Investing in Honduras More Profitable Than Investing in Belize
Honduras, a place once unfamiliar to the world, is rapidly becoming a new hot spot for foreign investment. Honduras’ increase in tourism, developing economy and eye-catching tourist attractions all make it a great alternative to Belize real estate property investment.
Unlike Belize’s overdeveloped landscape, Honduras delivers countless lots that are still in the process of being constructed, providing investors a firsthand choice at what they want to build. Not only are most of Belize’s homes already created, they come at a high price. However, beautiful Honduran oceanfront lots are sold for as little as $20,000. Furthermore, these lots are positioned only 150-200 feet from the shoreline, permitting a view that’s nearer to the ocean as well as a great tropical atmosphere.
Belize is known to be an expensive country to invest in whereas Honduras has one of the lowest costs in Central America. Though healthcare is low-priced, it still means good care from doctors who are often trained in the States. However, Belize has very poor healthcare especially for anything more than a minor injury. In addition, Honduras’ new Charter City Proposal intends to put more money into better healthcare and other needs such as education.
Economic growth in Belize dropped to 0% in 2009 and only back up to 1.5% in the last year. Additionally, 4 out of 10 people live below the poverty line. On the contrary, within the next four years, Honduras is expected to make one billion dollars in tourism. Tourists are just beginning to be drawn towards Honduras and everything it has to offer. This is a result of the Banana Coast cruise line (expected to be complete in 2012) which includes the following:
- Developed infrastructure
- Increased tourist activity
- Increased land value
- 3000 jobs created
One of Honduras’ most attractive tourist destinations is Trujillo Beach. Trujillo is eco-friendly and self-sufficient and land that’s full of an abundance of nature. Trujillo is considered one of the most stunning shorelines in all of Central America with its white-sand, private, beaches that extend over 4.5km. This spectacular Caribbean beach should not be described as anything less than paradise.
Properties in the Trujillo Beach eco-development are excellent investments for the long term. In fact, within the first year, many of our investors are seeing returns of 30%. Honduras is not only a great place to invest, but also to explore and discover all the wonders it has to present.
