Ocean view real estate for sale and for rent in Tela

The coastal town of Tela, Honduras, has many types of real estate for sale and for rent for vacationers, retirees and investors alike to consider.

Tela is located on the northern coast of Honduras and is quickly earning a reputation as an undiscovered tropical paradise, with miles of unblemished coastline and friendly local residents. Tourists can find vacation rentals, beach front cottages, condos and apartments for rent along the coasts of Tela. Also, since the area is fairly undiscovered by real estate buyers, those looking to relocate to Honduras can find their dream property in Tela.

Tela has many beach front lots that are not yet developed. These pieces of real estate feature white sand and tall palm trees. Those looking for investment property can build condominiums, apartments and hotels on these pieces of land to use as vacation rentals. The government of Tela is encouraging foreign commercial property owners to buy land and developments in Tela by offering a program known as the Tela Project. Under the Tela Project, foreigners who purchase land in a specially zoned section of the beach for the purpose of building commercial properties such as condos, hotels or vacation rentals can have a 10-year break on property taxes. With the growth that is expected from the Tela Project, the land around this zone is seeing steady increases in value.

However, Tela is not just for investment buyers. Those looking to retire in Honduras can purchase one of these lots and build an ocean view villa or luxury home. Individual property buyers can purchase up to three-fourths of an acre of property in Tela under current Honduran law. Downtown Tela’s main street is home to several businesses that provide property owners with all of the comforts they need, including banks, grocery stores, hardware stores, departments stores, medical centers and even veterinarians. Because medical care and prescriptions are so affordable in Honduras, retirees who purchase luxury homes, condos or villas in Tela find that the cost of living is much lower than what they are used to.

Because Tela is experiencing steady and encouraging growth and offers modern conveniences combined with a lush Caribbean atmosphere, many are choosing to purchase properties in Tela for use as retirement homes or investment opportunities.