Wednesday, September 02, 2009

International Real Estate Investment

-The “World's Bravest Country”?
Big statement, right? I had it as a subject in my last mailing and had a few of you asked about it. I pretty much let the line “hang” in that it was the way I felt but things still seemed a bit up in the air, it was such a big statement. The fact is, I do believe it. Think about it. You have this little country in Central America that decided it did not like it¹s President trying to change the Constitution of this country (like the people allowed in Ecuador and Venezuela) to a far left country where soon after they Nationalized the businesses, the government took over the radio and TV stations and now they have a situation where the leaders there are “President for life”.
When a government takes over the major industries of the country the writing is on the wall. When the teachers have a grip on the far left and not only are out demonstrating when they should be teaching, (not to mention they can get away with telling the children in the schools anything they wish), it is all down hill from there. When the rest of the western hemisphere seems to be making a sharp left, Honduras said “Hold on a minute. Not here, not in this country”.

Honduras stood up to the deposed President Mel Zelaya, stood up to the European Union, stood up to the Organization of American States, stood up to Chavez who threatened to attack, (with the interim President here saying “I am not afraid of you”), and last but certainly not least, stood up to the United States, to President Obama, to Hilary Clinton.

Wow, if that is not BRAVE I’m not sure what is. They had their aid and commerce cut off and the businessmen in the country got together and now contribute millions a week to keep things going because of the financial hits the economy took. The world is gradually changing it¹s mind, the U.S will either reverse it¹s position, (the way politicians do, without admitting being wrong), or they will ultimately loose a long time friend and ally. Honduras does not need them; the U.S just thinks they do. This place is surely the “Lighthouse of Democracy” in the World right now. Could there be any other place south of the border that you should be considering?

No one should fear coming here for political reasons for sure. Heck they had the Miss Honduras contest in La Ceiba two weeks ago. No riots, no demonstrations, no civil unrest. They will have elections in November, there will be a new President, just as the Constitution says they should.

Want political updates here? Go to http://www.world4Honduras.com and sign up for the newsletter there and you will get all but daily updates.

Labels: ,


Roatan Honduras, Western Caribbean, International Real Estate

These are various categories of some of the hottest deals on the island. Some of these properties have been reduced by almost half.

Land/Home sites-
How about a white sand beach front midisland lot for only $119K? or a Crawfish Rock Beach front lot that has been reduced by $115K? Maybe and ocean front Lighthouse lot reduced by $70K?
Home sites or land click here- http://link.flexmls.com/oucmb9fzsck,2

Condos/Homes-
A recently reduced home, reduced by $400,000! Maybe a great beach front home in a very nice eco friendly community for only $268,000, recently reduced by $120K! These and other great deals on Condos and homes click here- http://link.flexmls.com/oucmfyf8yyx,2

Commercial Properties-
Some really impressive deals here. A great commercial site, a $550,000 price drop on a resort, a commercial condo to rent out. Some great options- http://link.flexmls.com/oucmgmxhf0d,2

Wish to do your own search for all the listings on the island go here then click on the MLS link – http://www.roatan-realestate.com

Labels: , ,


Golf Course, Roatan Honduras

CONDO OWNER RETURNS
YEAR 2011 2012 2013 2014
Average Rate $365 $401 $441 $485
Occupancy 30% 40% 40% 50%
Gross Revenue $39,420 $57,744 $63,504 $87,300
Main. + Serv. $4,730 $6,929 $7,060 $10,476
ResortShare $7,884 $11,549 $12,701 $17,460
NET REVENUE
$26,806 $39,266 $43,743 $59,364
Notes:
* Conservative Occupancy Rates
* Maint+Serv Includes All Services Including Pool and Landscaping
* Economics based on Condominium B, 2 bdrm.
* These are PROJECTED returns; in no way can the resort guarantee these results.

Wow what are these? Well these are the projections from the developer of Pristine Bay for their new Marina Villa Condos, (Black Pearl Pete Dye design golf course community) being offered for sale that were sent to me this past week. This project¹s property management is being done by the Lancaster Group (http://www.lancaster.com/About_The_Lancaster_Group.html )

I realize that there has never been anything like this offered in actual published returns from here before, if there has been I have not seen them. Can they be real? Lancaster Group is both very experienced and has a great track record but the way I look at these numbers is even if they are off by half, that is one half what is listed above, you are probably looking at double what anyone else on the island is offering in real money or has any real track record of such. Sure is worth a look with prices on units starting at only $348,000. Take a look. What a great place to retire/invest/visit. If you are not thinking about the golf, diving, “beach combing”, hammocking and investing at this place you certainly should be.

Marina Villa Condos
http://www.roatan-realestate.com/listing.php?id=584

Casita Town House Villas
http://roatan-realestate.com/listing.php?id=420

Labels: , ,


Cruise Ships to Roatan, Honduras

-Cruz'n to the Island
Over the past +/- ten years there has been considerable discussion among people on the island regarding the cruise ship industry and it¹s place and future on the island. Many on the island depend on the ships as sources of income, the government enjoys the tax revenues and many who have never heard of Roatan are now able to visit our beautiful island.

The new cruise ship dock/facility in Dixon Cove, (AKA Mahogany Bay), is coming along very quickly and seems like it will be ready to go for the upcoming season. This second international cruise ship port will be a Carnival Cruise Lines location and will be self-contained, with a beach facility, many activities and shopping galore. It looks like it will be a first class facility that will provide island visitors with a pleasant visit to this beautiful island. The newly designed and remodeled port in Coxen Hole, (Royal Caribbean), will start the expansion of the docking facilities this fall (projected October start), which will allow the tendering of multiple ships. Both of these facilities are very nice and will change the island for decades.

Bottom line is that Roatan will be a much busier place. A place that despite the economics of much of the world or a political crossroads, will still continue to grow and be a great place to retire, invest or vacation. Companies of this large size do not put tens of million of dollars into a location if they do not think the island has a lot to offer. They are investing heavily.

Labels: ,


This page is powered by Blogger. Isn't yours?

Subscribe to Posts [Atom]