Buying Property in Honduras as a Foreigner | CR Legal
Navigating the process of buying property in Honduras as a foreigner can be complex. CR Legal specializes in assisting clients with every aspect of their property purchase, from due diligence to closing, ensuring a secure and efficient transaction.
Contact us today to start your journey toward owning property in Honduras!
Legal Framework for Foreign Property Ownership in Honduras
Foreigners are welcome to invest in Honduran real estate but must adhere to certain legal considerations, particularly regarding land size and location:
- Residential Property Restrictions:
- Foreign individuals can own one property of up to 3,000 square meters (32,292 sq. ft.) within 40 kilometers of borders or coastlines. This is allowed under Decree-Law 90/90 for residential purposes.
- Larger Properties for Tourism Projects:
- For acquisitions exceeding 3,000 square meters or for commercial use, such as tourism projects, foreigners must form a Honduran corporation. CR Legal can guide you through the process of setting up a corporation.
The Property Purchase Process in Honduras
At CR Legal, we ensure our clients navigate the property buying process with ease and security:
- Due Diligence and Title Verification:
- Our attorneys conduct a comprehensive title search to ensure the property is free of liens, encumbrances, or disputes.
- Drafting and Negotiation of Purchase Agreements:
- We prepare and review purchase agreements, ensuring they comply with Honduran law and protect your interests.
- Bill of Sale and Legal Documentation:
- CR Legal handles the preparation and registration of the bill of sale and ensures all documentation is correctly filed with the relevant authorities.
- Closing Process:
- Our team ensures all conditions are met before closing, coordinates with notaries, and secures proper registration of ownership with the Honduran property registry.
Why Choose CR Legal?
- Expertise in Real Estate Law: Skilled in handling Honduran property transactions with precision and professionalism.
- Client-Centric Service: Personalized support to meet your specific needs.
- Comprehensive Legal Assistance: From title searches to contract negotiation and closing, we handle every detail.
- Trusted Advisors: Helping you navigate local laws and regulations with confidence.
Contact CR Legal Today
Start Your Journey in Honduras Today – Schedule Your Free Consultation Now.
