Purchasing Real Estate On Roatan Island

Beach House Under Contract

Photography by Devon Stephen Beach House Palmetto Bay Plantation

You may be curious about the process involved in buying real estate on Roatan and how it compares to buying in your country. One difference is that all official documents will be written in Spanish, however, your Lawyer/Notary will be able to give you translated copies in English. Here are 9 steps how to purchase property on Roatan,Bay Islands.

 

1. Begin the search for your island property. Describe your ideal investment to your real estate specialist and visit the Roatan MLS to see the current market.
2. Choose your Roatan property and, with the help of your agent, decide how much you want to offer
3. Your real estate specialist will write a purchase agreement and present it to you to review and sign before presenting it to the seller’s agent.
4. Once both parties have come to an agreement you (the buyer) will make the earnest money deposit, 10% of the agreed purchase price, which will be held by the brokerage company representing the seller.
5. Your lawyer will begin viewing and checking all documents including the agreement, survey and title. If you are purchasing more than 3/4 acre you will need to create a corporation. (This will be covered in another blog entry!)
6. A closing on Roatan normally takes 30 days and prior to your closing date you will need to wire the final funds.
7. On the closing / possession date you (or your power of attorney) will meet with the lawyers /notary, real estate agents and seller. You and the seller will sign all documents. On this day you will be given copies of these documents. Congratulations you are now the owner of a piece of paradise on Roatan!
8. YourAttorney/Notary will take the original documents to the register office.
9. It usually takes between 60 and 120 days to receive the original documents including your official title (Escritura Publica) from your attorney, but remember we are on island time!

Real Estate in Roatan Island

408 matches found

$42,000
Calabash, Calabash Bight Lot, Roatan,
View Photos (10)
Property Type: Land
Area: Calabash Bight
Description: Beautiful ocean view lot in the quiet Ex-pat community of Calabash Bight.....
Last Updated: May - 13 - 2021
IDX
$399,000
Elegant Home, Roatan,
View Photos (77)Virtual Tours (1)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 3
Square Footage: 4089
Year Built: 2019
Area: Sandy Bay
Subdivision: West of White Rock Hills
Description: ''Elegance'' is the word to describe this newly constructed home. This hom...
Last Updated: May - 13 - 2021
IDX
$499,000
Hottest Sparrow Beach, Stoan Creek, Roatan,
View Photos (14)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 3
Square Footage: 1374
Year Built: 2019
Area: Hottest Sparrow
Description: A must see!! Beautifully designed 2 bedroom 3 bathroom well built 1,374 squ...
Last Updated: May - 13 - 2021
IDX
$375,000
Pristine Bay, Oceanview Lot1015, Roatan,
View Photos (15)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 3
Square Footage: 2164
Year Built: 2015
Area: Pristine Bay
Description: Deal of a lifetime! Personalize your own golf villa! This partially finishe...
Last Updated: May - 12 - 2021
IDX
$105,000
Johnson Bight, 0.63 Acre Lot, Roatan,
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Property Type: Land
Area: Johnson Bight
Description: This spacious 0.64 acre parcel of land located in the community of Johnson ...
Last Updated: May - 12 - 2021
IDX
$159,000
Lot # 10 Camp Bay, Roatan,
View Photos (29)
Property Type: Land
Area: Camp Bay
Subdivision: Camp Bay Suddivision
Description: If you have been searching for a ready to build on, beach access residentia...
Last Updated: May - 12 - 2021
IDX
$27,000
0.27 Acre Southside Ocean View, Roatan,
View Photos (6)
Property Type: Land
Area: Crawfish Rock
Subdivision: Crawfish Rock Area
Description: Ocean View lot to the south side of the island. It is centrally located wit...
Last Updated: May - 12 - 2021
IDX
$49,000
Lot 4-1, Partial Ocean View, Roatan,
View Photos (7)
Property Type: Land
Area: Pollytilly Bight
Subdivision: Oak Run Community
Description: Looking for an affordable ''Gentle Slope'' home site with partial ocean vie...
Last Updated: May - 12 - 2021
IDX
$110,000
Lot # 59 Ocean Views, Pre-construction Foundation, Roatan,
View Photos (26)
Property Type: Land
Area: Coral View Village
Subdivision: Coral View Village
Description: Picture yourself sipping morning coffee on one of the oversized balconies o...
Last Updated: May - 12 - 2021
IDX
$159,000
West Bay Beach, Condo 1703, Infinity Bay, Roatan,
View Photos (12)Videos (1)
Property Type: Residential
# of Bedrooms: 1
# of Bathrooms: 1
Square Footage: 591
Year Built: 2008
Area: West Bay
Subdivision: Infinity Bay Resort
Description: This unique turn key studio condo is absolutely amazing. It has its own pri...
Last Updated: May - 12 - 2021
IDX

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