Is real estate in Roatan undervalued?

 By a lot.  I was briefly on the island, and also visited Próspera there (I thank my hosts for their time and efforts, and I believe Vitalia will be posting my session with them on-line, much of it covering life extension and crypto). I have been to plenty of both Latin America and the Caribbean, and
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By a lot.  I was briefly on the island, and also visited Próspera there (I thank my hosts for their time and efforts, and I believe Vitalia will be posting my session with them on-line, much of it covering life extension and crypto).

I have been to plenty of both Latin America and the Caribbean, and I was struck by how safe the island is.  Most anything of significance is priced in dollars, and you can pay with dollars, even in small restaurants.  The core language is English, although Spanish seems to be increasing rapidly, due to migration from the mainland, itself a good sign for Roatan.  Population is about 100,000 on a small island, but I didn’t encounter any traffic problems.  Electricity and water seemed to be reliable.  The local seafood is of very high quality.

At the top end I found this home selling for over 3m.  I was in Jonesville, an extremely charming small town right on the water with picture-perfect views.  Here are some home and lot prices.  Below 400k at the top end, something wonderfully placed for below 90k, and empty lots in the 70k range.

Much of the Caribbean I don’t find so attractive, as it can be too dry or scrubby, but Roatan is truly beautiful.  The views from some parts of Próspera are among the best Caribbean views I have seen.

From conversation, I infer that better direct flight service and better facilities for private planes are holding back real estate prices in Roatan.  Neither of those seem to be insurmountable problems.  Maybe the Honduras label puts some people off?

For dining, by the way, eat the Garifuna offerings at Punta Gorda, such as Garifuna Living Foods.

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 Economics, Travels, Uncategorized 


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