Roatan & Utila Real Estate Newsletter
March 2018 Newsletter
-Rain, Rain, Rain
-Real Estate Auctions
-Featured Dive Shop of the Month
Rain, Rain, Rain-
On Roatán, we experience winter like everyone else. However, instead of a white winter, the winter here is wet. It’s what locals call the rainy season. Rainy season typically happens from October through January. Of course, with highs in the low 80ºs and lows in the 70ºs, there isn’t much to complain about (better wet, than white). The four months during the rainy season provide cool evenings and cooler days. During this time, rain fills underground wells, aquifers, and cisterns, which gather water from roofs.
Over the past thirty years, the average rainfall for October-January has averaged about 53″. However, this winter the average rainfall was about 93″. This large amount of rain shattered all previous records. In fact, this year we experienced more rain than the year of Hurricane Mitch (a hurricane that hit here 30 years ago), which was recorded as one of the highest rainfalls in island history. Yes, we measure hurricane frequency here in decades (not years) as hurricanes are very infrequent.
Lately, winds are shifting in from the east, and sunshine is gradually coming in. There are many road repairs that are now being completed by both the local and national governments. None of these improvements could be completed during the rainy season.
Real Estate Auctions-
This March we will have our first group of properties up for auction. This is the first time we have held a real estate auction. The auction looks like a good opportunity for Buyers who are Purchasers, who know the island, and who have been here. Any agreement that is written would have a Buyer approval contingency, and Buyers would make a trip to the island for final approval. Here is the link detailing what will be on the market. All of the prices are much lower than what you will find on the MLS. You can click on any property to get the auction date and info. http://bit.ly/2rWAlzz
Canadian Donation in Conjunction with Sunrise Rotary –
Often times, developing countries do not have the budget or finances for emergency fire and ambulance vehicles and equipment needs. Visitors in that line of work from the United States and Canada often team up with charitable organizations such as Rotary International and donate their old equipment (which is brand new or non-existent in developing country standards). This is a really good cause. Check out the latest story here.
Featured Dive Shop of the Month- Sun Divers- West End
We know what a great diving experience means, and we want you to have one! Our goal is to make your vacation unforgettable and to show you everything Roatan’s reef has to offer. A variety of dive sites, flexibility, small groups, an experienced guide and custom-built shaded boats with water and fruit on board are just the beginning! We offer single dives, two-tank trips, night dives and full day excursions. NITROX tanks also available. Dive in!
+504 3335 7281 English +504 95584071 Español
New Motorcycle Shop-
Moto Mundo (Motorcycle World) has opened a location in Mega Plaza and is featuring Yamaha brand. For those who are enthusiasts, this will be a welcome addition to the sea of off-brand, lesser quality machines available in the island.
Roatan & Utila Real Estate Newsletter
March 2018 Newsletter
Real Estate Deals, Steals and New Listings-
Sundancer Cabanas offers beach access, community pool, lush tropical gardens, a coral reef that you can enjoy just a short swim away, spectacular sunset views from the dock. This cabana will be a great opportunity for an avid scuba diver who is in search for a second home or just someone who is wanting to get away from the cold winters. ONLY 115k!
New Listing- Waterfront Home – Quiet Area -ONLY $225K!
Great Condition Duplex – Live in one rent the second
Oceanfront Condo – West End – $125K – Great Vacation Condo for you to visit and rent when you are not here. www.roarealestate.com/cocolobo
2br/2ba Residential Area – $179,000
West End Home – Seller’s Financing !
3br West End Waterfront Condo High Quality – Good Price
PRICE REDUCED ON THIS ONE OF A KIND PROPERTY IN HALF MOON BAY, WEST END WITH BEACHFRONT AND MANGROVE BIGHT TO THE BACK- PERFECT BOAT ACCESS!
Approximately 3.5 Acres Suitable for Private Home, Hotel, High End Condominium Development or Land Bank. Upside Appreciation for the Future!
NEW LISTING – Get away from it all! East Island, over 4.5 acres of lush flora & Caribbean Views! Off the grid living. https://www.roatan-realestate.com/idx/Over-Four-Acres-Port-Royal-Look-Out-Hill-Roatan-mls_18-103
$21,000 – Good location lot priced to sell in Plan Grande. The only thing missing from this prime lot location is your own home plan. Located central island in Plan Grande, this 1/10 acre lot is located right off the main road just minutes from French Harbor shopping, restaurants, new hospital and Pete Dye-designed championship golf course
Nice views, South Trade winds, Near West Bay Beach, Starting $46,500 https://www.roatan-realestate.com/idx/8-Lots-starting-at-46-500k-Moon-Cliff-Development-Site-Roatan-mls_17-333
Quiet, Residential home sites, Underground utilities. Tranquil. Buy now build later. Great option for your IRA
Steps to the Water – Great spot of the sports fisherman, Community dock, protected harbor – $59,000
Half Priced Sale! Seller paid more than double the asking Price! Top Community. Great Land bank opportunity.
Fan of Utila? Here’s a link to great map Agent Julie Shig : https://realestateinutila.com/utila-maps.html
Beachfront bargain! Why? The road to Pumpkin Hill is muddy, so prices are low until the road is complete. Get in now while you can! http://www.julieshigetomi.com/idx/Exceptional-lot-Pumpkin-Hill-Beachfront-Bargain-Utila-mls_17-556/
As seen on HGTV! Help out this motivated seller, she’s getting married! Buy your piece of the Caribbean: http://www.julieshigetomi.com/idx/Quaint-garden-home-in-Bambu-Caribbean-Cabin-2-bd-1ba-Utila-mls_16-280/
Budget Beachfront Home – Get Away from it All!
Agent Jorge Chavez provides some words of wisdom on his blog site
Do You Need a Professional REALTOR on Roatan?
There are, unfortunately, some horror stories from unsuspecting foreigners buying property without the counsel of a professional Roatan REALTOR. Those individuals are – rightly – upset about the transaction. This upsets those of us in the real estate industry because it makes Roatan look bad, when in reality it was simply a poor decision made by that individual to try everything solo. If you use a professional for services back home, you should certainly use a professional overseas
New to the Thought Process? These are the two links for you –
Besides having the most educated Agents and most Experienced Staff in the Bay Islands, we have a team of Professionals awaiting your Questions! U.S Attorney, U.S Accountant, Honduran Attorney, Insurance Professionals, Medical Professionals, even a couple of long term foreigner residents – Hear from them all in the video series!
Right to the F.A.Q’s? Right here –