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As of September 2025, the average house price in Tegucigalpa stands at approximately L8,020,000 (around $325,000 USD). The Tegucigalpa property market offers diverse options from budget apartments starting at L1,600,000 to luxury homes exceeding L24,600,000, with significant price variations based on neighborhood, property type, and size.
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The median house price in Tegucigalpa is L8,020,000 ($325,000 USD) with price per square meter averaging L326,000 ($13,200 USD/m²).
Property prices vary significantly by type and location, with luxury homes in Lomas del Guijarro reaching over L24,600,000 while budget apartments in outer suburbs start at L1,600,000.
| Property Type | Price Range (Lempira) | Price Range (USD) |
|---|---|---|
| 1-bedroom apartment | L2,520,000 | ~$102,000 |
| 2-bedroom apartment | L3,280,000 | ~$133,000 |
| 3-bedroom house | L6,880,000 | ~$277,000 |
| 4-bedroom house | L7,480,000 | ~$301,000 |
| Luxury homes | L24,600,000+ | $1,000,000+ |
| Budget studio | L1,600,000-L2,000,000 | $65,000-$81,000 |
| Single-family home | L2,550,000-L14,000,000 | $104,000-$573,000 |
What's the current average house price in Tegucigalpa?
The current average house price in Tegucigalpa is approximately L8,020,000, which equals around $325,000 USD as of September 2025.
The price per square meter averages L326,000 (approximately $13,200 USD per square meter) across all property types in the city.
These figures represent the median sales price for residential properties, covering everything from modest apartments to single-family homes. The Tegucigalpa housing market shows consistent pricing with gradual annual increases of around 3% in 2024-2025.
Property prices in Tegucigalpa remain significantly lower than major North American cities but align well with other Central American capitals. The market offers good value for both local buyers and international investors seeking affordable entry points into Latin American real estate.
How do prices differ between apartments, single-family homes, and luxury properties?
Property prices in Tegucigalpa vary dramatically based on type, with apartments generally offering the most affordable entry point into the market.
| Property Category | Typical Price Range (Lempira) | Typical Price Range (USD) |
|---|---|---|
| Standard Apartments | L1,600,000 - L4,000,000 | $65,000 - $160,000 |
| Single-Family Homes | L2,550,000 - L14,000,000 | $104,000 - $573,000 |
| Luxury Properties | L14,000,000 - L24,600,000+ | $573,000 - $1,000,000+ |
| Budget Studios | L1,600,000 - L2,000,000 | $65,000 - $81,000 |
| Premium Apartments | L3,500,000 - L6,000,000 | $142,000 - $243,000 |
| Executive Homes | L8,000,000 - L14,000,000 | $324,000 - $567,000 |
| Luxury Villas | L20,000,000+ | $810,000+ |
What are the most expensive neighborhoods, the upcoming trendy ones, and the more budget-friendly areas?
Tegucigalpa's real estate market is clearly segmented by neighborhood, with distinct price tiers reflecting infrastructure quality, security, and amenities.
The most expensive neighborhoods include Lomas del Guijarro, Lomas del Mayab, Palmira, Loma Linda, Colonia Miramontes, Los Ángeles, and Las Lomas. These areas feature modern infrastructure, superior security, expat-friendly amenities, and the best property appreciation rates in the city.
Upcoming and trendy neighborhoods showing strong growth potential include Palmira (experiencing significant expat interest), El Hatillo (emerging as an eco-friendly luxury destination), Colonia Kennedy (benefiting from infrastructure improvements), and Zona Rosa (attracting investors with its vibrant commercial activity).
Budget-friendly areas for value-conscious buyers include Colonia Kennedy, Colonia Hato de Enmedio, and various outer suburbs. These neighborhoods offer lower property prices but may have variable infrastructure quality and longer commute times to the city center.
How much does price vary depending on the property's size and surface area?
Property prices per square meter in Tegucigalpa vary significantly based on location and property type, with city center apartments commanding premium rates.
Apartments in the city center typically cost L35,000 to L50,000 per square meter ($1,400 to $2,000 per square meter), representing the highest price per square meter in the market.
Single-family homes in suburban areas generally offer better value per square meter, ranging from L12,000 to L24,500 per square meter due to larger lot sizes and lower land costs outside the urban core.
Luxury properties and villas command L24,000 to L38,000 per square meter, with pricing reflecting premium finishes, exclusive locations, and superior amenities. These properties often include extensive outdoor spaces that enhance overall value despite higher per-square-meter costs.
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What's the average total purchase cost once fees, taxes, and closing costs are included?
The total purchase cost in Tegucigalpa includes the property price plus closing costs ranging from 4% to 8% of the purchase price.
Typical closing costs and taxes include transfer tax, legal fees, notary services, and property registration fees. These additional costs are standard in Honduran real estate transactions and should be factored into your budget planning.
For a property priced at L8,000,000 (the current average), expect to pay an additional L320,000 to L640,000 in closing costs, which translates to approximately $13,000 to $26,000 USD.
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What are the typical mortgage rates and monthly payments for buying in Tegucigalpa today?
Mortgage financing in Tegucigalpa comes with relatively high interest rates compared to North American markets, reflecting local banking conditions and economic factors.
Local mortgage rates for Honduran residents typically reach around 16% for standard lending terms as of 2025. These rates reflect the local banking environment and economic conditions in Honduras.
Foreign buyers face different lending conditions, with mortgage rates ranging from 10% to 14% for 20-year terms. Most lenders require foreign buyers to make down payments of 30% to 40% of the purchase price.
Many buyers in the Tegucigalpa market choose cash purchases or private seller financing arrangements due to the high interest rates, making these alternative financing methods increasingly popular among both local and international buyers.
Can you give me some real-life example purchase prices across different property types and areas?
Recent sale prices in Tegucigalpa demonstrate the range of options available across different property types and neighborhoods.
A 1-bedroom, 46-square-meter apartment in central Tegucigalpa recently sold for L1,632,500 ($66,000), representing excellent value for city center living.
A 3-bedroom, 93-square-meter apartment in the central area commanded L3,250,000 ($131,000), showing the premium for additional space and bedrooms.
In the upscale Colonia Miramontes neighborhood, a 3-bedroom, 500-square-meter house sold for L6,000,000 ($242,000), offering substantial outdoor space and family-friendly amenities.
The prestigious Lomas del Mayab area saw a 3-bedroom, 328-square-meter house sell for L8,000,000 ($323,000), reflecting the neighborhood's premium positioning and superior infrastructure.
Luxury villas with 5 bedrooms in exclusive neighborhoods command L24,600,000 or more ($995,000+), representing the top tier of Tegucigalpa's residential market.
If I plan to live there, what are the best value-for-money areas to consider right now?
For residents seeking the best value-for-money in Tegucigalpa, several neighborhoods offer excellent combinations of affordability, amenities, and quality of life.
- Palmira - Offers upscale living at reasonable prices, central location, proximity to universities, and growing expat community
- Lomas del Mayab and Lomas del Guijarro - Provide excellent safety, modern infrastructure, and the best amenities in the city
- Colonia Miramontes - Features good appreciation potential, family-friendly environment, and established residential character
- Colonia Kennedy - Delivers budget-friendly options with significant growth potential as infrastructure improvements continue
- Miraflores - Combines reasonable pricing with good connectivity and developing commercial amenities
If I want to buy to rent out, how do the numbers look for short-term rentals versus long-term rentals?
The Tegucigalpa rental market offers distinct opportunities for both short-term and long-term rental strategies, with varying income potential and management requirements.
Short-term rental properties through platforms like Airbnb generate median monthly income of $455, while top-performing properties (top 10%) earn $1,316 or more per month.
Occupancy rates for short-term rentals average 31% for median performers, while top-tier properties achieve 72% occupancy rates, demonstrating the importance of location and property management quality.
Long-term rental properties in urban areas typically generate yields of 4% to 6% annually, providing more stable and predictable income streams with lower management intensity.
Short-term rental properties can achieve gross yields of 7% to 10% with superior management and prime locations, but require more active involvement and carry higher vacancy risks.
It's something we develop in our Honduras property pack.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Honduras versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.
If I want to buy and resell later, which areas or property types are the smartest bets today?
For investors focused on buy-and-resell strategies, certain neighborhoods and property types in Tegucigalpa offer superior appreciation potential and market liquidity.
The best areas for resale appreciation include Lomas del Mayab, Lomas del Guijarro, El Hatillo, and Palmira, which consistently show strong price growth and attract quality buyers.
Properties in established upscale neighborhoods maintain better liquidity and command premium prices due to their reputation, infrastructure quality, and buyer demand.
Single-family homes in family-oriented neighborhoods like Colonia Miramontes and Palmira offer excellent resale potential due to consistent demand from local and expat families.
Modern apartments in central locations provide good liquidity for resale, particularly properties with 2-3 bedrooms that appeal to the broadest buyer base in the market.
How have house prices in Tegucigalpa changed compared to 1 year ago and compared to 5 years ago?
Tegucigalpa's property market has demonstrated steady growth over both recent and longer-term periods, outpacing inflation and providing solid returns for property owners.
Over the past year (2024-2025), property prices in Tegucigalpa have increased by approximately 3%, representing healthy market growth without speculative bubbles or unsustainable price spikes.
The five-year trend from 2020 to 2025 shows consistent positive growth, with urban segments significantly outperforming rural and secondary city markets throughout Honduras.
This sustained appreciation reflects growing urbanization, infrastructure development, increasing foreign investment, and the capital city's economic advantages over other Honduran markets.
The market has maintained stability even during regional economic challenges, demonstrating Tegucigalpa's resilience as Honduras' primary economic and administrative center.
What's the forecast for prices in the next 1 year, 5 years, and 10 years, and how does Tegucigalpa compare with other big, similar cities?
Property price forecasts for Tegucigalpa indicate continued gradual appreciation driven by urbanization, infrastructure development, and growing international interest.
The one-year outlook predicts continued gradual price increases of 2% to 5%, particularly in areas benefiting from new infrastructure projects and increased foreign investment activity.
Five-year projections show property prices expected to outperform inflation rates, with strong demand anticipated in quality neighborhoods as urbanization continues and middle-class purchasing power grows.
Ten-year forecasts indicate urban and well-connected areas will experience the strongest appreciation, while the city center and budget segments maintain steady but unspectacular growth patterns.
Compared to other major regional cities, Tegucigalpa offers stable growth and urban demand with lower international interest than tourist destinations like Roatán, which experiences faster appreciation and higher luxury property growth driven by expat and retiree buyers.
It's something we develop in our Honduras property pack.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Budget buyers benefit most from exploring outer suburbs and emerging neighborhoods like Kennedy and Enmedio, where infrastructure improvements are driving gradual appreciation.
Expats and families should prioritize Palmira, Lomas neighborhoods, and Miraflores for optimal value, security, and amenities that enhance quality of life.
Sources
- Fazwaz Honduras - Affordable Real Estate Tegucigalpa
- The LatinVestor - Honduras Property Buying Guide
- Fazwaz Honduras - Luxury Real Estate Tegucigalpa
- Wikipedia - Tegucigalpa
- 1 West Realty - Honduras Property Purchase Requirements
- Trading Economics - Honduras Lending Interest Rate
- AirROI - Tegucigalpa Rental Market Report
- The LatinVestor - Honduras Price Forecasts
- The LatinVestor - Honduras Real Estate Forecasts
- Numbeo - Cost of Living Tegucigalpa