Can an American own land in Honduras?
Can foreigners own land in Honduras? Yes. 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.
Can you finance a house in Roatan?
Typically, Roatan real estate sales are transacted in cash or are seller-financed. This is due to the fact that expats, without residency, are not permitted to finance through Honduran banks. Even expats who are residents find that financing comes at a very high interest rate.
Does Roatan get hit by hurricanes?
Roatan is situated outside of the Hurricane Zone. The island of Roatan is too far west to be affected by most annual hurricanes. In fact, hurricanes only come across Roatan once every 26 years. So feel free to plan ahead and travel to Roatan even if you’re considering traveling to Roatan during hurricane season.
Are there any homes for sale in the Roatan islands?
The alluring Islands of Roatan and Utila offer an abundance of Roatan homes for sale, covering an array of property types, sizes, prices and locations. So, now you have decided to look at buying a home in the Bay Islands. What next?
What is the local government of Roatan?
Local Government. Roatan Island has two municipalities. The municipality of Santos Guardiola encompasses everything on the East End, which is understood to be everything east of First Bight, which is home to the Parrot Tree Plantation. The municipality of Roatan includes everything west of First Bight.
What is the Iron Shore in Roatan?
The Iron Shore is a fossilized coral reef rocky shoreline found on the water’s edge at various points along Roatan’s coastline. The iron shore can easily be confused with lava rock because of its dramatic texture and dark color. But the Bay Islands do not show any evidence of volcanic formation in its history.
What is the geography of Roatan?
Roatan’s Geography. Roatan is 40 miles long and at its widest its only 5 miles wide. It’s a long and narrow island. Roatan’s highest point is 900 ft above sea level. Roatan has an east-west orientation, and its northern and southern coastlines are both visible from several points on the island.