The jubilation and unity that Americans exhibited when the announcement was made about Bin Laden’s death was a sign that the world is anxious for life to return to normal. Part of that return to normalcy will be growth in the economy, especially the real estate markets. After two years of falling real estate prices and stagnant sales, this world event may be the consolidating event needed to kick off the recovery.
As the Roatan real estate market begins to gather speed there will be fewer deep discounted properties that savvy buyers will be able to take advantage of. The most recent troubled owner of a Beach Front Condo in Parrot Tree has dropped the price of their unit to $199,900. This is a rare price for these furnished one bed room condos that are located right on the white sand beach. If you are interested in seeing this unit and Parrot Tree Plantation follow this link, http://rtvpix.com/RE-0673-H0VL23-01
If you want more information on this property or other properties on Roatan give me a call 831 359-4244 or send me an email Philip @ RoatanLiving.com
Central America has always attracted intrepid visitors in search of unfiltered natural beauty. Now, a set of top-tier, and often eco-friendly resorts are reinventing the region as a world-class beach destination, complete with unspoiled coastlines, coral reefs, and corduroy waves.
Roatán listed as number seven, is just north of mainland Honduras in the Caribbean sea and the largest of the Bay Island chain. It is surrounded by more than 60 miles of living reef and is one of the most affordable places worldwide to learn scuba. Open-water certification courses last three to four days, after which divers can troll for rare whale sharks. Non-divers can swim with sea turtles or explore the island’s west-end, which has some of our favorite Central America beaches.
The best time to visit is February through June. Solitude seekers may want to avoid the holiday season from Christmas through January.
Continental and Delta airlines fly direct to Roatán from Houston, Newark and Atlanta. West Jet airline also flies direct seasonally from Toronto.
For more information see www.RoatanLiving.com or email me at Philip@RoatanLiving.com
I am often asked about the demographics that make up the buyers here on Roatan. Some people think that there are a lot of Central American buyers and there are a few. However the vast majority of people buying Roatan Real Estate are from North America. To be more specific the United States and Canada.
A minor segment of the market that has grown in the last few years is the European sector, especially since Henry Morgan Resorts started direct flights from Italy. Another growing segment are the Canadian buyers. In part due to the shrinking dollar value giving the Canadian dollar more buying power, but also because West Jet has been introducing Roatan to Canadians with their direct non-stop flights during the cold winter months.
The down turn in the global economy during the last two years had a predictable effect on Roatan Real Estate as it did on the world wide real estate market. Home prices are generally down 30-40% from their peak in 2007. This means great deals for buyers that have the foresight to see that Roatan is poised to grow substantially in the coming years into a vibrant destination.
If you would like more information or have a question please call 831 359-4244 or write me at Philip@RoatanLiving.com.
I wanted to take a minute and welcome all the House Hunters International viewers who were inspired by the episode that aired featuring Roatan and searched for information on our island.
The island of Roatan is a great place to vacation with the family or for a cozy get away for two. There are direct flights from Houston TX on Continental Airlines or from Atlanta GA on Delta Airlines. If you need a recommendation for a place to stay I would be glad to help you with that as well. Don’t forget our buyers stay free!
There are some great deals on Roatan property resulting from the economic situation around the world. For example a one bed room condo in the luxurious Parrot Tree Plantation is now available for $219,900.
My web site at RoatanLiving.com also has a lot of useful information about the island of Roatan, travel to the island, the Pristine Bay golf course and of course buying Roatan Real Estate. If you have questions you can’t find answers to please feel to write or call me. Philip@RoatanLiving.com / 1 831 359-4244 U.S. Phone
From my chair on the beach here is West Bay it looks like Roatan Real Estate has started to recover from the world wide recession. First quarter sales were below average when compared to previous years but we are half way through the second quarter of 2010 and sales have definitely begun to recover. Honduras property sales through the Century 21 office have shown a cyclic trend over the last 10 years between land purchases and home/condo purchases. Currently we are in a home/condo portion of the cycle and bargains on residences are quickly being sold. So where are the good deals now?
Many who bought residential lots at the peak of the “land purchase” phase are finding it hard to sell their land in this “home purchase” phase. So if you are looking for a deal take a look a land and lots for sale.
For example lot 11 in Marbella Beach Resort is a .4 acre lot with 110 feet of white sand beach. This lot is on the market at $340,000 which is $100,000 below the sale price of a neighboring lot sold 3 years ago! This is only one example of the type of bargains to be found in Roatan Real Estate.
Send me an email if you would like more information on this lot or any other properties you have seen on the web.
Hello,
If you are planning a trip to Roatan and wondering where the best restaurants are, I have a new favorite restaurant to recommend. It is a little unassuming shack, on the main road, in the middle of West End. Their cuisine is Asian and the menu is centered around different types of noodles. So the name…… The Noodle Shack!
The Noodle Shack in West End, Roatan
I know cute name, you may go to a restaurant once because of the name but you will go back a restaurant because of the food and this place has great food.
Even my wife who is the pickiest eater on the planet ordered her meal with all her special requirements and it came exactly right and delicious. My order was easy, the standard dish of Thai Peanut Shrimp with vegetables on Rice Noodles….ummmmm goooood!
So when you are on Roatan in West End looking for a place to eat you should make an effort to find The Noodle Shack.
Enjoy Life, Philip
It seems that Roatan has elevated it’s status another step towards becoming a respected vacation destination. On Friday three pilots took to the air over West Bay Beach and demonstrated their stunt planes and their aerobatic piloting skills to the unsuspecting sun bathers. Here is some video from the show.
If you have any questions about Roatan please contact me or you can visit my web site.
Hello,
Even as the Real Estate market begins to recover here on Roatan there are still great deals to be found. This short sale is an unfortunate situation for the seller but will be exactly what one of you is looking for.
The house is approximately 1,500 sqft and has 2Br and 2Ba with a deck that spans the entire house. The house is being sold with an adjacent lot (that can be sold separately) and the total acreage is almost 1.5 acres. Located in Palmetto Bay Plantation the owners will enjoy the 2 miles of beautiful white sand beach with excellent diving and snorkeling found on this north shore location.
For more information on this property or any others available through our MLS database send me an email, Philip@RoatanLiving.com or call me on my U.S. phone 831 359-4244.
The good news regarding travel to Honduras was announced last week by the U.S. Department of State, no more travel alert! Here is the official statement:
“The travel alert issued for Honduras on November 6, 2009, is canceled, effective immediately. The improved security situation in Honduras has removed the immediate threat to the safety and security of U.S. citizens in Honduras.”
Although there had never been a problem with security here on Roatan or the Bay Islands, the U.S. Dept. of State did not distinguish between locations within a country. Consequently the alert which was intended for the large cities on the mainland severely impacted tourism here in the Bay Islands.
The timing of this announcement is very good, as the “busy” tourism season in the Bay Islands is just starting to ramp up. I have already seen a noticeable increase in visitors to the resorts and beaches this past weekend. Some increase might have happened anyway but the removal of the alert will certainly encourage others who may have had concerns to come down for a visit.
So if your ears are freezing and your fingers are numb send me an email Philip@RoatanLiving.com and I’ll help you find a lounge chair in the sun.
The down turn in the global economy during the last two years had a predictable effect on Roatan Real Estate as it did on the world wide real estate market. Home prices are generally down 30-40% from their peak in 2007. This means great deals for buyers that have the foresight to see that Roatan is poised to grow substantially in the coming years into a vibrant destination.