Friday, December 31, 2010

Roatan Bay Islands Honduras Update

RE/MAX Bay Islands News
December 2010

HAPPY NEW YEARS!

• Island infrastructure improvements
• New Forum
• Cyber Realtor
• Restaurant of the Month
• Property Picks

Island Infrastructure improvements. There is a lot going on to improve the infrastructure of Roatan, but a lot of people don’t know it because you don’t see it. For example, there is a brand new desalination plant up and running in Coxen Hole, which runs 8 hours a day, 5 days a week to provide up to 374,000 gallons of water to the towns of Coxen Hole and towns east for several miles. The plant was donated by the Spanish government as part of their overseas program and augments our fresh water supply, which is becoming strained. It fills existing tanks and uses existing infrastructure to provide a much cleaner product. The Municipal plan is to connect 6 decentralized systems to one centralized system; the desalination plant becomes one source instead of 6. There is a plan to expand and efforts are under way to get international support for funding 2 more desalination plants in French Harbour and Oak Ridge.

The waste water treatment plant east of the airport is grossly underutilized. A lift station system is in place but only connected to 12% of the homes in Coxen Hole. The Municipal is considering a proposal to privatize this plant which will improve the situation immediately. Even more exciting is a big, new, multi-million dollar waste water treatment plant project for West End. This will be a collection system and treatment plant and is going out for bid mid-January with construction to start mid-March. The project should be completed in less than a year. It will be funded by Central Government and the funds are already parked on Roatan, so they are ready to go. The project will be self-sustaining, using seed money to create revolving funding over 10 years.

The landfill in Mud Hole has long been an eyesore and health concern with children and dogs climbing all over it as the pile gets higher and higher. There is a new landfill all ready to go in Diamond Rock, yet not in operation because there are no trained personnel to operate it correctly – no-one wants to be responsible for another mishandled landfill. The Municipal has received a proposal to privatize and assume operation of the landfills, including collection of garbage on a 30 year project. In the last two years, the Municipal has re-organized the solid waste staff, cancelled several leases of garbage trucks and purchased 2 rear-loading, compacting garbage trucks. This re-organization and cancellation of leases allowed for pay back of the Municipal funds used to purchase the new trucks in less than a year.

New Forum. There are several Yahoo chat groups on the topic of Roatan and now there is a new forum where you can ask questions, post information and all by category, so it’s easy to find information you’re curious about, or read threads on a certain topic. Want to know which ships will be in port? Or where to attend church? Where to shop or get medical attention? It’s all there and much more. Check it out: http://www.bayislandsforum.com.

Cyber Realtor is here! At RE/MAX we have expanded our service into the West Bay mall. Next time you’re in the area, or wondering about what property is available without having to go into a real estate office, check out the cyber realtor screen in the window of Mangiamo’s deli. This is a touch screen access to the internet to look for real estate, so you can look at any hour whether anyone is around or not. It’s the only one in the Bay Islands and is very cool!!

Restaurant of the Month is also a deli. Mangiamo is in West Bay mall, serving breakfast from 8 a.m. to 11 a.m. and lunch until 4 p.m. Monday to Saturday. Waffles, omelets, pancakes, even eggs benedict are available for breakfast, from $5.50 to $9.21. For lunch pick a classic or signature sandwich, such as Santa Fe chicken for $7.10, or Authentic Gyro for $8.68, or build your own sandwich with cold cuts and cheeses imported from the U.S. Salads more to your taste? Enjoy a side salad for $3.42, cranberry chicken for $8.75 or antipasto for $8.75. Plenty of choices!
Mangiamo is the place to find the “unfindable” on Roatan. I found plenty of Asian, Thai and Sushi products, as well as some of my favorite English memories: Rose’s marmalade, Heinz salad cream, Spotted Dick sponge pudding, many crackers and teas I haven’t seen since I left England. I also found Israeli, Italian, French and Irish products. And chocolates and truffles – oh my!!
West Bay has many rental homes and condos with full kitchen amenities so the deli is a popular spot for those items you may have missed in the grocery store 7 miles away. While you’re enjoying your breakfast or lunch, bring your laptop (if you simply can’t be away from it!) and take advantage of their free wireless internet. Whatever your needs, don’t miss Mangiamo’s deli and restaurant!

Property Picks For December
• Just a short note to those who may be looking for your own very little piece of paradise. I have a local gentleman looking to sell a small parcel he owns in First Bight. There is electric nearby and community water. The price? An astonishing $11,400!
You can download a PDF survey and obtain some additional details here -
http://www.roatan-realestate.com/listing.php?id=656
•
We also have received authorization to reduce the Tarvisio Building at Keyhole Bay an additional 10%. This is pre-completion pricing and will not last long. This building is pretty much the prime building of the development with unobstructed views to the deep blue Caribbean.
You can get some details here-
http://www.roatan-realestate.com/listing.php?id=390 along with the floor plans for the Building that you can download.

This, in my opinion, is the top development on the island. Absolutely top end quality, gorgeous infinity edge pool, private beach, a short walk to West Bay Beach's white sands, restaurants, etc. Anyone that has any interest in that great Keyhole Bay project you may wish to watch this short video clip that just came out on oceanhomeguru.com This will share with you a 'non 'REALTOR' point of view also http://oceanhomeguru.com/?p=2743

• Very motivated Seller for this 6+/- acre property on top of the world near West Bay and West End
http://www.roatan-realestate.com/listing.php?id=679
•
Over 8 acres of commercial property with 450 feet of deep water frontage. Great for a marina
http://roatan-realestate.com/listing.php?id=677
•
7,000 square foot commercial building right on the main road. http://roatan-realestate.com/listing.php?id=689
• Enjoy the sunrise and southeastern breezes on this half acre lot.
http://roatan-realestate.com/listing.php?id=658

To look at all listings go to our IDX link http://link.flexmls.com/oq9ggfooh53,2 and you will be able to search for property using your own parameters – it’s a cool tool!

I hope to see you on our next Investment Tour February 21 – 23rd, 2011!!

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Sunday, December 12, 2010

Roatan Honduras

Just a short note to our readers................

We announced previously the VERY HOT prices at the top residential condo development on the island, Keyhole Bay. Three units at very deep discounts have since been sold or are in escrow. If you are looking to buy it is time to act. There are only four units in the Seville and Monaco Buildings left at these deep discounts. Check them out here, write with questions and price points - http://www.roatan-realestate.com/listing.php?id=390

Also a spectacular deal is a 3br/2ba Hotel/Condo at Mayan Princess. Originally listed at $499K now only $285K (firm). Professionally managed, 250' fresh water pool with the complex on the best beach on the island and one of the finest in the world!
http://www.roatan-realestate.com/listing.php?id=352

Large two level 3br/3ba Residential Condo $200,000 price reduction on West Bay Beach -
http://www.roatan-realestate.com/listing.php?id=307

High season is here in three weeks! Above discounted prices may not be available soon. Save Hundreds of thousands and have your own piece of paradise in a very friendly climate and location.

Tired of the cold & snow yet?

Reserve your place at our 'Discovery/Investment Tour' in February. Get a break from the winter and get all your questions answered at the same time -

http://www.roatan-realestate.com/roatan-investment-tours.php


Merry Christmas to All and a Happy and Healthy 2011.

Larry

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