Posts Tagged ‘Real Estate’

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West Bay Estates on Roatan West Bay Beach

Saturday, October 22nd, 2011

Hello,

Since you have found this blog you may already know about the most desired beach in the western Caribbean. Many journalists and travel magazines have rated this beach a “top destination”. West Bay Beach on Roatan has this sugar soft white sand which is perfect for swimming and snorkeling or just strolling along and watching the sun set. All along West Bay beach are, restaurants, palapa bars, entertainment, nature parks and stores that make this an island dream destination.

Today I wanted to let you know about a 10 acre residential community called West Bay Estates located on Roatan’s West Bay Beach. The development is literally just steps from all the amenities West Bay has to offer. West Bay Estates has nice size residential building lots and the developer has already installed concrete roads and underground utilities so you can start building immediately.

Beach at West Bay Estates

West Bay Beach Estates

West Bay Beach is the most requested location on Roatan for vacationers and retirees alike. This makes homes in West Bay Estates the best rental income properties and the best retirement location on the island.

The developer has recently decided that he needed to move some of these home sites and consequently reduced the prices accordingly. These are nice size building lots and now start at only $55,000. Take a look at the West Bay Estates development on my web site I think you will find it the best value on the island.

Enjoy Life, Philip

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Roatan Gets Wind Powered Electricity

Thursday, July 28th, 2011

Hello,

Resources are rarely infinite, especially on an island, and as the world tries to become more environmentally conscious people are looking to those few infinite resources to produce more of the things they need.

Electricity production here on Roatan has been exclusively done with diesel fuel, one of the most expensive, inefficient and finite resources typically used. But Roatan Electric Company (RECO) has started a project that will begin to reduce the use of this finite resource and begin to use an infinite one.

Generation of electricity with wind is not a new technology and it isn’t new to Roatan. There are several real estate owners here that have installed wind generators to provide all or part of the electrical needs to their properties, but this is the first large scale wind farm on Roatan.

Wind Power for Roatan

RECO’s wind farm project, when completed, will have installed more than 20 Nordtank 150 wind generators. These wind generators will have a combined capacity of more than 3 Mega Watts of power whenever the wind blows more than 8 MPH. Our trade winds provide that much wind and more most of the time on Roatan.

This new wind farm will not produce enough electricity to cause our rates to go down but it will likely keep our rates from going up further.

One of the most frequently asked questions that comes my way is “how much does electricity cost on Roatan”. My first response is usually that it depends on how much you run the air conditioner. Now I can say our electricity isn’t cheep but it is “greener” than it was before the wind farm was built.

Enjoy Life, Philip

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Holiday Travel to Roatan

Thursday, December 30th, 2010

Happy Holidays to everyone,

I know many of you travel, or tried to travel over the holidays. Hopefully you were not stranded in the blizzard that hit the northeast U.S. The press is still reporting airport closures as I’m writing.

If you are saving your vacation days for the upcoming weeks I hope you are considering Roatan as your warm water destination. Our winter rains have past and we are currently having the best weather you could wish for. Sunny and warm, translation….no snow.

The hotels on Roatan were booked solid through New Years but many still have reservations available for January if you plan quickly. If you are looking for a recommendation for an excellent hotel on a spectacular beach you might check out Parrot Tree Plantation.

Hotel over looking the pool and lagoon

Hotel over looking the pool and lagoon

This is a perfect place to relax after the hectic holidays and warm you body in the sun. Snorkeling and diving are at your door step and the new golf course is 10 minutes away.

If you would like assistance with reservations I would be glad to assist you. You can call me at 831-359-4244 or send me an email, Philip@RoatanLiving.com

Have a wonderful and prosperous New Year, Philip

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Looking for a Roatan Architect and Builder?

Thursday, May 20th, 2010

Hello,
As I show homes and land to clients here in Roatan there are many questions they ask about buying real estate, renovating an existing home or building a new one. One of the toughest questions I get asked is: “Do you know an architect and contractor that will do a good job?” Until this year I always answered that question with a question: “Will you be here to oversee the job?” However based on some recent experiences I have changed my response and can now recommend both an architect and a builder that work well on Roatan.

The architect I can endorse is Ana Gallo from Austin Texas. She has already designed five homes on Roatan and has re-designed several more existing homes to better fit the owners needs. Her professional education was completed in the U.S. and her client base is primarily there as well.

Palmetto Bay Plantation Home Design on Roatan

Palmetto Bay Plantation Home Roatan MLS#10-157

This makes design discussions and planning, flow much more smoothly for everyone. When it comes time to start construction, being a Central American native and bi-lingual ensures that everyone involved understands what needs to be done to complete the house as designed. The “McDonald” house pictured above is one of her latest creations. This home is currently available for $1.5M. It is located on the beach in Palmetto Bay Plantation and is a beautiful example of the design standards and excellence she maintains. You can see samples of all of her work at AnaGallo.com.

I am also very excited that I can now recommend a builder on Roatan. This resource has been a difficult one to identify due to the high expectations that most real estate buyers bring to the home building project. However Hugo Coello is definitely the builder that can meet those expectations. Hugo has built several homes on Roatan in some of the nicest developments on the island. These homes were built to very high standards and completed in a timely manor. The “McDonald” home pictured above was built by Hugo.

These two professionals have collaborated on more than one home on Roatan with stellar results and I look forward to seeing their next projects.

Enjoy Life, Philip

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Bargains on Honduras Property

Wednesday, May 5th, 2010

Hello,

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.

Enjoy Life, Philip

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Join me in FB on Roatan Living and Real Estate

Thursday, April 8th, 2010

Hello,

A quick note to let you know about the group I started on Facebook to share interesting things about living on Roatan and info on Real Estate deals. You can go to your FB page and find the group in the “Groups” section or just click here Roatan Living and Real Estate. I will look forward to seeing your posts in the group.

If you are not a Facebook user yet you should go and check it out. I have had great fun this last year reconnecting with high school and college friends that I had not heard from for decades.

Enjoy Life, Philip

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Best Deal on Parrot Tree Beach Condo

Saturday, February 20th, 2010

Hello,
This El Nino year has given us some late season rain but the sun is out now and the beaches look very inviting.

Parrot Tree Lagoon and Condos

Parrot Tree Lagoon and Condos

Real Estate interest continues strong this year and the deals are getting harder to find. But there is one you will want to know about.
This is on the beach in Parrot Tree Plantation and the unit overlooks the lagoon and the Caribbean sea. The unit originally sold for $299,000 but the lender is letting it go at 33% off the original price. This will be your favorite vacation spot for the family for generations to come.

Parrot Tree Beach Condo

Parrot Tree Beach Condo

The unit has a king size bed and a pull out couch to accommodate 4 people. It comes fully furnished with all the kitchen utensils, bed linens and towels. All you need for your next vacation is your swim suit and toothbrush. Price $199,000

If you would like more information on this or other properties on Roatan please Contact me. Or you can visit my web site.
Enjoy Life, Philip

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Travel Alert Canceled for Honduras

Monday, December 14th, 2009

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.

Enjoy Life, Philip

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Price Reduction in Parrot Tree Plantation

Thursday, November 5th, 2009

Everybody loves a bargain…..right?

Well here is the latest bargain on real estate here in Roatan. Home site lots in Parrot Tree reduced 30%! That takes the price back to 2005 levels. These lots are still owned by the developer and he needs to move some of these properties to keep the cash flowing so buyers are going to save a bundle.

Parrot Tree Plantation and Hillside lots over looking Marina

Parrot Tree Plantation Hillside lots over Marina

My favorite lot is one of the view properties above the Marina. It is lot 116 and will sell now for $105,000. It has a view over the Marina to the turquoise water of the reef and even to the mountains of mainland Honduras.

If a stunning home site with unlimited possibilities is your Caribbean dream then you can combine this great lot with the lot below to make a site suitable for an infinity edge pool to take your breath away.

If you would like some additional information abut this property or others in our Roatan MLS database please write or give me a call. I look forward to being your Realtor on Roatan.

Enjoy Life, Philip

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Roatan Real Estate Buyers Stay Free

Thursday, October 8th, 2009

I know many of you are planning trips to Roatan this winter and are also interested in some of the great real estate values that have resulted from the poor economy.

Here is an extra incentive to plan a visit to Roatan. Thanks to my broker I am able to offer a FREE week of accommodations on Roatan to those people interested in buying real estate here. There is no cost to you and no obligation to buy anything. The benefit comes when you choose to buy property on Roatan.

Enrollment is easy just let me know at any point before you arrive or anytime during your stay on Roatan that you want to participate in the “Buyers Stay Free” program and when we close on your purchase you will get a check for the cost of your hotel room. So if you have been thinking about buying one of the great properties on Roatan there is no better time than the present.

If you would like help making reservations on the island for some discounted rooms or for information on flights email me: Philip@RoatanLiving.com and I will be glad to help.

Enjoy Life, Philip

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