You will have many choices; stand-alone homes, condos, villas and townhomes.
Everything from “Fixer-Uppers”, to property where you can simply toss your
suitcase on the bed and go snorkeling on your first day.
We do not have time-shares on Roatan, so you will have full title in your name.
There are also a few shared-ownership listings. With those you can use the
property and get the rental income for a certain number of days per year.
When looking at listings in developments be sure and ask about HOA (Home
Owner Agreements). You should be familiar with the conditions and fees. Also,
many of the condos were built and sold as primarily rental income projects.
Some limit the number of days you can stay in the condo before having to pay an
additional fee to the Management Company. Again, we will check out the HOA
and make sure it will work for you.
If you are looking for rental income we suggest using one of the island’s better
Property Managers to promote your property, field questions, make reservations
and “count the silverware” when the renters leave. They will also be available to
handle maintenance and repairs when necessary. Often they will pick renters up
at the airport, take them to the grocery and then to the house. You can also
greatly increase your occupancy by self-promoting your rental on sites such as
vrbo.com, airB&B, etc. Property Manager’s rates vary, but initially figure about
30%. We can get more information once you have narrowed your choices.
There are no lock boxes here so sellers usually want 24-hour notice.
My wife, Marilyn, is a retired Interior Designer. She was a corporate officer for
the largest third-party management company in the world and loves to give free
advice on design, decorating and sourcing furniture, appliances and other
Many homes are being offered under replacement cost. Our job will be to help
you find a home you love from a motivated seller.