Caribbean Villas - Black Coral Dive Resort

Caribbean Villas

How to Purchase

Your Black Coral Sales Specialist will make buying Roatan real estate easy for you. Once you have decided you are interested in buying at the Black Coral Dive Resort, our team can assist you in choosing the best location for you. Each lot is unique and offers varying benefits and all homes are stand alone structures and will be surrounded by lush tropical vegetation to increase your privacy. 

The home you choose will be reserved for 2 weeks so that you may do your due diligence towards a final decision. In order to make the reservation, a $1000 fully refundable deposit is required.  Upon receipt of the deposit we will share all of the purchase documents that outline all of the responsibilities of the resort, rental management team and buyer.  Our team will also assist you in working with lenders and title companies to make your final purchase seamless.

As a part of the purchase package, we provide a purchase agreement and a rental agreement.

The purchase agreement outlines the payment schedule. Upon acceptance of the purchase agreement, the buyer will sign the document and return to the developer for acceptance. At this time, the payment schedule is finalized.

The rental agreement provides the details of rental management and income on your home and what the payment terms are.  This agreement will include a breakdown of costs, what the total income is and what it costs when you stay at your home.

Possession will be upon final inspection, final 10% payment made and title transferred by our legal team. You immediately begin on the revenue program should you wish to participate. Our process makes you purchase of Roatan real estate easy.

Homeowners Build Protection

In order to make our purchasers comfortable with buying a presale in these troubled times, we offer escrow services on all purchases. Each payment is due when the quantity surveyor confirms the completion of each stage of build. Once your payment is received, it will be placed in Escrow. When all stages are complete and the final payment made; the home is inspected, funds released from escrow and title documents finalized.
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