Overview

Description

Investment Opportunity: Exceptional 7.5-Acre Beachfront Parcel

This exceptional 7.5-acre beachfront parcel is the perfect opportunity to develop a luxury 5-star hotel or high-end condominiums. With environmental study and approval already granted for 384 hotel rooms or 192 condos, this property is ready to be developed.

Potential Investment Scenarios:
-Condo Construction and Sale: With an estimated 100% ROI, condo construction and sale is a highly lucrative investment option.
-Luxury 5-Star Hotel Development: A luxury 5-star hotel on this prime beachfront location could generate a 15% GOP, making it a highly profitable investment.
-Mixed-Use Hotel and Rental Program: A mixed-use development of hotel rooms and rental condominiums would maximize the ROI potential of this property.

The Property: The investment opportunity in Paya Bay includes three parcels of land totaling 7.5 acres, featuring a private beach stretch of 200 meters. The property is suitable for a hotel or residential project, such as apartments. It has the potential to accommodate a hotel up to 394 rooms or 150+ apartments. The current regulations allow for a building height of 30 meters, equivalent to 10 floors.

Location: Roatan Island is situated in the Western Caribbean, around 50 miles off the coast of mainland Honduras. It is well-connected with international flights from major cities and has regional flights from nearby countries.

Tourism Potential: Roatan Island is renowned for its world-class diving sites as part of the Mesoamerican Barrier Reef, the second largest reef in the world. It offers stunning white sandy beaches, sport fishing, island excursions, golfing, zip-lining, animal parks, and various eco-tourism activities. The island has established tourist areas with resorts, bars, and restaurants.

Climate: Roatan enjoys a pleasant year-round average temperature of 80-90 degrees Fahrenheit and is situated outside the hurricane belt. The rain season is short.

Growing Tourism Industry: Roatan’s tourism industry has been experiencing significant growth, with 1.8 million visitors annually and an average increase of 15.4% in the past three years. It is highly regarded as a top-rated tourist destination in the Caribbean, known for its beautiful beaches.

Investment-friendly Environment: Honduras provides a favorable investment climate for foreign investors, offering tax benefits such as tax-free import duty under the tourist law (zolitur law). The country supports investors with timely operating and environmental permits, and the government expedites the permit process. Additionally, land prices in Roatan have been steadily increasing at a rate of 11% per year, and the real estate market has shown a significant increase of 670% from 2019 to 2021.

Competitive Advantage: Compared to other Caribbean islands, Roatan offers lower market prices (50-80% lower) for real estate properties, making it an attractive option for investment. It is considered a safe and secure destination for tourists and is known for its affordability. The island has a strong appeal to buyers from Canada, the USA, and Europe.


Considering the island’s growing tourism industry, investment-friendly environment, and competitive advantages, investing in Paya Bay, Roatan presents an opportunity to tap into the island’s potential and capitalize on its attractiveness to tourists and buyers.

Highlights

• Prime location: The property is located in Paya Bay, a beautiful and secluded bay on the west coast of Roatan. The bay is known for its calm waters and white sand beaches, making it an ideal spot for a luxury hotel resort.
• Large and versatile lot: The property is 7.5 acres, which is large enough to accommodate a large hotel resort or a residential development
• Investment-friendly environment: Honduras is a relatively open and welcoming country for foreign investors. The government offers a number of tax breaks and incentives for investors, and the bureaucracy is not as cumbersome as in some other countries.
• Competitive prices: Roatan is a more affordable option than many other Caribbean islands. This makes it an attractive investment for investors who are looking for a good return on their investment
• High tourism potential: Roatan is a popular tourist destination, with over 1.8 million visitors annually.
• Roatan is experiencing a significant lack of accomodation capacity, making it a perfect place for a hotel investment.
• Condo Construction and Sale: With an estimated 100% ROI, condo construction and sale is a highly lucrative investment option.
• Luxury 5-Star Hotel Development: A luxury 5-star hotel on this prime beachfront location could generate a 15% GOP, making it a highly profitable investment.
• Mixed-Use Hotel and Rental Program: A mixed-use development of hotel rooms and rental condominiums would maximize the ROI potential of this property.

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