Brought to you by Roatan Executive Realty
Choosing the Right Roatan Home Design
Rather than buy an existing property you have decided to build a brand-new home to your exact specifications. This is exciting but perhaps also overwhelming. There are many decisions to be taken and your choices can’t be easily changed once you start to build. So whether you are working with an architect or collaborating directly with your builder, it helps to start with a clear definition of your requirements.
Want to Improve Your Quality of Life? Move to an Island!
We know what you’ve been thinking: I’m going to sell everything and move to an island. Perhaps you’ve spent one too many days sitting in traffic. Or maybe you could never find the time to take that vacation. Whatever your reason, if you are ready to begin improving your quality of life then a relocation to Roatan is the perfect solution.
February Newsletter: Well, that was a busy month!
In 2021, properties are moving faster than ever before. In January 2021, 8 residential homes were closed as compared to 5 in January 2020. Even more impressive is the 10 land listings that were closed compared to just 1 in January of 2020.
Many of our visitors, despite the daunting prospect of international travel in times of COVID, are arriving on island motivated by their desire to find a property and lay the foundations for a transition to island life. If you’re considering purchasing a second home on Roatan, be sure to check out some of our top tips from our blog. Now is also great time to list if you are thinking of selling – buyers are searching!
Ambra Beach House – $100k Price Improvement!
There are some incredible deals and price improvements on Roatan homes at the moment. One of the most notable is a major price improvement of $100k on the gorgeous Listed at $499,000 and with financing available, this is an absolute steal! Book your viewing with us today!
Roatan – State of the Island December 2020
Since March 16 2020, when we went into lock-down due to COVID-19, so many of the things we thought to be infallible have proven anything but. The steady annual ebb and flow of the Roatan tourism economy: high-season, low-season, mid-season, disappeared overnight. Things we took for granted disappeared in a split second and we had to adjust to a new normal in which the only constant is change and the future is difficult to predict.
November Newsletter: What a hurricane season 😞
Wow, 2020…
In early November, Honduras was hit by Hurricane Eta, bringing devastating winds, flooding, and mudslides to many regions on the mainland. While we did receive heavy rain and lost phone service and internet for a couple of days, Roatan was luckily spared from most of Eta’s wrath.
The mainland is struggling to recover. Dozens of bridges were washed away and some regions experienced catastrophic flooding and winds in excess of 130mph. The San Pedro Sula airport still remains closed, as it was heavily damaged by flooding.
Unfortunately, Hurricane Iota, a category 5 storm is on a path towards Honduras. If it continues its anticipated course, the additional rainfall and winds will be a worst-case scenario for the already heavily flooded mainland.
If you’re able to donate to the relief effort on the mainland, below is a link to a GoFundMe fundraiser:
If you’re currently on Roatan, there are a number of local businesses that are collecting household goods and non-perishable food items to send over on the ferry.
2020 has been an intense hurricane season – and has even gone into the overflow Greek alphabet for naming. Thankfully, overall on Roatan, we are incredibly blessed to be below the hurricane belt and rarely experience a direct hurricane hit. Hurricanes and safety are a concern for many individuals considering buying property in Roatan, and many people have chosen to live or retire on Roatan versus other Caribbean islands because of our history of minimal hurricanes. With Hurricane Iota looming, we are once again lucky to not be in her direct path, however, we are under a tropical storm advisory.
October Roatan Real Estate News
In October, 9 land lots under $159,000 were sold as well as 10 homes. The breakdown of home prices sold last month was:
Price Range | Homes Sold |
90,000 – 99,000 | 1 |
120,000 – 139,000 | 2 |
180,000 – 199,000 | 1 |
250,000 – 299,000 | 1 |
300,000 – 399,000 | 3 |
400,000 – 499,000 | 1 |
500,000 + | 1 |
There are more flights scheduled to arrive on the island. American Airlines has been flying to Roatan from Miami since August and now United has resumed flights from Houston. A new charter flight from Minneapolis on Sun Country Airlines will have weekly flights from mid-December to the end of March. Unfortunately, most of the Canadian charter flights have been canceled for the 2020/2021 season, however, there is still some hope that West Jet may resume in February from Toronto.
As always, if there are any real estate questions we can assist you with, please reach out to us at any time.
The latest from the RER Blog: What is Classic Caribbean Style?
New Listing Alert: Las Sirenas condo in West Bay!
|