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Truillo Luxury Real Estate for Investment or Retirement
There are a few developers and real estate people, such as the Canadian group, Life Vision Properties, who have started promoting this area. Life Visions has built eco–parks and nature reserves ( Campo del Mar) and has already sold out about 20% of the lots that they staked out. Owning land here for foreigners is very easy.
Cathy Bernier, realtor and Canadian expat said that she has been in Trujillo for five years and is loving it. Cathy showed us around Life Vision Properties' Campa Vista mountainside tract. All the homes and lots had fantastic views of the Caribbean. A striking example of luxury for less was a two–story, 6000 square–foot house with infinity pool for only $500,000 Usd. All these mountain lots and homes are surrounded by an abundance of tropical growth.
Malik Zachariah of Life Visions Properties tells me, "Trujillo is the fastest growing tourist and economic development zone on the northern coast of Honduras. Due to full 100% deeded ownership and relative ease of owning property in Honduras, many foreigners from Canada, USA, Germany, and elsewhere are purchasing property in Trujillo as both investment and for personal use or retirement residences. The new Banana Coast Cruise terminal operated by Grande Trujillo Autoridad is now complete. The growth in tourism to the area will lead to a real estate boom, just like what happened in now mature markets, Panama, Costa Rica, and Roatan. The Caribbean coastline is one of the most sought after coastlines in the world for residences. Trujillo is the only place where in less than 700 meters you go from the shores of the white sandy beach to the foot of a 6000 ft rainforest mountain. Breathtaking...."
A couple of Americans have built a nice beachfront resort, Banana Beach Resort, and are selling condos at prices that wouldn't be available elsewhere.
American Chris Cole and his mother Birke Campbell have a small development on and near the beach just outside of Trujillo — Tres Conchas. They have some reasonably priced, but luxurious, homes for sale on the beach and some lots nearby on the beautifully landscaped property. Birke has lived in Trujillo since 1990. She and her late husband, a lawyer and former governor of New Mexico, bought 22 acres 3 minutes from town and developed it taking all of the legal steps.
Tres Conchas is divided into lots with a legal plat. They have built seven luxury homes on this residential property which has its own 147–foot deep well. The development has one large (98 feet on the beach by 316 feet deep) beachfront lot left priced at $90,000, on a private road with water and electricity on the lot. Also available on the beach is a double adobe, fully furnished house of about 3,000 square feet. It also has a guest house or servant's quarters with enclosed garage. The house is priced at of $295,000 Usd, way below its value elsewhere.
There are several lots left close to the beach which start at $20,000 Usd. Campbell's own current two–story beachfront home, which sits on one acre with 155 feet of ocean frontage, is also for sale at $350.000 Usd, fully furnished. She says of Trujillo, "I love living here, it's laid back and very healthy." Our tour guides, Maya Temple Tours, arranged a stay for us at one of these beautiful Tres Conchas homes on the beach.
Says W. Arkinstall of British Columbia, Canada who recently had a mountainside home built by Jaguar Construction, "We like our Honduran home, it's peaceful, quiet, in a beautiful surrounding. One of the main features is a sacred Honduran protected giant Ceiba tree just beyond our backyard at the edge of a Honduran jungle. The Ceiba gave our house its name, Casa de la Ceiba. There is lots to do in the Trujillo area: hiking, bird watching, visiting the impressive nature park featuring native plants and a large collection of rescued monkeys and tropical birds."
All things considered, Honduras looks like a worthwhile real estate investment market. This is "ground floor" as we heard a decade or two back about Costa Rica, coastal Panama, Ambergris Caye, and other Caribbean destinations.
When you visit Trujillo, Honduras:
See the links in the article for real estate contacts. The Honduras Tourism website has some basic information on Trujillo. See www.letsgohonduras.com
Maya Temple Tours has an extensive menu of Honduras and Central America tours and will arrange custom itineraries: Maya Temple Tours
Article and photos by John Lamkin
See more articles on Luxury Real Estate in Central America.
Read more about Luxury Traveling in Honduras.