I taught long before I have decided to share my experience .I have to remind you that my experience with Recap development is dated back to January 2012. We were very excited to buy there and visited the development before we put down deposit for the lot. We were later thankful for some caution on our part. Back then there was only one house under construction and was built privately not by Recap. Information that we got before going to Honduras was not what we saw there. There was absolutely nothing there .We were told that we will enjoy private beach(for the owners), have no idea if this is correct .We were in contact with a local lawyer (who speaks English) and he told us that in Honduras there is no such thing like private beach. Everyone has access to beach if they want to. My understanding is that it will be difficult for locals to get there (no houses in very close proximity) so I think you can call it private beach. I have to say again that info we got from a lawyer not from Recap and cannot be 100% sure, we did not research further as we were not interested any more. The road going to the development is not the best one and if you drive there like every day in your car your windshield will not last long (road is built with small rocks).We were staying in La Ceiba and were driving to Trujillo in rented SUV and from our experience is type of car you will need there because of the roads condition. On the way to Trujillo we were stop at list 3 times (each way) by the army, they were polite but we were a little on edge. In Honduras crime rate is high so gated development should give some security. It is very poor country and crime rate is high.
We also met with Chris (he is contributor on this site), he builds houses in La Ciba and what we saw was similar to standard in Canada but I am not qualified to give any opinion as of quality of them. One thing I don't understand is why you have to pay him monthly fee $150 or more (do not remember exact amount) maintenance fee as there is no community area, pool, beach chairs etc. We were staying at Palma Real resort in La Ceiba, they also are selling villas (around $100000) and they have monthly fee but you have access to swimming pools, small water park, beach chairs, towels, entertainment, etc. During our 14 days day stay we never saw clear blue water in La Ceiba , Trujillo was a little better but do not expect water like Bahamas, Cayman or other Caribbean countries .Please also check electricity prices as I am sure your air conditioner will be working most of the time(not very cheap ), property taxes are low. There is no question that the prices there are hard to find anywhere else (specially beach properties )but at least for us we had to consider security and quality of life not only price. There is also no shortage of rentals in that region which I think says a lot. I hope that this development in last 2 years made some improvements as I like to remind you again I was there in 2012. I hope this info will help you and you will research all ,ask many questions, even better visit the place so there is no disappointment later.