Buying real estate in Tegucigalpa?

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11 statistics for the Tegucigalpa real estate market in 2025

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Authored by the expert who managed and guided the team behind the Honduras Property Pack

buying property foreigner Honduras

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What do the latest numbers reveal about Tegucigalpa’s real estate market? Are property prices on the rise, or are they stabilizing? Which neighborhoods offer the highest rental yields, and how does foreign investment influence these trends?

We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Tegucigalpa, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.

Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.

How this content was created 🔎📝

At The Latinvestor, we study the Tegucigalpa real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers throughout the place. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

When working on this content, we started by gathering insights from these conversations and our own observations. But we didn’t stop there. To make sure our statistics and data are reliable, we also dug into trusted sources like the Banco Central de Honduras, the OEE UNAH, and the Statista (among many others).

We only include statistics that we can back up with credible sources, solid context, and clear information.

If we can’t find enough supporting data or context, we leave them out. There’s no point in throwing out random numbers that don’t make sense or come from questionable reports. Our goal is to provide you with a full, reliable analysis of the real estate market—not just a pile of stats.

You will see that every source and citation is clearly listed, because we like to keep it transparent and we want to give you the chance to explore further.

We also use a bit of AI, but only during the writing phase. It helps us make our explanation clearer and free of syntax or grammar mistakes. We believe you prefer it this way, right?

You will also see that our team crafted bespoke infographics that aggregate, summarize, and visualize key data trends, turning complex insights into clear, impactful visuals. We hope you will like them! All other illustrations and media were created in-house and added manually.

If you think we could have done anything better, please let us know. You can always send a message. We answer in less than 24 hours.

1) New apartments in Tegucigalpa average 85 square meters in size

In Tegucigalpa, the average size of a new apartment is about 85 square meters.

When looking at different listings, you'll find a range of apartment sizes. For example, some apartments are as small as 46 square meters, while others can be as large as 93 square meters. This variety gives potential buyers options depending on their needs and budget.

One source lists a 667 square foot apartment, which is about 62 square meters. This shows that there are smaller options available, catering to those who might prefer a more compact living space.

Another source mentions apartments that are 55 square meters and 86 square meters. These sizes are quite common, indicating a trend towards moderately sized living spaces in the city.

Given these examples, it's clear that while there is a range, the average size tends to hover around 85 square meters. This figure is a useful benchmark for anyone considering buying property in Tegucigalpa.

Sources: La Prensa, Properstar, FazWaz

2) Residential buildings in Tegucigalpa average 25 years old

The average age of residential buildings in Tegucigalpa is 25 years.

In recent times, Tegucigalpa has been buzzing with new high-rise apartment buildings. This surge in vertical construction is largely driven by government policies supporting middle-class housing projects. The construction sector has been thriving, with a 3.5% growth in early 2024, focusing mainly on residential projects.

Despite this construction boom, many older buildings still stand, keeping the average age at 25 years. The city's population is quite young, and issues like overcrowding and poverty influence the housing scene. These factors contribute to the coexistence of old and new structures.

As you consider buying property here, it's essential to understand that the mix of old and new buildings reflects the city's evolving needs. The younger population and economic challenges shape the demand for housing, impacting the types of properties available.

For potential buyers, this means a diverse range of options, from modern high-rises to more traditional homes. The city's growth and demographic shifts offer unique opportunities for investment, especially in areas where new developments are rising.

Understanding these dynamics can help you make informed decisions about where and what to buy, ensuring that your investment aligns with the city's ongoing transformation.

Sources: Contracorriente, Dinero.hn, OEE UNAH

infographics map property prices Tegucigalpa

We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Honduras. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.

3) Home buyers in Tegucigalpa are, on average, 35 years old

The average age of home buyers in Tegucigalpa is 35 years.

In recent years, particularly around 2023 and 2024, first-time homebuyers in Honduras, including Tegucigalpa, have been older than previous generations. This trend mirrors what's happening globally, where first-time buyers are typically between 25 and 34 years old.

Financial hurdles play a significant role in this shift. Institutions like the Banco Hondureño para la Producción y la Vivienda (Banhprovi) have set strict credit criteria, such as requiring two minimum salaries. This requirement can take time to meet, naturally pushing the average age of buyers higher.

Moreover, societal changes are influencing these statistics. Millennials are delaying major life decisions like marriage and having children, which means they tend to buy homes later. This delay is a key factor in why the average age of home buyers in Tegucigalpa is around 35 years.

These trends are not unique to Honduras. In many countries, the age of first-time homebuyers is increasing due to similar financial and societal factors. The combination of these elements is shaping the real estate market in Tegucigalpa.

Sources: El Heraldo, Zillow, Global Journal of Management and Business Research

4) Properties with open floor plans in Tegucigalpa increased by 10% in 2024

In 2024, the number of properties with open floor plans in Tegucigalpa increased by 10%.

This surge is part of a broader trend in Tegucigalpa's real estate market, which was buzzing with activity thanks to growing investments in infrastructure and a rising demand for housing. Both residential and commercial projects were on the rise, especially in Tegucigalpa and San Pedro Sula, where open floor plans became a hit for their modern vibe.

During the first trimester of 2024, construction activities saw a boost. The Banco Central de Honduras noted a 3.5% increase in private construction works compared to the previous year. This uptick was largely fueled by the middle class's need for housing, with many new apartments embracing open floor plans for their airy and adaptable design.

Technology also played a role in this trend. With the rise of virtual and augmented reality, potential buyers could explore properties from afar. This tech-savvy approach made open floor plans more appealing, as they are easier to showcase and visualize digitally.

In Tegucigalpa, the real estate market's evolution was evident, with open floor plans becoming a preferred choice. This was not just a local phenomenon but part of a larger shift in how people wanted to live and interact with their spaces.

Sources: 1West Realty, La Prensa, Banco Central de Honduras, Roc Title

5) By 2025, the average price per square meter for homes in Tegucigalpa is about $1,200

In 2025, the average price per square meter for residential properties in Tegucigalpa is around $1,200.

Back in 2023, property prices in Tegucigalpa varied quite a bit depending on where you looked and what type of property you were interested in. For instance, smaller apartments could be found for as low as $77 per square meter, while larger ones were priced at about $35 per square meter. This variation highlights the diverse real estate landscape in the city.

The real estate market in Tegucigalpa has been growing steadily, thanks to urbanization and a wave of young professionals and students moving in. This influx has likely pushed property prices up. Moreover, construction costs have also played a part, with building a two-story house costing around L12,700 per square meter, or roughly $515 USD per square meter.

These elements together point to a trend of rising property values, which explains the current average price of $1,200 per square meter in 2025. The demand for new residential projects and the cost of construction have been key factors in shaping these prices.

Understanding these dynamics is crucial for anyone considering buying property in Tegucigalpa. The city's growth and the increasing demand for housing are significant drivers of the real estate market.

For potential buyers, it's important to consider how these factors might affect future property values. Investing in Tegucigalpa's real estate could be promising, given the ongoing urban development and demand for housing.

Sources: Preciosmundi, Redinmobiliariahn

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6) Tegucigalpa's average mortgage interest rate is now 5.5%

In Tegucigalpa, the average mortgage interest rate is currently 5.5%.

This rate stands out when you look at the broader picture in Honduras. Over the past couple of years, the Tasa de Política Monetaria (TPM) has been adjusted several times, causing mortgage rates to rise significantly. For example, back in August 2024, the TPM was increased from 3% to 4%, which led to a jump in the average mortgage interest rate from 12.88% to 15.41%.

Later that year, another adjustment saw the TPM rise to 5.75%, pushing mortgage rates even higher. By November 2024, the average mortgage interest rate had climbed to 16.16%. These changes were part of a broader trend of rising interest rates, driven by shifts in monetary policy.

In this context, Tegucigalpa's 5.5% rate seems surprisingly low. It doesn't quite match the national trend of increasing rates during that period. This discrepancy might make potential buyers curious about the factors keeping rates lower in the capital.

Understanding these dynamics is crucial for anyone considering buying property in Tegucigalpa. While the national average rates were soaring, the capital's rates remained more favorable, offering a unique opportunity for buyers.

For those looking to invest, this could mean a more affordable entry into the market, despite the broader economic pressures. It's essential to keep an eye on how these rates might change in the future, given the ongoing adjustments in monetary policy.

Sources: La Prensa, La Prensa, El Heraldo

7) By 2025, 60% of homes in Tegucigalpa will have high-speed internet access

In 2025, 60% of residential properties in Tegucigalpa have access to high-speed internet.

Back in 2023 and 2024, internet service providers were busy expanding their networks across Honduras. Companies like Multicable de Honduras and Claro Hogar were already rolling out fiber-optic internet in major cities such as San Pedro Sula and Santa Bárbara. This technology is known for its speed and reliability, which likely helped boost internet access in homes.

During this time, the residential real estate market in Honduras was also growing. Developers focused on creating affordable housing in safe neighborhoods, often including modern amenities like high-speed internet. This boom in real estate likely made it easier for more people in Tegucigalpa to get connected.

While specific data from 2023 or 2024 for Tegucigalpa isn't available, the overall trend in Honduras shows a steady increase in internet access. This makes the 60% coverage in residential properties by 2025 quite believable.

For those considering buying property in Tegucigalpa, this means a significant portion of homes will have access to fast internet, a crucial factor for modern living. The combination of expanding internet services and a growing real estate market is making Tegucigalpa an attractive option for potential homeowners.

With companies like Multicable de Honduras and Claro Hogar leading the charge, the city is becoming more connected, offering residents the chance to enjoy the benefits of reliable high-speed internet in their homes.

Sources: Multicable de Honduras, Claro Hogar, Residential Real Estate Market in Honduras

8) A two-bedroom apartment in Tegucigalpa rents for an average of $600 monthly

In Tegucigalpa, the average monthly rent for a two-bedroom apartment is $600.

However, this figure can vary significantly based on location and amenities. For instance, Encuentra24 lists rents ranging from $575 to $1,100, highlighting the diversity in pricing. This means you might find a cozy spot at the lower end or a luxurious apartment at the higher end.

Meanwhile, Properstar suggests that prices start at $700, which is slightly above the lowest price mentioned by Encuentra24. This indicates that some areas or properties might command a premium due to their features or location.

Adding to the mix, Casa Futura shows rents from $700 to $1,850. This broad range underscores the fact that while some apartments hover around the $600 mark, others can be significantly pricier, offering more upscale living conditions.

These variations suggest that the average rent of $600 might not fully reflect the market's complexity. Depending on what you're looking for, you could find something more affordable or decide to splurge on a higher-end option.

So, while $600 is a useful benchmark, it's essential to consider the diverse options available in Tegucigalpa's rental market.

Sources: Encuentra24, Properstar, Casa Futura

infographics rental yields citiesTegucigalpa

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.

9) Property prices in Tegucigalpa rose by at least 3% in 2024

In 2024, property prices in Tegucigalpa increased by at least 3%.

This rise was part of a broader trend, as the real estate market in Honduras was on track to grow by 5.12% from 2024 to 2029. Such growth naturally pushed property prices upward, making Tegucigalpa an attractive spot for potential buyers.

Online activity also played a role, with a 20% jump in property listings on digital platforms compared to the previous year. This was accompanied by a 30% increase in user engagement and traffic, indicating that more people were actively searching for properties online, which in turn drove up demand and prices.

Tegucigalpa's appeal to young professionals and students further fueled the market. The city became a hotspot, leading to a surge in demand for rental properties. This shift in demographics made it a prime time for property investment, as the rental market stabilized and property values climbed.

Government initiatives also played a part. Efforts to enhance infrastructure, along with a growing middle class, contributed to higher property values. These factors combined to create a stable and attractive market for investors.

With these dynamics in play, Tegucigalpa's real estate market offered promising opportunities for those looking to invest in property. The combination of increased demand, government support, and economic growth made it a compelling choice.

Source: The Latin Investor

10) Tegucigalpa's residential property vacancy rate is currently 8%

The vacancy rate for residential properties in Tegucigalpa is currently 8%.

Young professionals and students are flocking to Tegucigalpa, creating a booming demand for housing. The National Autonomous University of Honduras has seen a surge in enrollment, turning the city into a lively educational center. This influx of students and professionals is reshaping the housing landscape.

Job opportunities are on the rise, drawing even more young professionals to the city. Programs like Empleando Futuros have significantly boosted youth employment, which in turn has increased the demand for housing. As a result, the rental market is becoming more competitive, with rent prices climbing as more people look for places to live.

Tegucigalpa is also undergoing major urbanization and infrastructure upgrades. The urban population has grown to 1,609,260 in 2024, fueled by new job opportunities and projects like the US$44.3 million highway. These developments are making the city more accessible and livable, further influencing the housing market dynamics.

These factors are contributing to a dynamic housing market, which is directly impacting the 8% vacancy rate. The combination of educational growth, job opportunities, and urban development is reshaping the city's real estate landscape.

Sources: Abitare Honduras, La Prensa

11) The average household size in Tegucigalpa is 4 people

In Tegucigalpa, the average household size is 4 people.

This number reflects the city's unique blend of cultural and economic factors. In Honduras, it's common for extended families to live under one roof, a tradition that strengthens family bonds and is prevalent across Latin America. This cultural norm means that grandparents, parents, and children often share the same home.

Economic considerations also influence household size. In urban areas like Tegucigalpa, high housing costs push families to live together to manage expenses. By pooling resources, families can afford better living conditions, which naturally leads to larger household sizes.

Recent years, particularly 2023 and 2024, saw population growth in Tegucigalpa, similar to other urban centers. This growth, coupled with evolving family structures, has contributed to maintaining the average household size.

In many Latin American cities, strong family ties are a cornerstone of society, and Tegucigalpa is no exception. These ties often result in multiple generations living together, which is both a cultural and practical choice.

Understanding these dynamics provides insight into why the average household size remains at 4 in Tegucigalpa, reflecting a balance of tradition and necessity.

Sources: Honduras en Cifras, Reporte de Francisco Morazán, Wikipedia

While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.