Colonia Palmira

The capital's historic embassy district, central and upscale, with strong diplomatic and professional rental demand.

Updated June 17, 202611 min read

About Colonia Palmira

Colonia Palmira is one of Tegucigalpa's oldest prestige neighborhoods, the traditional embassy quarter centered on Boulevard Morazán, mixing elegant older residences, mid-rise apartments, hotels, and diplomatic missions. Its central location and concentration of embassies and NGOs generate consistent demand from diplomatic staff and professional tenants. For investors it offers a balance of yield and stability. Apartments and homes range from roughly US$160,000 to US$400,000, with gross yields around 5-7%. The steady, often USD-referenced rental income from institutional tenants and relatively low vacancy make it a defensive capital hold, valued for tenant quality and central convenience alongside the usual lempira considerations of a non-dollarized market.

Location

Colonia Palmira in Tegucigalpa, Francisco Morazán, Honduras

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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