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Keyhole Bay on Roatan Island : You Land in Paradise and Turn Left
by Carter Clews

Here’s how you say it: “Keyhole Bay is on Roatan … in The Bay Islands … of Honduras.” And how do you get there? That’s the easy part: You land in paradise and turn left.

Oh, make no mistake about it, right now, the island of Roatan is obscure. How obscure? Well, next time you’re sitting in front of your computer, type in the word “Roatan”… and wait for the red underscore. That’s right, even Bill Gates doesn’t know where Roatan is – which is why Microsoft Word suggests you really meant to write “Rotan,” Rattan, ”Raton,” or “Roadman.” (Though one of his senior executives is often seen relaxing on the Island, or luxuriating on his nearby sailboat.)

For now, that’s just the way expats, transpats, investors, and vacationers want it. One day, in the not-too-distant future, Roatan will be discovered by the rest of the world. Prices will rise, along with gleaming resorts. And the pristine beaches will be peopled with tourists.

In fact, it’s already started. TV icon of Charleys Angels fame, Jaclyn Smith has an estate home on the heavenly Island’s east end. (Roatan has no probing paparazzi.) Continental’s flight magazine recently observed, “As confirmation of Roatan’s emergence as a hot spot, recent visitors included celebrities like Michael Douglas, Richard Gere, and Cameron Diaz.”

THE HONDURAS BAY ISLANDS ARE THE TOP INTERNATIONAL MARKETS FOR SECOND HOME BUYERS
And CNN Money just reported to the world, “The Honduras Bay Islands are the top international markets for second home buyers."

And that brings us to Keyhole Bay.

Keyhole Bay … “A World Away from the Ordinary”

Keyhole Bay, a spacious residential community, located in the prestigious West Bay Beach area of Roatan, is proudly billed as being “A World Away from the Ordinary.”

And, that may not be far from the truth for those who are looking for a second home (or, even a permanent residence) someplace where the sun never sets on all the modern amenities in a breathtaking tropical setting.

Be forewarned: it’s not perfect.

The beach at Keyhole Bay is small, even intimate (just as one would expect for a setting used in the lurid TV series Temptation Island). And there are mosquitoes. True, they are kept to a minimum by the prevailing easterly trade winds. But, when it comes to mosquitoes, one is more than enough.

Still, when it comes to finding a place in the sun where your every need is not only met, but anticipated, Keyhole Bay, set on gently rolling hills overlooking the cresting Caribbean Sea, may be the closest thing to perfect that serious re-settlers and “second-homers” are going to find.

And, there’s a good reason why.

KEYHOLE BAY EMERGED FROM THE FERTILE MIND OF AN ENGINEER NAMED DAN TAYLOR.
For those who know the minds of engineers, that pretty much says it all when it comes to the planning and development of this meticulous, avant-garde, and extremely eco-friendly environment.

For the less well-informed, engineers are proverbially known as the kind of people, who, when you ask them what time it is, tell you how the watch was made. And, if they don’t have a watch, they make one -- to perfection -- with lapidary skill.

Hence, Keyhole Bay has the widest streets on Roatan, which will be lit from the surface rather than from overhead -- so as to prevent light pollution.

It is the first community in all of Latin America with kiln-dried terra-cotta roof shingles glued, rather than nailed, into place, so that they are not only leak-proof, but torrential-wind resistant – meeting both Miami and San Diego building codes.

At Keyhole Bay, more than 120 palm trees (slated for destruction on other surrounding developments) have been replanted, rather than dug up.

And only at Keyhole Bay – as nowhere else in Honduras -- will residents find fresh, clean drinking water straight from the tap.

And, to quote The Bard, “thereby hangs a tale.” The fact is, the drinking water at Keyhole Bay is illustrative of the kind of lifestyle – and investment – Dan Taylor has engineered” for the exclusive community’s residents and investors. Because, the truth is: it’s not just the best tap water in all of Honduras -- it’s better than the finest bottled water elsewhere else in the world.

When you understand why, you understand the very essence of how Keyhole Bay is raising the bar for tomorrow’s Caribbean communities …

“Water, water everywhere” … and now, more than a drop to drink

“Believe it or not, when one of our laborers turned on this faucet,” Dan Taylor explained, pointing to a bare pipe topped by a handle rising up out of the ground, “it was one of the proudest moments of my life. Because it signaled a new direction, not only for Keyhole Bay, but for Roatan.”

An overstatement? Perhaps to some, but probably not.

FOR THIS FAUCET WAS THE FIRST OUTLET IN ALL OF HONDURAS WHERE CLEAN WATER FLOWED FROM A TAP
Honduras has been an independent nation since 1821. It has been a thriving, vibrant democracy for nearly 30 years.

And now, at last, it has a pure, pristine wellspring to water the tree of liberty. But, not without considerable care.

Keyhole Bay’s cutting-edge water system utilizes an automated Programmable Logic Control (PLC) system to draw water from one of four primary sources.

Pure rainwater stored in cisterns and fresh water wells are the primary two sources. Storm water runoff and seawater are the secondary systems. The PLC continually monitors the sources for optimum usage. And then, the purification begins, through one of two technologies.

Reasonably clean water goes through an ultra filtration system followed by ultraviolet (UV) and ozonation for bacterial eradication. Less clean water is routed through a reverse osmosis system utilizing a .004 semi-permeable membrane filter to remove even the most minute dissolved solids which is followed again by UV and ozonation. The result is water that’s fresher than when it fell from the heavens.

Then, to take its unprecedented, unparalleled water system a far step further, Keyhole Bay runs it through a series of multi-stage, variable speed pumps to assure that all of this crystal clear water arrives at residents’ taps under consistent jet-stream pressure.

Little wonder The Bay Islands Breeze magazine recently wrote of Keyhole Bay, “If the organization of this construction site results in a well-planned living environment, Roatan has a roadmap to follow for its future developments.”

What’s behind the wall ...

IF KEYHOLE BAY'S WATERSHED WATERWORKS IS SIGNIFICANT, ITS ALSO SYMBOLIC
If Keyhole Bay’s watershed waterworks is significant, it’s also symbolic. Because it represents an obsession with perfection that extends to every element of the community’s development. Even to the amusement of some.

“I know that some architects who want to build on Keyhole Bay’s estate lots get a little miffed at some of the quality controls and like to refer to this as ‘Anal Acres,’” Dan Taylor muses. “But, I’d rather have it called that than ‘Meandering Mediocrity.”

Perhaps the effect of this obsession with perfection is best captured in an ad soon to begin running in a Canadian publication called “Executive Life Styles Magazine.”

The ad features two pictures of a wall from one of the 45 luxury condominiums at the gated community. Above a picture of a fully furnished living room, the headline reads, “At Keyhole Bay, it’s not just the wall that helps you live the life of your dreams …” Then, beneath an inset picture of the same room with exposed wires from the pre-construction phase, it adds, “… it’s what’s behind the wall, as well.”

The ad’s body copy explains, “That’s because what’s behind the wall is the hidden secret to a life of luxury. To the average eye, the bright blue cables, yellow wires, and white pipes might look like nothing more than a mish-mash maze run amuck.

But, to the trained eye of an engineer like Keyhole Bay’s owner/ developer Dan Taylor, they are the ‘stuff that dreams are made of.’

“Your dreams. For all of the modern conveniences you enjoy in the plushest accommodations on the face of the earth. They guarantee that when you throw a switch, click a remote, hit ‘Send,’ or turn on a fresh-water faucet, nothing happens – except, exactly what you want -- the second you want it.

FIRST WORLD AMENITIES - AT THIRD WORLD PRICES
Once completed, Keyhole Bay will have seven solid masonry, Mediterranean-style residences, each housing five to seven luxury condominiums. The prices range from $350,000 for a one-bedroom to $1.25 million for the penthouse suites.

To some that may seem high, and it is at the top of the scale for condominiums in an emerging market. But, Dan Taylor makes no apologies.

“Keyhole Bay is not a ‘resort community.’ It is an exclusive residential community on a resort island. And there’s a difference. The people who purchase homes at Keyhole Bay will be either coming here to live for three to six months at a time, or, eventually, all year around.

They’re the type of highly accomplished individuals who value both their privacy and peer interaction.

“Or, they’ll be serious investors who understand market valuation. Those who invest now, at the pre-construction stage, could easily realize an ROI of 100% within 12 to 24 months. Possibly even more. Or, if they decide to rent, or lease, they’ll have a rental property management team available to help them see a positive cash flow right from the start.”

Taylor points out that one of the seaside lots at Keyhole Bay originally sold for $109,000 in June of 2005. Less than eight months later, it resold for $190,000. And only three months after that, it brought a staggering $290,000.

“That’s a 264% increase in just less than two years,” Taylor notes. And he says it’s indicative of where Roatan Island is heading in terms of property values and investment returns. To his thinking, Roatan is at the very inception of what’s known as the “McLean Development Curve”:

McLean Development Curve

Many Island financial analysts agree that unlike other major resort communities in the U.S., and in the eastern Caribbean, that have already reached investment maturity, Roatan is just beginning its ascendancy.

“Right now,” Taylor says, “the leading cruise ship companies are putting in two more major docks. And the government of Honduras is putting in a new, modern terminal because they expect the number of cruise ship visitors to increase from 300,000 last year to more than a million next year. When you see both government and big business pouring money into an area, you know they are expecting a very high return on investment.”

That fact is not lost on buyers at Keyhole Bay, where the 23 estate lots are already sold out, and four of the seven luxury condominiums in The Seville, the first condominium residence to be completed, have already been bought up.

Still, to some, the very fact that Roatan is still in its early stage of market ascendancy is a cause for pause.

SIMPLY PUT, WHATS LACKING IS THE INFRASTRUCTURE
Unlike Panama City or even Tegucigalpa on the Honduran mainland, Roatan sports no gleaming high rises, multiplex cinemas, huge historic museums, or major cultural attractions. Its pristine beaches have no boardwalks. And, its lifestyle, if not laidback, is at least relaxed.

The only “lightshow” visitors are likely to see is the star-studded sky, stretching forever into infinity. And the only concert most on the Island will ever witness is the silent symphony of florescent colors shimmering off an underwater world of exotic fish weaving through the coral reefs.

There are few fully paved roads on Roatan.

The most well-traveled encircles the west end of the island, treating the visitor to panoramic views of mountain sweeps and ocean swells as near to natural as when they were created. And even in passing through the quaint towns of Coxen Hole, French Harbor, Mount Pleasant, and Oakridge, one is struck by the serenity of the surroundings and the peaceful ambiance of a bygone day.

But, for those who do prefer their “infra” to have a little more “structure,” relief is on the way.

FOR PERCHED JUST ABOVE KEYHOLE BAY WILL SOON BE ROATAN'S FIRST STATE-OF-THE-ART SHOPPING MALL, KEYHOLE VILLAGE.
Featuring a wide array of top brand-name stores, fashionable boutiques, a gourmet food court, and underground parking, Keyhole Village will offer shoppers all the amenities of America’s most modern gallerias.

And it’s 5,000 –square-foot-health spa and fitness facility will turn getting – and staying – in shape as easy and enjoyable as taking a trip to the mall.

And, that’s just the beginning.

At Keyhole Village, visitors will also find fully equipped doctors’ suites, business centers, attorneys’ offices, and international banking services to meet their every medical, legal, and financial need.

Whether for healthcare emergencies or routine check-ups … major transactions or minor accounting … putting together a large deal or taking apart the small print, visitors to Keyhole Village are never more than a few minutes away from staying in the pink … and the black.

Directly adjacent to Keyhole Village, shoppers will soon find The Bay Islands’ first major supermarket.

Here, the fruit will be as fresh as all outdoors, the vegetables vine ripened, and the meats and dairy products of the same high standards consumers come to expect at Europe’s and North America’s finest butcher shops and quality creameries.

So, whether they’re leisurely shopping for next week’s groceries … looking to relax over a steaming latte … stopping by the bank … checking up on their health …checking out the latest fashions … or simply idling away some carefree moments out of the sun and in the flow, perhaps the mall’s slogan says it best, “You’ll find everything you need -- and more -- always and only at Keyhole Village.”

Says Carter Clews, Keyhole Bay’s Director of Marketing, “To me, the Village is the frosting on the cake – not just for Keyhole Bay, but for the Island, as well. I was raised in the inner city, so I love the hustle and bustle. When people say to me, ‘Well, there’s just not enough infrastructure on Roatan,’ I tell them not to worry, Keyhole Village is the infrastructure.”

I CAME TO VISIT, AND DECIDED TO STAY
“I came to visit, and decided to stay” concludes Carter.

More and more, with every passing day, Roatan, in The Bay Islands, of Honduras is becoming everything visitors, retirees, resettlers, and investors want – and less.

The less being the fact that property on Roatan can still be purchased for a quarter to a third of the price for similar homes on other, better known, though no more idyllic, Caribbean getaways.

An added advantage for Americans is that, since Roatan was a British colony for many years, the language of business in The Bay Islands is English.”

That’s pretty flowery. And enticing. But, perhaps the lasting allure of the Island can best be summed up in the sentiment one hears repeated time and again when talking with those who have made the trek and laid down roots: “I came to visit and decided to stay.”

For Caribpro.com readers, it’s at least worth a look.

And with direct flights to the Roatan from a growing number of U.S., Canadian, and even European cities, the directions are easy: You land in paradise … and for even more information and an insider engineer’s view, turn left and look for Keyhole Bay.

AUTHOR : Carter Clews began his career in marketing as Director of Public Relations for the National Right to Work Committee in Washington, after which he became Director of Communications for the U.S. Senate Conference of the Majority. Following his years in Washington, Mr. Clews became Creative Director for Inphomation, Inc, the company responsible for several of the top infomercials in recent history, including Making Love Work, The Psychic Friends Network, and The Helicopter Lure. Mr. Clews has won numerous writing awards, including the Best Scriptwriter of the Year Award from the Electronic Retail Association. He now lives at Keyhole Bay on Roatan in the beautiful Bay Islands.

For More Information on Keyhole Bay Click Here

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