| Sell Price: |
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65000 |
| Location: |
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Vistas de Los Olivos
Yamaranguila
Intibuca
Honduras |
| Property Type: |
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Farm/Ranch |
| Property Details: |
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We are offering for sale two very beautiful 12 acre tropical mountain forest properties in Yamaranguila, Intibuca Honduras..... ”Vistas de Los Olivos”.
About Honduras........
As of late Honduras has been called the best kept secret of Central America, and the next Costa Rica and Panama. Having a government and culture that is very friendly to foreign investment, a stable and growing economy, freedom to live a peaceful and family-friendly life; coupled with some of the world’s most picturesque scenery and temperate climate, it is no wonder why many expatriates and investors alike are excited about this special Central American locale. Foreigners in Honduras have the constitutionally-protected right to sovereign ownership of land, without any Honduran residency requirements. (We are very familiar with this as we are non-Honduran resident, U.S. citizens ourselves) Also, foreigners can easily set up bank accounts and business entities in Honduras. (As we have also done) Honduras is becoming very popular with foreign expats and retirees as they can live very comfortably on $500 every 30 days. Health and dental care is modern and very economical. Honduras has a population of approximately six million, with about 40% of its population living in the three major metropolitan areas of Tegucigalpa, San Pedro Sula, and La Ceiba. The other 60% live throughout the beautiful coastal and inland rural areas spread throughout the country. Honduras is centrally located in the middle of Central America. It is about 2,000 miles from the United States via the newly renovated Pan-American Highway, or a 2-3 hour direct flight from Houston, Atlanta, or Miami. The currency, the “lempira” is currently trading at approx 18.9 lempiras per U.S. dollar.
About Yamaranguila, Intibuca........
The Spanish colonial-era village of Yamaranguila is located in the department (state) of Intibuca and is approx 7 miles from the Spanish colonial-era town of La Esperanza, the capital of Intibuca. La Esperanza has a population of about 12,000 people. La Esperanza is a thriving and peaceful city with a full-service hospital, dental facilities, full-service banking, a number of English-speaking private schools, and a Canadian hydro-electric project that supplies affordable energy to the area (70% of Honduras’ energy is supplied through hydro-electric sources). Currently La Esperanza is a scenic 2 ½ hour drive from either San Pedro Sula or Tegucigalpa. The highway is newer and easy to navigate. Yamaranguila is a quaint little town that is becoming a very popular location for Hondurans who want to build a nice getaway vacation home. The department of Intibuca is home to the majority of the country’s native ”Lenca” population (the indigenous Indians of Honduras) and boasts of some of the most temperate and fertile land in Central America. Due to these conditions, as well as the agrarian lifestyle of the Lencas, Intibuca produces about 80% of the produce consumed in Honduras as well as some of the world’s finest high altitude cloud forest coffee. The area is picturesque with abundant pristine mountain water and air, with breath-taking cloud forest views. Currently there is a new highway (not a “hustling and bustling” one like in the U.S.) that is being completed that will link the city of Copan with Tegucigalpa (Honduras’ capital) and will run through he scenic “Lenca Trail”. This new stretch will be the new Pan-American link from Guatemala to Tegucigalpa and southern Central America.
No crime and stress problems here.... just a beautiful, clean lifestyle.
About our property, “Vistas de Los Olivos”........
Vistas de Los Olivos is located about 1 mile from Yamaranguila at an elevation of 5,700 feet. It sits at the base of the 6,700 foot cloud forest peak of mount “Los Olivos”. The average daily temperature is between 70-75 degrees farenheit, with nightly lows of 55-60 degrees (no heaters or artificial a/c needed here!!!!). The rainfall is ideal..... simply put, the climate is perfect. Prior to four and a half years ago (when we bought it), Vistas de Los Olivos was an organic strawberry and blackberry finca that had been in the same family for many years.
This area is being highly sought after by people who want a peaceful and safe getaway with ideal weather conditions.
When the new Copan Ruins-Tegucigalpa scenic highway (non-commercial traffic route) route is completed in 2009 (runs only a quarter mile from Vistas de Los Olivos), the properties could easily triple in value from that alone. We have newly fenced the properties with barbed wire fence and upgraded hardwood posts, and double fenced 100% of the properties with additional imported sheep/goat fencing.
We have divided Vistas de los Olivos into two (2) 12 acre tracts. We are offering the three 8 acre tracts separately.
There is electrical and phone service, as well as a community-managed protected pristine mountain spring drinking water system for each tract.
Each tract has road access.
One of the 12 acre tracts also has two spring-fed tilapia ponds which have a capacity for thousands of tilapia.
There is always a nice breeze that blows through the mountain pines, producing a wonderful ocean-like sound. There are mature pine and oak trees on the property as well as 4-5 other local exotic varieties. There are also wild edible fruits/berries. There is a 20%/80% mix of gently rolling pasture and forest on the properties with no steep elevations.
Due to the elevation and inland location of the property hurricanes are a non-issue here. The area is home to many tropical bird and butterfly species. There are no wolves, coyote, big cat, snake, or predatory bird problems.
As I mentioned above the properties have road access..... however, one car every week or two is the norm.
Other Information....
In Honduras there are three types of land ownership. First is a “private document or deed” (some are centuries old), which can be legally disputed. The second is a registered “private title or deed” (many have this), which the government can technically exercise eminent domain on like in the U.S.... third is the “Escritura Publica” (sovereign registered document), which is an absolutely sovereign title. This document can be difficult to acquire at times because land owners have “legally” stripped their land (trees) bare to the dismay of the government (land prices commonly triple with this type of title). Vistas de Los Olivos is titled as a registered escritura publica with easily transferable, totally sovereign ownership rights. There are no property taxes. This property is ideal as an investment and as an offshore investment all profits are non-taxed for foreigners. Cheaper, lower quality Central American property is selling online and on the local market for very high prices. We are listing our Vistas de Los Olivos 12 acre tracts for only $65,000 each.
I am willing to owner finance our properties at the above $65,000 price with a 50% down payment with a 10% fixed rate APR for 5 years (Honduras APR average is MUCH higher).
The total closing costs and one-time property taxes for each 12 acre tract is $75 USD.
Thanks for your time and interest,
Shimone
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| Date Published: |
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28-Oct-2009 |
| Date Updated: |
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29-Oct-2009 |
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Shimone
Contact now
Phone: 011-502-7823-8018
(8am-8pm Central America Time)
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