Besides having the ability to enjoy your personal slice of a tropical paradise whenever the mood strikes, owning property in Honduras also offers many other benefits. For example, you will have the opportunity to earn a decent income by renting out your property when you are not in residence.
Here at NJOI Trujillo we understand that buying property outside your home country can be both exciting and nerve racking. When it comes to buying investment properties in Honduras, the right information can go a long way towards relieving those nerves. Here are the most commonly asked questions we get regarding buying investment properties.
Can foreign buyers acquire property in Honduras?
Believe it or not, we get asked this a lot, and the answer is, of course, you can purchase property as a foreign buyer. Individuals can acquire up to 3,000 square meters, or about 0.72 acres of land. Corporations can buy larger areas as well. At NJOI Trujillo our properties consist of a third of an acre, so you could conceivably invest in two homes, one to vacation and retire to in style and the other to rent out for a decent income.
Is it expensive to buy a beach property?
Well it’s true that beach properties will fetch a sizable price in other, more developed Latin countries, the properties in Honduras are less than half the price. You will be able to buy beautiful luxury homes with panoramic views of the crystal waters of the Caribbean. Our properties are located on the beach and on the sides of the tropical rainforest backed mountains.
How do you buy investment properties in Honduras?
Once you have chosen your perfect property and your offer has been accepted, you will need to pay a 10% deposit. You will then sign the relevant documents with the seller and the balance will transfer. You are now the proud owner a slice of tropical paradise.
The process is pretty straight forward and the rewards are nearly endless. You can have the opportunity to buy your dream home in Honduras on the shores of the Caribbean.
For more answers to frequently asked questions, continue to part two, or contact NJOI Trujillo to get started today.