Saturday, November 28, 2009

Roatan Island Honduras Local Updates

“Tid-Bits”-
1- In last months Newsletter I suggested some places to stay. There are of course many depending on your desires, standards and budgets. On the Luxury end of the spectrum, remote but still “close in” is one of my favorites. Barefoot Cay Resort is an intimate luxury retreat, including a private 4 acre cay, on the south side of Roatan. We offer beachfront bungalows and villas, and oceanview loft accommodations, with Heavenly beds, fully equipped kitchens, A/C, TV/DVD, high speed internet and courtesy cell phones. Resort amenities include on-site PADI 5 Star IDC dive center, Barefoot Divers, spa, dining services, fitness room, pool, kayaks and more. For more information, visit our websites, www.BarefootCay.com and www.BarefootDiversRoatan.com

2-More new store openings at the new “Mega Plaza” Mall. Medi Centro has opened an office there. This is a satellite branch of the best hospital in LaCeiba. They send to the island all the medical specialists that you will find there. All speak English and certainly nice to lift the level of access to medical care on the island. Also new is a computer store, an optician, an industrial cleaning supply location, “Animal Kingdom” for a Vet, pet care and supplies. Things are really shaping up there. Although most places are rented out, I would think they will be in full swing pretty shortly.

3- Aeromedical Services S.A. Policy
Aeromedical Services (AMS) is a new medical air ambulance service available for the Bay Islands. This is a membership service that supplies helicopter evacuation services for medical emergencies. They are in process of
putting together their website but they do have an “e-brochure”. If you wish a copy outlining their program
email them directly here for a copy- aeromedservices.s.a@westnet.com.au

4-As most of you are aware Roatan is part of a poor country. The upside to investors is that often comparatively things like property taxes are very low. That said often people are called upon to help out with things like schools supplies, medical supplies for the hospitals and clinics and other organizations in need. In this instance I would like to ask for help for the local Law Enforcement. A new organization has been set up that meets each Wednesday at Pineapple Villas in French Harbor called “Crime Watch”. The goals in this instance is to enhance the ability of the local law enforcement through the purchase of much needed gear and supplies. At this time about $30,000+ dollars has been donated and the group is in process of the purchase of three used Ford Crown Victorias, 50 sets of shoulder attached radios that will have the ability to have officers communicate with each other from one end of the island to the other, much needed computers and office supplies, forensic and finger printing equipment and many other items. The goal at this time is $60,000 financially and the end results they are hoping for will enhance the security of the island keeping all more safe and secure. Please visit this site and if you have the ability lend a helping hand. http://www.roatancrimewatch.com/projectsecure/

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Roatan Real Estate

There are some really good deals out there by both Sellers & Developers. (How about a house in the Premier Community of Lawson Rock originally listed $543,500 that now is only $379,000 ?). For our non U.S. dollar clients with the dollar sinking? What a great time to buy! Sometimes the “stars all align”. Great pricing, financing available in many instances, island development on the upswing………… too many reasons to not act now.

Phase 2, the water front Phase, of a development east of center island call Mariposa has just been released. The developer wishes to generate a sale NOW! There are six lots on the waterfront and he has priced them right at $179,000. BUT the Buyer of the first one gets 30% off that price. First sale only folks but if your time line is 5+ years to build this is a great place to start - http://www.roatan-realestate.com/listing.php?id=611

Another great property that comes to mind is “Infinity Bay”. This hotel/condo concept property on West Bay Beach is a top of the line vacation spot on the best beach on the island. For years we wanted so badly to be able to offer financing here but it was mostly Seller financing or not at all. Well, not only do their prices start at $199,000 U.S. they also are offer financing with rates starting at just 5.5%, 10 year. They also have 15 and 30 year deals. This is ironic to a degree. For years mortgages flowed easily there and none here, now visa versa, go figure.
http://roatan-realestate.com/listing.php?id=427
Another developer that offers financing on the island is Pristine Bay. “PB” is the home to the “Black Pearl”, Pete Dye design course. They have it available on their Casita Condos, Marina Condos and both financing and special deals on some of their home sites. We have some new photos up there this month if you are interested in the progress, which has been substantial. http://roatan-realestate.com/listing.php?id=418

Keyhole Bay is a great spot and a bargain on a very quality residential condo or home site that has it all, (security, views, breezes, value, amenities, it’s own water and electrical supply)-
http://roatan-realestate.com/listing.php?id=390
New Listings/Hot Deals-
If you are shopping on the “high end” of the spectrum and are looking for one of the best homes on the island this is exactly the place for you. This place has it all, gorgeous pretty much wraps it up-
http://roatan-realestate.com/listing.php?id=603
Blue Harbor SHORT SALE ALERT ! – Some real estate people refer to Blue Harbor as the “mini Lawson Rock” Beautiful place. The developer there has beach front lots at $350.00. I have a motivated Seller that wishes to move his beachfront, prime, beautiful location listed for just $275,000. Try to buy a beachfront lot in Florida for that little money that certainly, I do not believe, will happen. The Seller says bring him an offer.
Check here for details – http://roatan-realestate.com/listing.php?id=609

Are you or do you know a big time developer? This is arguably one of the top places on the island. 135 acres of spectacular beach, reef, views and vegetation- http://www.roatan-realestate.com/listing.php?id=607

How about a more modest very nice home site in a very nice residential area at a very value price-
http://www.roatan-realestate.com/listing.php?id=608

A well priced 2br/2ba condo in West End. Only $229K-
http://www.roatan-realestate.com/listing.php?id=353
One of the best deals on the island. Would make the perfect hostile or inexpensive B & B. A beach front home originally listed at over $600K by another company is now listed at $259K and the Seller is looking for any reasonable offer- http://www.roatan-realestate.com/listing.php?id=436

Rare find West Bay Beach Bargain home - $180.00. Do not miss out –
http://www.roatan-realestate.com/listing.php?id=610

If you are not sure what you are looking for you can search our island wide MLS and find your dream come true –
http://link.flexmls.com/oq9ggfooh53,2

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Roatan Discovery Tour

-Discovery Tour
In last months issue I announced our upcoming “Discovery Tour”. For years, real estate both there and here did nothing but just keep going up. Understandably the island was not hit as hard in regard to price decreases as some places were hit in the states, but there is no doubt that the affect of both the economic and political situations was felt by all here. Going back the last 5+ years I believe I can easily say that right now is absolutely the best time I have seen to buy here on Roatan.

The response to the announcement of the tour was very substantial. I had no idea there would be so many serious Shoppers/Buyers/Investors on our list that would write and show interest in the Tour. Our Tour Director, Janine Goben, has responded to all those interested and would like to ask anyone who is interested to please write us as soon as possible. I realize it is scheduled for February but not only will that happen fairly quickly, with Thanksgiving, Christmas and New Years in between the time will FLY by. We have negotiated preferred rates on West Bay Beach with Mayan Princess (http://www.mayanprincess.com/ ) so you will certainly be comfortable.

Bottom line, nowhere will you be able to get all the information you need, access to all the professional services, (Attorneys, Title Insurance, Accounting, Builders, Ex-Pats to share their experiences,…) in one place, at one time like you will on our “Discovery Tour”. PLUS you will be able to do such in a no pressure atmosphere, (we provide the information, you make the decision). AND did I mention we are talking February? Do you really have something better to do than spend your time on a beautiful tropical island in February? (February, you know the month where you have reached your limit with cold, snow, ice, and still have a month or possibly much longer left of it). Really does it get any better? Just hit “Reply” and tell us that you want to sign up. We will take it from there. We are sure you will love your visit. Sign up today!
http://roatan-realestate.com/roatan-investment-tours.php

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