Description of Honduras
There are plenty of reasons to consider buying a property in Honduras from an investor’s point of view. First of all, while rent yields on city centre apartments can be underwhelming at about the 5 per cent mark, beach properties have been known to bring in upward of 35 per cent. What’s more, both capital gains and rental income taxes are capped at a flat rate of 10 per cent, which is massively lower than some of the nation’s rivals. What’s more, despite a rather damaging slump in 2009, property prices across Honduras have been returning to strength and showing no signs of heading back into the abyss. Tourism is booming, the overall infrastructure of the place is hitting its stride and buying in has been simplified over recent years.
Current Property Prices in Honduras
How to Buy Overseas Property Safely
Key Facts:Currency: HNL
Time Zone: CST (UTC−6)
Languages: Spanish language
GDP: $19.567 billion