Roatan Real Estate Seller Closing Costs

A common question I receive is in regards to seller closing costs in Roatan. It can be hard to navigate a foreign system and bureaucracy, so I thought it might help to pull together all of the Roatan real estate seller closing costs here.

If you’re considering selling your Roatan real estate, take a look through this list to be sure you’re prepared.

You can also check out my thoughts on why I’m the best realtor for selling your Roatan real estate.

And never hesitate to reach out and ask me questions directly – I’m always happy to help!

Roatan Real Estate Seller Closing Costs 

The following is an outline of what you can expect to pay when selling your Roatan real estate:

Real Estate commission: The standard commission amongst all Roatan real estate companies in the Roatan Realtors Association is 10%.

Capital Gains Taxes: If your property has proven any gain, taxes are set at 4%.

Survey: A survey of your property will usually cost between $250 and $300.

Catastral: Catastral is the deeded value according to the municipal government. You will pay usually between $60 and $80.

RTN (Registro Tributario Nacional): Your RTN is your personal tax ID number in Honduras. If a new RTN card is needed, that price is between $100 and $200 to obtain it.

Attorney Fees: The attorney who calculates the capital gains will charge between $200 and $250.

Wire Fees: Outgoing wire fees are usually $45 per transfer.

POA (Power of Attorney): If you cannot attend your closing and instead use your Power of Attorney to process all closing documents, this usually costs $250. 

HOA (Home Owners Association): All current year fees must be accounted for, with costs prorated between the buyer and seller. These will obviously vary based on your home location and annual fees.

Other Considerations for Selling Roatan Real Estate

When selling your real estate, it’s not only the numbers that matter. Especially when looking at foreign-owned property, there are many other considerations to take into account.

For example, if you’re leaving the island and moving out of the country, you’ll need to consider the timing of selling your property and moving on. While you can provide Power of Attorney if you can’t attend the closing, that’s something you need to consider in your total selling costs.

If you do choose to attend after leaving, add in the expenses associated with travel to the island, accommodations, food, etc, all while you’re here.

You could also consider the idea of renting your property as a vacation rental, if that’s feasible for you. Vacation rental properties are incredibly popular in Roatan and could prove to be a solid investment.

Ask me for further advice; I will be perfectly honest about your specific situation and will try to help guide you in the best direction.

Buying Property on Roatan

606 matches found

$938,000
Wellness Resort, Upachaya Eco-Lodge and, Roatan,
View Photos (74)
Property Type: Commercial
Area: Mud Hole / Blue Harbor
Subdivision: no
Description: Upachaya is an amazing property – perfect for fishing lodge, private fa...
Last Updated: June - 06 - 2020
IDX
$259,000
with pool, Dixon Cove, 2 Beb 2 Bath Ocean View Home, Roatan,
View Photos (31)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 2
Square Footage: 1100
Year Built: 2019
Area: Dixon Cove
Subdivision: Dixon Cove
Description: In the heart of Dixon Cove on the high hills overlooking miles of the majes...
Last Updated: June - 05 - 2020
IDX
$99,000
Located at Infinity Bay Resort, Tranquility Spa, Roatan,
View Photos (9)
Property Type: Commercial
Area: West Bay
Subdivision: Infinity Bay Resort
Description: Beautiful Luxury Salon and Spa Business for sale, located at Infinity Bay R...
Last Updated: June - 05 - 2020
IDX
$49,000
Carib Bight, Lot # 6, Mariposa, Roatan,
View Photos (5)
Property Type: Land
Area: Caribe Point
Subdivision: Mariposa Development
Description: This gentle slope home site sits in a protect Bight known as Carib Bight. A...
Last Updated: June - 05 - 2020
IDX
$70,000
Upper level of lot sea view behind trees.
View Photos (7)
Property Type: Land
Area: Sandy Bay
Subdivision: Las Gemelas
Description: This Special Lot is conveniently located between West End and Sandy Bay, it...
Last Updated: June - 05 - 2020
IDX
$49,000
Coral Views, Lot No.27, Roatan,
View Photos (21)
Property Type: Land
Area: Coral View Village
Description: Coral Vies Lot 27 is a fantastic portion of land located in Phase 1 of one ...
Last Updated: June - 04 - 2020
IDX
$75,000
- Paradise Cove - East Shore, 0.36 Acre, Ocean View Resident, Utila,
View Photos (14)
Property Type: Land
Area: Utila
Subdivision: Paradise Cove
Description: This is a great location to build your Caribbean dream home and enjoy our t...
Last Updated: June - 04 - 2020
IDX
$39,900
main highway, Adlie, Roatan,
View Photos (4)
Property Type: Land
Area: Diamond Rock
Subdivision: Diamond Rock
Description: Want your very own jungle retreat in the Caribbean? Spacious forested 1 acr...
Last Updated: June - 04 - 2020
IDX
$29,000
Splash Inn Road, West End, Roatan,
View Photos (4)
Property Type: Land
Area: West End
Description: BEST VALUE WITHIN WEST END. This beautiful flat lot is located on the happe...
Last Updated: June - 04 - 2020
IDX
$78,000
Unit 4320 Roatan One, Roatan,
View Photos (15)
Property Type: Residential
# of Bedrooms: 1
# of Bathrooms: 1
Square Footage: 870
Year Built: 2015
Area: Coxen Hole
Subdivision: Roatan One
Description: Now is the time to get an affordable condo in Roatan! Lovely 1 bedroom 1 b...
Last Updated: June - 04 - 2020
IDX

1 2 3 4 5 6 ... 61
Information deemed reliable but not guaranteed.