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Foreigners and purchase of Honduras properties

Posted by Honduras Real Estate on 08/12/2017
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Between the most frequent questions we receive since always many of them have as topic the foreigners and purchase of Honduras properties… If you are a foreigner you might wonder you… Can I purchase a property in Honduras? Very good question, in fact there are some limitations…

Maybe you heard that the article nº 107 of the Honduras Constitution does not permit to a foreigner to purchase a property within the first 40 kilometers of the borderlines, including the coasts…

That is true, but in 1990, a government decree modifies said article and establishes that for residential purposes a foreigner can freely acquire a property within the limits set by the constitution for a maximum size of ¾ acre.

So, don’t worry if you are a foreigners! If you like the sea, even if you wish to buy some Roatan Real Estate  you can do it even though it is an island thanks to that decree or constituting a corporation…

Additionally, take on count that there is a simple way to buy a bigger lot …creating an Honduran corporation.

Of course, to carry out safely any buying process you will need the help of good professionals… agents, brokers and a well qualified attorney. They will can assist to investigate if the property has a clear title …if it is properly registrated …and if it has any kind of legal pendents, eventual mortages, taxes balances…

Payments can be make in US Dollars or Lempiras. Take in your consideration that many documents could be written in Spanish …so, that is another important reason to looking for and get a good local help if you are foreigners and you can’t read well that language to avoid bad surprises.

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