Recently, we started seeing our island start to slowly come back to life, with American Airlines resuming operations in late August and the Utila and Galaxy Wave ferries following shortly afterwards. Curfew hours are easing up and restaurants and hotels are beginning to open their doors again, prepared with stringent biosecurity measures to ensure the safety of their guests.
The Fishing Tournament is Happening!
Our island is beginning to host events again, modified to incorporate proper social distancing measures. On September 27th, there was a road bike race hosted by Roatan Point to Point 2020 that raised funds for the island’s COVID center via fundraising from the 180 cyclists that participated. Roatan’s famous International Fishing Tournament, normally held in September, will take place the 8th – 11th of October, celebrating 20 years of hosting the most anticipated sport fishing event of the year. If you can’t make it to the tournament this time, make sure to follow along the excitement on social media.
September was a busy month for real estate in our ‘new normal’, with several properties going under contract. The Residential market saw the closing of 9 properties in the following price ranges:
Price Range: Sales:
60,000-69,000 1
100,000-119,000 2
140,000-159,000 1
160,000-179,999 1
200,000-249,999 4
There was also one land sale closed with an additional 12 land listings and 19 residential listings added to the market. Right now, there are some diverse offerings along with some extremely affordable price points for buyers to take advantage of. The affordability of Roatan and motivation of some sellers to won’t last long!
If you’re hesitant about traveling to Roatan to purchase real estate, it is certainly possible to still buy a home or land sight unseen and our team will guide you every step of the way. Our latest blog has a few helpful tips for a few factors that you should be aware of should you consider this route.
Above all, we hope that you and your family are safe and healthy. We hope to see you return to our island soon.
Should you have any questions about Roatan real estate, please reach out to our team.
