is suitable for people who are on vacation.
Find a Reliable Real Estate Agent
All the real estate agents working in Roatan know all about the regulations and the property laws, so it’s necessary to find and hire a reliable real estate agent who will make sure that everything goes according to plan. This person knows about the island of Roatan and is usually well-connected with other people in this business.
Purchase under Your Budget
One of the mistakes that people make when purchasing a home for sale in Roatan is that they tend to overspend and end up with a big headache afterward. Getting a home that has high monthly costs which are above your budget is not a smart idea. There are always small costs that people forget to take into account like hiring someone to manage the place while you are away, so make sure to buy a home under your budget in order to live stress-free.
Have Patience and Hire an Attorney
Government bureaucracy can be a long process and it is important to stay patient. Remember that Honduras has different laws than the U.S. Once you get a green light and can make an offer to buy a home, make sure to have an attorney who will help you interpret the laws of Honduras. There is a large expat community here in Roatan and some of the members of this community have probably gone through all of this and can recommend a good attorney.
View a list of Roatan Properties For Sale