Tegucigalpa, Honduras
Honduras's property register is public by statute, but the Instituto de la Propiedad that keeps it sits behind a Cloudflare wall and publishes no bulk owner file, so Tegucigalpa's large owners are known from laws, public budgets and company pages, not from the register.
8 buildings · 6 with an owner established · 21 sources · 4 tier B · 4 tier A · prepared 2026-10-20
Real-property title in Honduras is kept by the Instituto de la Propiedad (IP) in a single Registro Unificado de la Propiedad organised by folio real, with the cadastre in the same institute. The Ley de Propiedad (Decreto 82-2004) says the register 'es público' (art. 26) and tells the IP to run a network giving 'acceso público a datos relativos a la propiedad' (art. 5). In practice an owner is learned by requesting a certification of a folio from the IP, which is a paid service; the IP's own site and its fee schedule could not be read, so the search fee is not stated here, and there is no bulk owner file.
- www.laprensa.hn / www.elheraldo.hn (Grupo OPSA) — “toda copia, imitación, reproducción fuera del sitio, utilización para memes, y cualquier otro acto similar, sin autorización previa, estará sujeto a las sanciones civiles y penales que establece la ley”
- www.gruporoble.com — “Usted no puede obtener ni intentar obtener material o información utilizando otros medios que aquellos expresa e intencionalmente ofrecidos a tal efecto en el sitio Web Grupo Roble.”
The marquee buildings
The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.
| Building | Use | Owner | Owner type | Last price paid |
|---|---|---|---|---|
| Government Civic Centre (Centro Cívico Gubernamental, CCG) Predio José Cecilio del Valle, Blvd. Juan Pablo II at República de Corea, Tegucigalpa M.D.C. 2 towers (24 and 25 levels, one with helipad), 3 low-rise blocks of 6–7 levels, 4½ basement parking levels · 25 floors |
Civic | Fideicomiso del Centro Cívico Gubernamental — Banco LAFISE (Honduras) as fiduciary, for the Government of Honduras (Secretaría de Finanzas) SAPP's Jan 2026 regulator report: a public-private partnership; concedente Secretaría de Finanzas (SEFIN); concessionaire/operator Desarrolladora y Operadora de Infraestructura de Honduras S.A. de C.V. (DOIH) until 15 Apr 2044; fiduciary Banco LAFISE, 30-year trust (PCM-062-2013; Decreto 307-2013). Invested to date US$176,028,960.18; syndicated financing US$155,318,080 (close 22 Nov 2017). La Prensa (14 Feb 2016): the fiduciary 'recibirá como activos fideicomitidos terrenos' plus the rent budget of 40+ agencies (L455 million a year). Tier B: no title entry was read. |
Government | —B |
| National Congress (Congreso Nacional de Honduras) Centro Histórico, by the old Paraninfo Universitario and Parque La Merced, Tegucigalpa |
Civic | Estado de Honduras (Congreso Nacional) Spanish Wikipedia: construction of the Congress's 'sede propia' began in 1953 and the seven-storey building was finished in 1954 at a cost of L1.4 million. The UNAH's own 2014 property inventory (s9, row 4) lists as UNAH property the second patio of the old Paraninfo Universitario facing Parque La Merced, transferred by the Consejo del Distrito Central in 1978, 'actualmente ocupado por el Congreso Nacional' — so at least part of the land the Congress occupies is recorded as university property. Tier B for that reason. |
Government | HNL L 1,400,000 1954 Construction cost of the seven-storey seat, per Spanish Wikipedia — a build cost, not a purchase price. B |
| Toncontín Airport (Aeropuerto Toncontín, MHTG) 6 km south-west of the centre, Tegucigalpa runway 02/20, 2,021 m x 45 m |
Civic | Estado de Honduras — Secretaría de Infraestructura y Transporte (SIT), as concedente International flights moved to Palmerola (Comayagua) on 15–16 Dec 2021; Toncontín has handled domestic flights since. Spanish Wikipedia says it is run by InterAirports S.A. El Heraldo (22 Apr 2025) quotes the SIT minister: Toncontín 'está en un proceso de transición de una administración privada al Estado de Honduras, a través de la SIT', the SIT being concedente of the Palmerola concession, to which the previous Congress added Toncontín limited to domestic flights. The State's role as grantor rests on these statements, not on a title entry (tier B). Passengers: 697,925 in 2016, 337,493 in 2021. |
Government | —B |
| National Stadium Chelato Uclés (Estadio Nacional José de la Paz Herrera Uclés) Barrio Morazán, Tegucigalpa capacity 34,000–35,000 |
Civic | Estado de Honduras — Comisión Nacional de Deportes, Educación Física y Recreación (CONDEPOR) Spanish Wikipedia: 'esta instalación deportiva pertenece al Estado hondureño manejado específicamente por la estatal ... CONDEPOR'; presidential inaugurations are held there every 27 January of an election cycle. Opened 15 Mar 1948. A 2009 video screen donated by Tigo cost US$544,096 (L10.337 million); in 2023 the pitch was replaced with hybrid grass and 18,000 seats were announced. Home of Olimpia and Motagua. |
Government | —A |
| Multiplaza Tegucigalpa Blvd. Juan Pablo II, opposite the Hotel Real InterContinental, Tegucigalpa 129+ shops, cinemas, financial centre, 1,000+ parking spaces |
Retail | Grupo Roble (real-estate arm of Grupo Poma, El Salvador) English Wikipedia: Multiplaza is 'a chain of shopping malls, owned by Grupo Roble of El Salvador (the real estate subsidiary of Grupo Poma)', and the first Multiplaza opened in Tegucigalpa in 1990. Grupo Roble's own Honduras page lists Multiplaza Tegucigalpa ('más de 129 tiendas ... parqueo para más de 1 000 vehículos') among its shopping centres. The Honduran owning company and any stake are not stated; tier B (owner's site plus encyclopedia, no register). |
Private company | —B |
| City Mall Tegucigalpa Tegucigalpa (Comayagüela side) 130,000 m² total area; 280 shops, 25 restaurants, 1,500 parking spaces |
Retail | Not established a paid title search would answer it English Wikipedia: City Mall is the name of three malls 'operated by Corporación Lady Lee' (Alajuela, San Pedro Sula, Tegucigalpa); City Mall Tegucigalpa opened in September 2012. Operation is not ownership: no filing, company report or register entry naming the owner of the land or of the commercial units was read, so the owning entity is not established. |
Not established | —A |
| Torre Atlas Blvd. Morazán, Tegucigalpa 136 m · 42 floors |
Mixed use | Not established a paid title search would answer it Honduras's tallest building (136 m, 42 levels, completed 2025 per Spanish Wikipedia's tall-buildings list). El Heraldo (23 Apr 2024): 'desarrollada por Grupo Celaque'. It is a condominium of apartments, offices and retail sold unit by unit; the developer is not thereby the owner, and unit holders are recorded only in the IP folios. Owner not established. |
Not established | —A |
| National Autonomous University campus (Ciudad Universitaria, UNAH) Blvd. Suyapa, Tegucigalpa about 84.2 ha in four titled parcels (UNAH inventory, 2014) |
Institutional | Universidad Nacional Autónoma de Honduras (UNAH) The UNAH's own Listado de Bienes Inmuebles 2014 (Unidad de Control Patrimonial) lists as its property, with IP registration numbers, the parcels now forming Ciudad Universitaria: the haciendas bought in 1962 (55.78 ha, cadastral values L297.6M + L67.2M + L66.0M across three keys), Suyapa Lote A-3 bought 1965 (20.92 ha, L132,000), 'La Loma' bought 1966 (5.87 ha, cadastral L57.2M) and a 1.62 ha plot bought 1993 (L1,508,375.70). Building began 30 Jun 1965 (Spanish Wikipedia). Values are 2014 figures. |
Institution | HNL L 484,000 1962-02-22 Haciendas La Guarabastaca, San José y San Miguel del Trapiche, 55.78 ha: purchase of 70 mz, donation of 10 mz, option on 30 mz. A |
The core land
The most valuable ground in the city, and what the public record says about it.
The Distrito Central's cadastre is municipal and, by the AMDC's own account, about twenty years out of date: it holds some 220,000 cadastral keys against 450,000 electricity accounts. It publishes no total cadastral value and no parcel values; the only parcel values found in public documents are those an owner chose to print, such as the UNAH's inventory.
Who owns the town
At this scale the significant owner is rarely a trust or a fund: it is one or two local holding companies, a family in its second or third generation, and often the land around the town rather than the buildings in it.
Tegucigalpa's largest landholders on the public record are public bodies. The municipality (AMDC) holds 11,558 manzanas of ejido land, 92% of it on the Comayagüela side, plus markets, cemeteries and green areas in its Inventario del Patrimonio Inmobiliario Municipal. The National University holds the 84-hectare Ciudad Universitaria with registered title. The State holds the civic core — Congress, the National Stadium, Toncontín — and placed the Civic Centre's land in a trust. No register-based ranking of private holders exists: the IP answers folio by folio, behind a paid certification.
| Name | Type | Holdings |
|---|---|---|
| Alcaldía Municipal del Distrito Central (AMDC) El Heraldo (27 Sep 2023), citing the AMDC's Inventario del Patrimonio Inmobiliario Municipal (IPIM), memo AMDC-GC-892-2023: 92% of the municipal ejidos lie in Comayagüela. The IPIM also covers the 12 municipal markets and 5 municipal cemeteries; green areas exist in 491 zones, and 376 of the 867 barrios and colonias the Catastro recognises (44%) have none. Hectare conversion ours (1 manzana = 0.6987 ha). |
Government | 11,558.38 manzanas of ejidos (≈8,080 ha); 10,598.38 mz in Comayagüela, 960 mz in Tegucigalpa; 207 barrios, colonias and aldeasA |
| Universidad Nacional Autónoma de Honduras (UNAH) UNAH's Listado de Bienes Inmuebles 2014 records each property with its deed, acquisition price, municipal cadastral key and value, and IP registration. In the capital: the Ciudad Universitaria parcels (1962–1993), the Comayagüela lots donated by the State in 1961 (one now the Centro de Arte y Cultura), the old Paraninfo on Parque La Merced (now the Galería Nacional de Arte; a second patio is occupied by the Congreso Nacional) and the Medical School land donated by PANI in 1977–78. Nationally the largest holding is a 1,999.99 ha INA transfer in Atlántida (CURLA). |
Institution | 85.49 ha in Francisco Morazán (11 properties), of which ≈84.2 ha is Ciudad Universitaria; 2,602.13 ha nationally (2014)A |
| Fideicomiso del Centro Cívico Gubernamental (Banco LAFISE (Honduras), fiduciary; Government of Honduras, settlor) The State placed the land for the Civic Centre, and the rent budget of 40+ agencies (L455 million a year in 2016), in a 30-year trust with Banco LAFISE as fiduciary (La Prensa, 2016; SAPP, Jan 2026). The operator, DOIH, holds a concession, not the land. |
Government | Predio José Cecilio del Valle; US$176.0M invested; concession to 15 Apr 2044B |
| Estado de Honduras (central government and agencies) No inventory of State land in the Distrito Central was found. Ownership of individual civic assets is recorded in the marquee entries from the sources cited there; holdings by the Catholic Church, the pension institutes (INJUPEMP, IHSS) and the armed forces could not be quantified. |
Government | Civic core: Congress seat (1954), Estadio Nacional (CONDEPOR), Toncontín Airport (SIT as concedente)B |
Who builds the houses
New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.
Honduras publishes no builder league table. The Banco Central's quarterly survey of private roofed construction (ECOPT) is the only official measure, and it is national: in 2025 Honduras built 2,084.1 thousand m² of private roofed works (−11.7% on 2024), of which 1,357.0 thousand m² (65.1%) residential — 8,133 residential units (7,911 houses, 222 apartments); in Q4 2025 the Distrito Central, Danlí, Juticalpa and San Pedro Sula together accounted for about 40% of residential works (E&N, citing the BCH). In the capital new building is increasingly vertical — 11 of the country's 16 towers over 100 m stand in Tegucigalpa (Spanish Wikipedia, May 2026) — and sold off-plan as condominiums by private groups; public housing is small and slow. Builders below are those a source ties to a named Tegucigalpa project; no ranking is implied.
| Name | Type | Project as stated |
|---|---|---|
| Grupo Celaque El Heraldo (23 Apr 2024): the tower on Blvd. Morazán is 'desarrollada por Grupo Celaque'; a mixed condominium of apartments, offices and retail. Unit totals not published in a source read. |
Private company | Torre Atlas: 42 levels, 136 m — Honduras's tallest buildingA |
| Grupo Roble (Grupo Poma) El Heraldo sponsored content ('brandedcontent', 12 Mar 2026), with material supplied by Grupo Roble: two- and three-bedroom apartments, over 300 direct jobs during construction. Grupo Roble is also the city's largest mall landlord. |
Private company | Aluna Tower: 113 apartments (87–110 m² models), 20-month buildB |
| Alcaldía Municipal del Distrito Central (AMDC) — Villa Solidaridad El Heraldo (29 Jul 2026): the municipal project on the road to Olancho, for families evacuated after the 15 Sep 2022 Colonia Guillén landslide, was presented in 2023; by September 2025 only two model houses were finished, and the AMDC said works would restart within two months. |
Government | ≈180 homes planned; investment ≈L140 million; 23% built by Sep 2025A |
Commercial landlords
The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.
Tegucigalpa has no listed REIT and no stock-exchange filings for property owners, so the commercial landlords are known from their own pages and the press, not from accounts. The two big mall groups are regional families' companies — Grupo Roble (Grupo Poma, El Salvador) and Corporación Lady Lee, which runs City Mall. The largest single office estate is the State's own Civic Centre, held in trust. Figures are as each source states them; no floor-area total for any landlord in the city was published.
| Name | Type | Holding as stated |
|---|---|---|
| Grupo Roble (Grupo Poma) Grupo Roble's Honduras page lists all three as its centros comerciales; English Wikipedia describes Grupo Roble as the owner of the Multiplaza chain and the real-estate subsidiary of Grupo Poma. It is also building housing in the city (Aluna Tower, 113 apartments). Tier B: the Honduran owning companies are not named. |
Private company | 2 Tegucigalpa malls: Multiplaza Tegucigalpa (129+ shops, 1,000+ parking) and Metromall Tegucigalpa (58+ units); plus Multiplaza San Pedro SulaB |
| Corporación Lady Lee English Wikipedia says Corporación Lady Lee operates the three City Malls (Tegucigalpa, San Pedro Sula, Alajuela). Operator, not established owner: no document naming the owner of the mall's land or units was read. |
Private company | City Mall Tegucigalpa: 130,000 m² total area, 280 shops (opened Sep 2012)B |
| Fideicomiso del Centro Cívico Gubernamental (Banco LAFISE, fiduciary) / DOIH (operator) The State is both landlord (through the trust) and tenant: the CCG replaced rented offices of about 40 institutions, whose rent budget — L455 million a year in 2016 — went into the trust (La Prensa; Spanish Wikipedia). The operator DOIH collects commercial-service income such as parking under the APP to 2044 (SAPP report, Jan 2026). |
Government | 2 towers (114 m and 106 m) and 3 low-rise blocks for 40+ State institutions and ~10,000 public employees; US$176.0M investedB |
Looked for and not found
Claims this page would have made if a source could be opened. They are left out rather than guessed.
- The Instituto de la Propiedad's search fee and whether any free online folio lookup exists — www.ip.gob.hn and the IAIP transparency portal where its fee schedule is posted both sit behind a Cloudflare challenge; the Ley de Propiedad leaves fees to the IP's Consejo Directivo (2010 reform, art. 3).
- The owning company and title of Multiplaza Tegucigalpa and Metromall — Grupo Roble presents them as its centres, but no Honduran company filing or IP folio was read; an IFC project page for 'Multiplaza' (disclosures.ifc.org, SPI 8620) renders by script and its text could not be read.
- Who owns City Mall Tegucigalpa's land and units — Corporación Lady Lee is the operator on the record read.
- Whether Toncontín's terminal has been taken back from private administration by the SIT, and the identity of the Palmerola concessionaire that holds Toncontín's domestic operation — the El Heraldo report of Apr 2025 described the transition as unfinished.
- Owners of the Hotel Real InterContinental Tegucigalpa, the Banco Central de Honduras tower (80 m, 2016) and the Hospital Escuela — not researched within the search budget.
- Holdings of the Catholic Church (Basílica de Suyapa, Catedral), the pension institutes INJUPEMP and IHSS (reported as co-financiers of the Civic Centre), and the armed forces in the Distrito Central — no figures found.
- The AMDC's total cadastral value and the results of its 2024 cadastral update (contract of over L100 million) — not published in any source read.
Sources
- Ley de Propiedad, Decreto No. 82-2004 (La Gaceta No. 30,428, 29 Jun 2004) — arts. 4, 5, 25, 26, 53, 54 — Congreso Nacional de Honduras, via FAO FAOLEX · openA
- Decreto reforming arts. 53 and 140 of the Ley de Propiedad (registration fees L.200 base + L.1.50 per thousand; transfer tax 1.5%), La Gaceta 7 Oct 2010 — Congreso Nacional de Honduras, via FAO FAOLEX · openA
- Informe de proyecto, enero de 2026 — Contrato APP Centro Cívico Gubernamental (Gerencia de Regularización) — Superintendencia de Alianza Público-Privada (SAPP) · openA
- Fideicomiso para la construcción del Centro Cívico durará 30 años — La Prensa (Grupo OPSA) · openA
- Congreso Nacional de Honduras — Wikipedia (es) · openA
- Aún sin fecha para reactivar Toncontín como aeropuerto internacional de Honduras — El Heraldo (Grupo OPSA) · openA
- Aeropuerto Internacional Toncontín — Wikipedia (es) · openA
- Estadio Nacional Chelato Uclés — Wikipedia (es) · openA
- Multiplaza — Wikipedia (en) · openA
- Grupo Roble — En Honduras (centros comerciales) — Grupo Roble · openA
- Listado de Bienes Inmuebles de la UNAH 2014 — Universidad Nacional Autónoma de Honduras — Unidad de Control Patrimonial, Físico y Ambiental (Portal de Transparencia) · openA
- City Mall (Central America) — Wikipedia (en) · openA
- Torre Atlas, el edificio más alto de Honduras (Tegucigalpa) — El Heraldo (Grupo OPSA) · openA
- Anexo:Edificios más altos de Honduras (data as of 30 May 2026) — Wikipedia (es) · openA
- Centro Cívico Gubernamental — Wikipedia (es) · openA
- En Comayagüela se concentra el 92% de ejidos municipales — El Heraldo (Grupo OPSA) · openA
- Grupo Roble presenta Aluna Tower, una nueva propuesta residencial en Tegucigalpa (branded content) — El Heraldo (Grupo OPSA) · openA
- Alcaldía promete retomar obras de Villa Solidaridad en dos meses tras años de retrasos — El Heraldo (Grupo OPSA) · openA
- Honduras construyó más de 9.000 nuevas obras en 2025, con dominio del sector vivienda (BCH ECOPT) — Revista Estrategia & Negocios (Grupo OPSA) · openA
- Más de L100 millones se invertirán para actualización catastral en la capital — El Heraldo (Grupo OPSA) · openA
- Solo el 15% de contribuyentes ha pagado tributo de bienes inmuebles en la capital — El Heraldo (Grupo OPSA) · openA