If you’re interested in purchasing or building a rental property there are several factors to consider. Location as in all real estate dealings is the most important aspect to consider. On Roatan, beach front properties and properties with an ocean view and a pool are easiest to rent. Higher end properties with amenities including a/c, cable or satellite TV and internet rent the best for as much as $2,500 to $3,500 a week during the high season.
If you’re not planning to spend a lot of time on Roatan, finding someone to manage your property when you’re away is essential. Tropical climate is harsh on your investment property. Heavy rains, the heat and pests can damage your property if problems aren’t resolved promptly. When choosing a property manager, make sure you find someone with whom you find it easy to communicate. Ask yourself “Am I going to be able to communicate quickly and easily with this person to make timely decisions concerning any problems that may arise.” In this manner, you’re better able to protect your investment.