99% of what you need to know before buying real estate in Honduras

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THE HONDURAN PROPERTY MARKET IN 2024

If you're thinking about buying property in the Great Central American Nation, there are a few things you should know about the market.

Skip the lengthy 100-page reports filled with complex words, old info, and unsupported opinions. This document is different. Data is fresh and presented in easy words, useful graphs, and engaging charts.

After just 20 minutes of reading, you'll know more than 95% of people considering property investment in Honduras.

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ANALYSIS - IS NOW A GOOD TIME TO BUY?

Is now a good time to buy property in Honduras? While some might say 'yes,' Honduran friends might have a different perspective. Remember, opinions are viewpoints and may not always be very solid.

In this document, we take the last notable trends in Honduras (prices, yields, inflation, political climate, investor confidence, etc.) and tell you what they mean. Then, you can decide to go ahead or not.

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ANATOMY OF A GOOD / BAD PROPERTY DEAL

Did you check out a property you're thinking of buying? Not sure if it will make a good investment? Well, it's actually not too hard to determine.

Bad property investments in Honduras always follow the same pattern. If we check certain things, we can easily determine if an investment is likely to fail or not. Wondering what to check? This document has all the answers for you.

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THE FULL BUYING PROCESS, STEP BY STEP

Do you need a notary or a lawyer? When do we give the deposit in Honduras? How do you ensure proper property ownership? Are there any particularly error-prone stages?

From the start of your property search to the moment you obtain the keys of your property, this document will be your go-to guide. Use it frequently to double-check every important aspect to ensure nothing is overlooked and that everything is progressing as it should.

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20 CONTACTS TO BUY A PROPERTY IN HONDURAS

The right people can make you save time and money. With that in mind, we've compiled a complete list of contacts you'll find indispensable while buying property in Honduras. From A to Z, we've got you covered.

Inside this document, you'll have access to: Honduran real estate agents, property listing websites, Honduran real estate lawyers, property insurance agents, property managers, moving companies, and even expat communities in Honduras.

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WHAT YOU NEED TO CHECK BEFORE BUYING

Misinterpreting 'Impuesto sobre Bienes Inmuebles,' navigating 'Registro de la Propiedad' requirements, and overlooking land use restrictions... buyers commonly face the same pitfalls in the Honduran property market.

Without knowing the legal and cultural landscape well, it's easy to fall into common traps that have led many to regrettable financial outcomes. Don't be another one.

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ALL THE DOCUMENTS AND WHAT THEY MEAN

What should be included in a 'Contrato de Compra-Venta' in Honduras? Are you familiar with the 'Registro de la Propiedad' system? Do you know about 'Impuesto de Traspaso'?

Our team has reviewed all the documents you'll encounter when dealing with property – whether you're buying, renting, selling, or living in one. Each document is explained briefly: its purpose, when to use it, who provides it, and key things to be cautious about.

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WHERE AND HOW TO GET A MORTGAGE AS A FOREIGNER

If you're seeking financing options in Honduras, this guide will prove to be highly valuable.

We have gathered all the information you need to apply for a mortgage with banks in Honduras. This includes details on eligible banks, step-by-step guidance for the entire process, and helpful tips to increase your chances of getting approved. We also highlight common mistakes to avoid.

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HOW TO RENT OUT QUICKLY

If you want to quickly lease your property in Honduras, it's important to be knowledgeable about Honduran cultural norms.

You might not know where to find tenants fast, how to set the right rent, or what to put in the rental agreement.

Here are some useful tips, with insider knowledge, that will help you save time and money.

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FOCUS ON ROATAN ISLAND

If the Caribbean charm and diving opportunities enchant you, enjoying Honduran seafood is a delight, and you appreciate a blend of turquoise waters, marine life, and a laid-back tropical island atmosphere, Roatan Island might be for you.

This report offers solid facts and data about this place: neighborhood analysis, yields, rentals, budget-based options, market strategies, and pitfalls.